SunEast Highview Solar, LLC
Company History
Founded in 2012, SunEast Development is a privately held solar energy development company that has partnered with recognized leaders in the renewable energy industry. SunEast is managing the development of over 800 MWs of solar projects in the eastern U.S. This includes the full spectrum of the solar development process including strategic site assessment, land origination, project design, interconnection, permitting, offtake contracting, and site engineering for solar projects ranging from 2 MWs to 80 MWs in the New York ISO, ISO New England and the PJM Interconnection markets.
Project Description
SunEast Highview Solar, LLC proposes the installation of a 20MW, ground-mounted, utility-scale solar energy generation system in the Town of Castile, NY The project will cover approximately 83.4 leased acres and will have a total cost of $20M+. The Town of Castile will be the Lead Agent in completing the SEQR review for this project. The Town has drafted a Host Community Agreement with SunEast with the terms a $5,000 per MW Host Fee and PILOT payment at an 80/20 split, over 20 years. Due to the nature of the project, there will only be necessity for 1 job expected.
Request
The Company requests IDA incentives for exemption of sales tax on construction materials and non-production equipment, a mortgage recording tax exemption, and a deviated PILOT agreement for abatement of property tax. The project meets the criteria for an Energy Production Project. There will be private investment into the project, minimal job creation except local labor used during construction. The project shows initiative in advanced renewable energy production. Approximate value of these incentives is expected to be more than $100,000; therefore, a public hearing is required.
