UTILITIESAPPROVED

City of Danville City Council Regular Meeting Agenda May 19 2026

Electric Service Agreement OK’d for 100 Cane Creek Facility

City of Danville100 CANE CREEK LLCMay 16, 2026

Trusted by teams at

Description

Danville City Council approved an Electric Service Agreement with 100 Cane Creek, LLC to provide up to 40 MW of industrial electric capacity at the former Morgan Olson site, with 10 MW available by mid-2026 and additional capacity subject to a regional transmission study. The City will build and own the necessary transmission and substation facilities under a 3‑year initial term with annual renewals.

Contract Details

Vendor

100 CANE CREEK LLC

Agency

City of Danville, VA

Contract Type

UTILITIES

Document Date

May 16, 2026

Contract Term

Initial term 36 months after Meter Date (no later than June 1, 2026), with automatic one-year renewal terms unless terminated with 180 days’ notice

Renewal Date

2029-06-01

Renewal Info

Agreement has a 36‑month initial term starting at the Meter Date and renews automatically in successive one‑year terms unless either party gives 180 days’ written notice; early termination by the customer during these periods is subject to specified exit fees and repayment of utility termination costs.