Selma Solar

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

Investment

  • NMTC Amount: $3,249,239
  • Total Project Cost: $18,902,283

IMPACT

  • 53 FTE jobs

CDEs

Investor

Project Description

ESA developed and is managing this 2.3 MW solar farm located in Selma, North Carolina. It’s selling all the power generated from the system back to North Carolina Eastern Municipal Power Agency under a long term Power Purchase Agreement (PPA).

MAP

Address: 306 Watson Road, Selma, NC 27576

Census Tract: 37101040100

Other North Carolina Projects

The adaptive re-use of a former RJ Reynolds tobacco facility that is being redeveloped by Wexford Science and Technology, LLC into an 110,815 sq ft mixed-use, LEED Silver certified historic

Construction of a new state-of-the-art sawmill facility in Enfield, North Carolina.

This project will utilize NMTC financing to acquire, renovate and sell 28 affordable homes to families with low incomes. The QALICB recently celebrated serving its 2,000th family locally through new

A NMTC transaction supported the purchase and development of a third healthy food retail site, and to develop warehouse capacity that allowed the market to provide healthy, freshly-prepared foods to