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Congratulations to our client, Agilitas Energy, on the acquisition of a 12.5-MW solar project in North Smithfield, Rhode Island
Sherin and Lodgen congratulates its client, Agilitas Energy, on the acquisition of a 12.5 megawatt (MW) solar project in North Smithfield, Rhode Island. Construction is scheduled to commence in 2025, with anticipated operation by the end of 2026.
This project will generate 16,000 megawatt-hours of clean electricity annually, powering more than 2,500 homes in Rhode Island, and will be a part of Rhode Island’s Net Metering Credit (NMC) program.
The S&L team, led by Renewable Energy Practice Group Chair Beth A. Goldstein, acted as transactional counsel on the project acquisition.
Agilitas Energy is a leading renewables and energy storage company with a mission to accelerate the transition to clean energy. As the largest developer, builder, owner and operator of distributed energy storage and solar PV systems in the northeastern U.S., we have been providing predictable, cost-efficient clean energy for off-takers, utilities, and municipalities since 2024. We are vertically integrated across the value chain to develop, finance, construct, and manage these energy storage and solar PV systems.