Located on a 12 acre site in the Sandhills region, the 2.4 megawatt (MW) system is expected to generate approximately 3.5 million kilowatt hours (kWhs) of clean electricity on an annual basis--the equivalent of electricity usage for approximately 600 homes.
MINNEAPOLIS, MN - January 23, 2012
San Francisco-based MP2 Capital, a leading developer, financier and operator
of solar facilities throughout North America, to construct the largest
photovoltaic (PV) solar array to be built in Scotland County.
Located on a 12 acre site in the Sandhills region, the 2.4 megawatt (MW)
system is expected to generate approximately 3.5 million kilowatt hours
(kWhs) of clean electricity on an annual basis--the equivalent of
electricity usage for approximately 600 homes.
As EPC contractor Mortenson will provide design and engineering services as
well as install all project components, which will include Trina
multicrystalline modules, Northern States Metal Solar FlexRack racking
systems, and SMA inverters. Construction crews will break ground in January
and expect to complete the project by the end of April 2012.
"We are delighted to partner with MP2 Capital for the first time and applaud
their commitment to further expand renewable energy throughout the region,"
said Mark Donahue, a vice president and general manager of Mortenson's
Renewable Energy Groups.
"The Mortenson team is world class and we look forward to working with them
on this exciting project," said Mark Lerdal, chief executive officer of MP2
North Carolina is one of the first states in the southeast to establish a
Renewable Energy and Efficiency Portfolio Standard and is currently ranked
9th in country for solar power generation.
About Mortenson Construction
Founded in 1954, Mortenson Construction is a U.S.-based, family-owned
construction company. Ranked as the 24th largest contractor in America,
according to Engineering News-Record, Mortenson provides a complete range of
services, including planning, program management, preconstruction, general
contracting, construction management, design-build, and turn-key
development. Mortenson has offices in Chicago, Denver, Milwaukee,
Minneapolis, Phoenix, and Seattle with international operations in Canada
As a leading renewable energy contractor, Mortenson has constructed more
than 100 wind and solar projects generating over 11,000 megawatts of clean
renewable energy across the United States and Canada. With 100 percent of
Mortenson's business in the power sector coming from renewable energy,
Engineering News-Record ranked Mortenson the 11th largest power contractor
in the United States.
For more information, please visit www.mortenson.com.
About MP2 Capital, LLC
Founded in 2006 to satisfy the growing demand for renewable energy
resources, MP2 Capital develops, finances, and operates solar projects
throughout North America - selling the electricity produced to commercial,
government, and utility customers under Power Purchase Agreements and
Feed-in Tariffs. Based in San Francisco, MP2 Capital owns and operates
solar-generating assets across North America, allowing our diverse array of
customers to enjoy reliable, economical electricity without up-front or
ongoing operating expenses, and project investors to enjoy attractive,
risk-adjusted returns. MP2 Capital is dedicated to working with partners to
enable the rapid and efficient development of solar energy throughout North
America. Learn more at