Our Lady of Good Counsel High School
The Project consists of a 250 kW rooftop photovoltaic system that began generating power at Our Lady of Good Counsel High School (OLGCHS) in Olney, Maryland (the “Site”) in August 2016. The power generating equipment relating to the Project is owned by the Falcon Solar Fund. The owner is a Special Purpose Entity (SPE) formed for the purpose of holding ownership of the power generating equipment and the other assets and liabilities relating to the Project. The power generated by the Project is purchased by OLGCHS pursuant to a Power Purchase Agreement (“PPA”) for a term of 20 years.The Project was developed By SPH Solutions LLC an integrated energy services company.
- Location: Olney, MD
- Size: 379.61 kW
- Phase 1: 249 kW
- Phase 2 – Performing Arts Addition: 130.61 kW
- PPA: 20 yrs
- IRR: 25.78%