Scenic Hill Solar

A major investment project is driving industrial growth and employment in Paris, AR

Investment

  • NMTC Amount: $7,500,000
  • Total Project Cost: $10,333,436

IMPACT

  • 1 FTE jobs
  • 65 construction jobs

Investor

Project Description

Construction of a 8,049,387 kWht solar project that will serve the University of Arkansas System’s Fort Smith campus.The Fort Smith project is part of the third largest domestic university solar project, which will have 24 solar power plants in 14 different electric utility service areas.The total project is expected to save the University System $145 million in reduced electricity costs over the next 25 years and will reduce carbon emissions by over 2 million metric tons equivalent of removing 5.5 billion passenger car miles from the highway.

MAP

Address: South Kalamazoo Road, Paris, AR 72855

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Financing for Excel Boats, one of the country's premier aluminum boat manufacturers that caters to outdoor enthusiasts.
Redeployment of a small dollar loan fund payment to construct a community facility for a nonprofit, Spring Grove Missionary Baptist Church.
NMTC financing for the construction of its new, $15M 60,000 sq. ft. headquarters.
NMTCS are helping to revive a rural community in Northeastern Arkansas, providing the necessary capital for a highly distressed river town to turn the corner.