Zentric Inc Signs Agreement To Acquire 1.6 MW Solar Project In North Carolina

Zentric Inc announced it 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 CAD4 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. Each 800KW solar farm will be situated on 5 acres of leased land and will contain approximately 3,500 solar photovoltaic panels. The use of solar panels or photovoltaic Each 800KW solar farm will be situated on 5 acres of leased land and will contain approximately 3,500 solar photovoltaic panels. The use of solar panels or photovoltaic.