Luminace acquires Maine Community Solar projects from EDF

Dec. 9, 2022
The three community solar sites are Overlook Solar in Bristol, Tower in Embden and Green Mile in Woolwich. EDF developed all three and will continue as engineering, procurement and construction contractor

Luminace will acquire a 21.6-MW portfolio of Maine community solar projects from developer EDF Renewables North America.

The three community solar sites are Overlook Solar in Bristol, Tower in Embden and Green Mile in Woolwich. EDF developed all three and will continue as engineering, procurement and construction contractor throughout the building phase.

Discounted bill credits from the projects will be sold to a local collection of 18 separate municipalities, non-profits, and businesses under utility Central Maine Power’s Net Energy billing program. By establishing this local project, the consortium of buyers will, in some cases, go 100% renewable through the purchase of RECs bundled with the energy credits, all while realizing significant savings on their utility bill over a 20-year term.

“Luminace is pleased to partner with EDF Renewables in expanding our nationwide community solar footprint with the addition of these 21.6 MW Maine community solar projects,” said Brendon Quinlivan, Sr. Vice President, Distributed Generation. “This latest acquisition is an important step in our growth strategy across the U.S. to bring clean energy solutions to our valued customers, as well as the evolving value propositions offered via Community Solar market expansion.”

The three Maine community solar projects are each approximately 7 MW in capacity each and due to be completed this year. All developed in the past two years, they are expected to generate 27,600 MWh of low-carbon energy per year, enough to power the equivalent about 8,400 homes.

Overall, they could avoid close to 20,000 metric tons of carbon dioxide emissions annually.