Archive

Zentric, Inc. signs agreement to acquire 1.6 MW solar project in North Carolina


11 April 2012 by

YOUR INDUSTRY NEWS - William Tien, President of Zentric, Inc., is pleased to announce Zentric has entered into an agreement to purchase Innovative Solar I, LLC and Innovative Solar II, LLC, each the owner/developer of separate 800KW solar power plants in Leicester, North Carolina valued at $4 million each to build.


The purchase of each LLC includes associated land lease, purchase power agreement, engineering performed to date, and interconnection agreement, which are in the name of Innovative Solar I, LLC and Innovative Solar II, LLC, respectively. In addition, the Vendor will serve as EPC Contractor and be responsible for erecting and building to completion each project.

 

Read full article online