Renewable Energy Facility Lease Awarded to Cultivate Power
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Description
Upper Township awarded a contract to Cultivate Power for the lease and redevelopment of the Butter Road former landfill property as a renewable energy generating facility at $144,000 per year, with a 2% escalator. Cultivate Power will fund all construction and operations.
Contract Details
Contract Amount
$144,000/year with 2% annual escalator
Vendor
CULTIVATE POWER
Agency
Township of Upper, NJ
Contract Type
OTHER
Document Date
January 12, 2026
Contract Term
12 acres, annual lease; start date not specified
Renewal Info
Multi-year lease with annual escalator; renewal/extension terms not specified in award.
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