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Freestone County designates 1,430-acre Reinvestment Zone for proposed 300 MW solar project
Summary
After a public hearing, the Commissioners Court approved designating Reinvestment Zone No. 002A for a proposed 300-megawatt solar facility and a 100-megawatt battery energy storage system and authorized sending the proposed tax abatement form to other taxing entities.
Freestone County Commissioners on Tuesday held a public hearing and voted to create Reinvestment Zone Number 002A to cover approximately 1,430 acres for a proposed solar generation project.
County staff said the project would be a “300 megawatt solar generation facility with an additional hundred megawatt battery energy storage system.” The staff presentation said the project’s projected capital investment is approximately $416,500,000, the yearly payment in lieu of taxes (PILOT) would be about $422,000, and the developer must pay a $10,000…
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