National Solar Power Plans 200 MW Solar Farm In Florida

National Solar Power says it has entered into a developer agreement with Hardee County, Fla., to establish a 200 MW solar farm in the county. This $700 million project will be the company's second solar farm project, following its first in Gadsden County, Fla.

The Hardee County Commission has approved the agreement, which calls for 10 200-acre farms at a cost of $70 million each. The project site is about three and a half miles from Avon Park Executive Airport on the Holly Hill Grove property.

Additionally, the company has formed Green Infrastructure Partners LLC to help fund renewable energy infrastructure projects like the solar farms being built in Hardee and Gadsden counties. Green Infrastructure Partners will offer a platform for institutions and accredited investors to participate in renewable energy infrastructure, while enjoying competitive risk-adjusted returns on their capital, according to National Solar Power.

The new company is externally managed and advised by Solar Capital Management LLC, a wholly owned subsidiary of National Solar Power Partners LLC.

‘Florida is the new frontier when it comes to solar farm development,’ says James Scrivener, CEO of National Solar Power. ‘With its ample property available, easy access to the electric grid and nearby population centers, the Hardee County community is a prime location to put solar energy in the region's power mix.’

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