Client Success

Congratulations to our client, STAG Industrial, on launch of two rooftop solar systems in Minnesota

November 6, 2019

Sherin and Lodgen congratulates our client, STAG Industrial, on the launch of its first two rooftop solar systems in Minnesota. The community solar projects will generate up to 1800 kW of solar on its rooftop, powering homes and businesses across the Twin Cities and surrounding areas. Construction on the portfolio commenced in October and is expected to wrap up by the end of the year. The project was facilitated by Black Bear Energy.

The Sherin and Lodgen team, led by partner Douglas M. Henry and associate Jennifer L. Ioli, represented STAG in the leasing of STAG’s rooftops to a solar tenant, who will develop and manage the solar arrays. The S&L team continues to represent STAG in the rollout of a nationwide solar rooftop program, with more than 20 MW of executed contracts across four states in development. Our national renewable energy practice group represents lenders, developers, municipalities, and companies committed to sustainability through solar, wind, hydro, and energy storage initiatives. Clients rely on our experience in financing, development, leasing, environmental, zoning, and permitting to navigate this ever-changing market and accomplish their business goals.

About STAG Industrial, Inc.

STAG Industrial, Inc. is a real estate investment trust (REIT) focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. The Company’s portfolio consists of 430 properties in 37 states with approximately 86.0 million rentable square feet as of September 30, 2019.

About Black Bear Energy

Black Bear Energy is a technology-enabled energy services company that represents commercial renewable and clean energy buyers. Black Bear represents over 55 clients who in aggregate own, manage, or control more than 4 billion square feet of real estate through the U.S.