town-of-smoaks-agenda-2024-08-27_b45.pdf
Colleton County Approves $80M Solar Project with Project Sun
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Description
Colleton County authorizes a Fee-In-Lieu of Ad Valorem Taxes Agreement with Project Sun, involving an $80 million investment in a utility-scale solar facility. The 30 year agreement aims to provide tax incentives and special revenue credits to the company.
Contract Details
Contract Amount
$80,000,000
Vendor
PROJECT SUN
Agency
Town of Smoaks, SC
Contract Type
Fee-In-Lieu of Ad Valorem Taxes Agreement
Document Date
August 27, 2024
Contract Term
30 years
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