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

Other Arkansas Projects

Redeployment of small dollar loan fund payments to a roofing company to purchase new equipment.
Financing working capital needs related to equipping development and operations facility for handling and processing slag and scrap metal and performing other services to suppor the operations of steel facility.
NMTC financing to repair Delta Memorial Hospital, based in Dumas, AR, providing quality health care services to residents living in rural communities, throughout the Arkansas Delta.

Vintech Nano Materials produces lubricants, coatings, and cutting tools using proprietary nanoscale additives that increase production rates and part quality while reducing setup times and costs. The company received NMTC