[September 17, 2014, New York, New York] — Soltage-Greenwood, a joint venture between premier North American solar power provider Soltage, LLC, and Greenwood Energy, now Greenwood Sustainable Infrastructure (GSI), today announced the official commissioning of a 2.7-megawatt (MW) solar power system located on Casella Waste Systems’ Coventry, Vermont landfill site.

The array is the largest solar project built on a landfill site in Vermont, and is expected to generate three million kilowatt-hours of electricity annually from more than 9,000 solar panels. Energy will be sold through a 25-year power purchase agreement to Vermont Electric Power Producers Inc. (VEPP Inc.), a purchasing agent appointed by the Vermont Public Service Board under Vermont’s Sustainably Priced Energy Enterprise Development (SPEED) Standard Offer Program.

“We are pleased to announce the completion of this solar facility on the Coventry landfill site,” said Jesse Grossman, Soltage Co-Founder and CEO. “The Coventry project is an excellent example of how solar technology can provide affordable and reliable power to domestic energy consumers.”

The solar array is located on the buffer zone for Vermont’s only active landfill, and was designed and constructed by Borrego Solar Systems Inc. Soltage-Greenwood brought the project from shovel-ready to commissioned status, and invested capital financing for the project as part of a previously announced $40 million investment in solar power by a consortium of investors led by John Hancock and the Libra Group.

“We’re excited to officially commission the Coventry solar power plant and add new solar power capacity in Vermont,” said Camilo Patrignani, Greenwood Energy CEO. “This project demonstrates how renewable energy can succeed when access to upfront capital and a turnkey development approach are paired with supportive government policy.”

Casella Waste Systems, which owns the Coventry landfill, was the original development partner on this solar power system project. When combined with Casella’s existing 8MW on-site methane-to-energy facility, all available property is now being used to generate clean power.

“This project illustrates the spirit of collaboration at its best,” said Joe Harrison, project developer at Borrego Solar. “All parties had an eagle eye on getting the project completed and brought online as quickly and smoothly as possible.”


About Greenwood Sustainable Infrastructure

Greenwood Sustainable Infrastructure (GSI) (www.greenwoodinfra.com) is one of the clean energy subsidiaries of Libra Group. GSI is a renewable energy company focused on the development, construction and operation of distributed generation and utility-scale solar energy and battery storage projects in North America. As of March 2023, the company developed approximately 178 MW across 43 renewable energy projects, many of which are still owned or operated by GSI, and has an additional project pipeline of 1.6 GW. GSI’s seasoned team also has a proven track-record investing in power assets and partnering with multiple top-tiered investors.    


About Libra Group

Libra Group (www.libra.com) is a privately owned, global business group that encompasses 30 operating entities: 20 businesses predominately focused on aviation, renewable energy, maritime, real estate, hospitality, and diversified investments, and 10 social initiatives. With assets and operations in nearly 60 countries, the Group applies the strength of its global network and capabilities to deliver cross-sector insights and growth at scale, while mitigating risk. Today, Libra’s Social Responsibility Programs include 10 social initiatives created to address unmet needs and grantmaking that helps people worldwide.