New Markets Tax Credit Coalition

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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

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