Commercial
Southern Cross Airport – Williamstown, NJ
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Project Overview
Southern Cross Airport – Williamstown, NJ
30,000 Watts-DC System
Who They Are
Southern Cross Airport is a private airport in a southern New Jersey community. Southern Cross Airport was looking to offset their electric bill by installing a PV ground mounted system. They turned to Castle Energy for a solution.
How We Helped
Castle Energy’s team developed the opportunity and negotiated the resources for the site project. Through its contacts of regional investors, Castle Energy created Downstown Solar, LLC, a South NJ investment partnership to fund the project. Castle Energy structured an economical PPA option which allowed for a discounted electric rate for a designated period of time, providing a hedge against rising electric rates. Downstown Solar, LLC owns, operates and maintains the system, while the airport serve as the host. Project installation partner: Palmeiri Solar.