AM Best Solar Farm

Property Name: AM Best Solar Farm
Location: Goldsboro, NC
Property Type: Solar Installation
Transaction Type: Tax Credit Equity
Loan Amount: Undisclosed
Details:
Photovoltaic; 6.65 MW DC fixed tilt ground mounted solar farm

This utility scale project provides clean, locally generated electricity to more than 771 homes in Wayne County and has an operating life of over 30 years.

Number of Modules: 27,600

Output: AM Best Farm produces approximately 9,975 MWh of electricity a year, which is the same amount of energy used by 771 average homes in North Carolina.br>
Project Construction: Construction took 14 weeks, beginning in March, 2013 and finished in June. AM Best Farm was built by a crew of over 100 local contractors.

Economic Impact: Over $250,000 in direct expenditures in Wayne County for wages, lodging and supplies. Increase in the property tax base of Wayne County of approximately $12 million with no requirement for additional school, sewers roads, or other county services.

Environmental Impact: No emission, no noise, no traffic associated with the operation of the solar farm. Each year, the solar farm will offset approximately 5,357 tons of CO2 which is the same as reducing automobile travel by 8 million miles.

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