Generation Plant Brokerage
A turnkey, income-producing 2.1 MW AC solar asset with a fixed $0.30/kWh contract through July 2037. Located at 310 Commerce Park, Sharon VT, in an industrial park along I-89. Ideal for 1031 exchange or cash buyers seeking reliable yield.
Asking: $5.6M
Seller Financing: $3.0M @ 5.25% / 5 yrs (optional)
Contract remaining: 12 years
Real estate value: ~$400k
Turnkey O&M available
Executive Summary
- Capacity: 2,100 kW AC (2.54 MW DC); 20×95kW + 2×100kW Solectria inverters.
- Modules: 9,562×230W (2011) + 1,152×295W (2013); TerraFix fixed-tilt @ 25°, true south.
- Monitoring: Tigo panel-level optimizers; 3-phase interconnect to GMP.
- Spare inventory: 11 new Solectria 95kW units; on-site O&M equipment.
- Spare parts + machinery estimated value: $400,000.
- Fee-simple 19.6 acres; storage building easement; industrial park with year-round access.
CPG Docket #7700 (2011; amended 2013). Standard Offer via VEPPI. Transfer supported at closing.
Performance & Financial
| Year | Production (kWh) | Gross Revenue ($) |
|---|---|---|
| 2022 | 2,849,726 | 854,918 |
| 2023 | 2,630,879 | 789,264 |
| 2024 | 2,747,203 | 824,161 |
| 2025 (proj) | 2,307,650 | ~800,000 |
Conservative forward guidance reflects a ~16% production reduction vs. 2024. Estimated operating margin ~60–65%; indicative NOI ~$500,000; cap-rate ~8.9% at ask.
Why It’s Compelling
- Irreplicable PPA SPEED Standard Offer is closed; fixed $0.30/kWh is far above new-build PPAs (<$0.12/kWh).
- Cashflow certainty State-facilitated contract via VEPPI through 2037.
- Asset security Fee-simple land, no lease payments; includes spare inverters and machinery.
- Turnkey O&M Continuity available for a modest annual fee (maintenance, monitoring, compliance).
1031 Exchange Fit
Deeded real estate plus permanent improvements make this asset appropriate for Section 1031 exchange buyers seeking to roll gains from commercial/income properties into a stable, income-producing renewable plant with tangible residual value and 12 years of fixed revenue remaining.
Transaction
- Price: $5,600,000 (cash preferred; optional seller note up to $3.0M @ 5.25% / 5yrs)
- Structure: 100% membership interest sale; deed transfer of land; CPG transfer supported.
- Process: NDA → full proforma & data room → site visit/virtual tour → LOI/offer.
Contact
Tim Post — Broker, GreenEdge Energy Solutions, LLC
South Burlington, Vermont 05403
✉︎ te.post@gmail.com | ☎ 802-328-8881 | greenedge.eco
All figures are believed accurate but not guaranteed; buyer to verify. Projections are illustrative and subject to irradiance, operational, and market variables.