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Board approves short extensions for two solar projects as ownership changes; staff to confirm decommissioning notices to towns
Summary
The IDA approved requests to extend deadlines for two solar projects after the original owner sold assets to a new company; board members asked the new owner to notify local towns about decommissioning and bond arrangements.
The board approved extensions for two solar projects after the original owner sold both portfolios to a new company. Agency staff said the purchaser agreed to pay a $2,000 administrative fee and to cover legal costs for the extension work.
Board members noted the need for clearer communication when ownership changes so taxing jurisdictions and host towns know who is responsible for decommissioning plans and bonds. A newly introduced representative from Greenville Power said he would confirm how and when towns will be notified of changes in ownership and provide follow-up information to the IDA.
The motions to approve the extension requests for the Rickmer Solar project and the H‑Triple‑C solar project passed by voice votes. Staff said the extensions will be processed as separate actions and that each extension requires its own documentation and fee payments.
