Press Release
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Dec 21, 2021 13:00 CST

CHICAGO,
December 21, 2021 (Newswire.com) –

Verde Solutions, LLC, a full-service renewable energy development firm based in Chicago, is thrilled to announce a partnership with the Village of Minooka, IL, for a solar array at the Minooka Wastewater Treatment Plant. This solar project will reduce the energy expenses for the village while saving more than 20,000 metric tons of carbon emissions over its lifespan.

To finance the system, the Village of Minooka is entering a power purchase agreement (PPA) and will buy power at a discounted rate compared to grid power. Thus, the solar installation will result in instant savings for the village, yet it will make no capital investments into the project.

Verde Solutions brought together the team needed to make this project possible. For example, it secured a third-party investor to monetize the…