Deal #10914

The 25 MW plant spans 43 hectares (431,408 sqm) and includes over 96,000 photovoltaic modules. Source: Performance Report for the Second Quarter of 2024 (PDF)

The 25 MW plant spans 43 hectares and includes over 96,000 photovoltaic modules. Source: Performance Report for the Second Quarter of 2024 (PDF)

Although the plant is expected to help avoid 21,550 metric tons of carbon emissions per year, its purpose of construction is not registered as uniquely for carbon offset. Source: Performance Report for the Second Quarter of 2024 (PDF) & www.blueleafenergy.com

The Company owns the leasehold rights over the Silay Property pursuant to a lease agreement between the Company as lessee, and Claudio Lopez, Inc. as lessor, with a term of 19 years expiring on October 31, 2040. The lease can be extended for an additional period of five years unless earlier terminated by either party at least six months prior to the end of the original term. It was bought by CREIT from CREC, but CREIT is a subsidiary from CREC. Source: Performance Report for the Second Quarter of 2024 (PDF)

Second date refers to when the property was leased to Claudio Lopez, Inc. to whom the property has be leased until October 31, 2040. Source: Performance Report for the Second Quarter of 2024 (PDF)

Groundbreaking started in September 2015 and began commercial operation in March 2016.