FLS Energy

New Markets Tax Credit Coalition

Ellenboro,
NC
(2014)

FLS Energy

Solar

Investment

NMTC Amount: $1,240,101
Total Project Cost: $6,930,354

IMPACT

19 FTE jobs

CDEs

Project Description

FLS Energy constructed 38 megawatts of utility-scale solar farms near Hendersonville, in Rutherford County and at six other sites in North Carolina. Across the state, the array of solar panels produces 56 million kilowatt hours of electricity per year or enough energy to power over 5,000 average U.S. homes.

MAP

Address: 306 Ellenboro Henrietta Road, Ellenboro, NC 28040

Census Tract: 37161961000

Other North Carolina Projects

Selma,
NC
(2014)

Energy, Solar

CDE(s): Self-Help

Financing for the development and management of a 2.3 MW solar farm located in Selma, North Carolina.

North Carolina Central University

Durham,
NC
(2024)

College or Vocational Training, Community, FQHCs, Healthcare

CDE(s): Stonehenge Community Development, USBCDE

Financing to enable North Carolina Central University to enhance critical medical care at a new community health center in Halifax County, NC.

Durham,
NC
(2016)

Community, Schools

CDE(s): National Trust Community Investment Corporation

The $13.8 million redevelopment of Durham’s Historic Holloway Street School

Food Bank of Central and Eastern North Carolina – Wilmington

Wilmington,
NC
(2023)

Community

CDE(s): Rural Development Partners

New Markets Tax Credits to close the funding gap for Food Bank of Central and Eastern North Carolina to expand their Wilmington Branch