CONTRACTAPPROVED

City of Zebulon Awards Pilot Agreement Contract to Terraform Power (July 2025)

City of Zebulon
Approved
Jul 15, 2025
Term
15-year term

The 30-second brief

What it covers

Board approves the Industrial Development Authority's recommendation for the Flat Shoals PILOT agreement with TerraForm Power, contingent upon the submitted plan. Any changes to the project should trigger a reevaluation of the PILOT agreement. The agreement represents a $7.9 million tax break for the solar farm project over the 15-year period.

Who holds it

Terraform Power holds this pilot agreement contract with City of Zebulon. Its other public contracts on record include work for Mecklenburg County and Antelope County.

What happens next

Term as filed: 15-year term.

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Contract details

Contract type
Pilot Agreement
Document date
July 15, 2025
Term
15-year term
Source document
pike-county-board-of-commissioners-meeting-minutes-july-15-2025_69e.pdf (Minutes)

Terraform Power's other public contracts

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Questions about this contract

Who was awarded the pilot agreement contract by City of Zebulon?

Terraform Power was awarded this pilot agreement contract by City of Zebulon, as recorded on July 15, 2025.

What type of contract is this?

This is a Pilot Agreement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in pike-county-board-of-commissioners-meeting-minutes-july-15-2025_69e.pdf (Minutes), dated July 15, 2025 from City of Zebulon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Terraform Power hold?

Terraform Power may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Zebulon currently buying?

Explore City of Zebulon's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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