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City of Gibson Awards Lease Contract to Keystone Power Holdings (November 2025)

City of Gibson
Disclosed value
$1.9 million
From minutes
Approved
Nov 10, 2025
Term
30 years

The 30-second brief

What it covers

City approves contract with Keystone Power Holdings, LLC for solar farm lease. The lease is for 30 years with demolition within 180 days of ending project, and 80% life is anticipated to remain after 30 years. City will have the option to purchase at that time.

Who holds it

Keystone Power Holdings holds this lease contract with City of Gibson. Its other public contracts on record include work for Richland County CUSD 1 and City of Central.

What happens next

Term as filed: 30 years.

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Contract details

Contract type
Lease
Amount
$1.9 million
Document date
November 10, 2025
Term
30 years
Vendor
Keystone Power Holdings
Agency
City of Gibson
Source document
gibson_city_council_meeting_minutes_november_10_20.pdf (Minutes)

Keystone Power Holdings's other public contracts

Richland County CUSD 1, IllinoisSolar Contract Negotiations Continue With Keystone · Nov 18, 2025UndisclosedCity of Central, IllinoisKeystone Power Agreement for Power Purchase · Nov 10, 2025UndisclosedCity of Centralia city, IllinoisKeystone Power Holdings solar power purchase agreement approved · Nov 10, 2025UndisclosedCity of Lincoln city, IllinoisLincoln Plans Updated Solar Farm Easement With Keystone · Oct 28, 2025UndisclosedCity of Gibson, IllinoisSolar proposal consideration for wastewater plant · Oct 27, 2025UndisclosedAll Keystone Power Holdings contractsVendor profile

More City of Gibson contracts

Anton, StanPool Builder Stan Anton Continues Gibson Construction Work · Oct 12, 2026UndisclosedKevin's Quality Painting & ConstructionTelecare Renovation Approved for Kevin's Quality Painting · Oct 12, 2026Aftershock DesignsGibson Considers Fall Banner Purchase from Aftershock Designs · Sep 28, 2026Aftershock DesignGibson City Approves Fall Banner Purchase from Aftershock · Sep 28, 2026Donohue & AssociatesGibson City Considers Donohue Water Project Change Order · Sep 14, 2026UndisclosedAll City of Gibson activityAgency profile

Questions about this contract

Who was awarded the lease contract by City of Gibson?

Keystone Power Holdings was awarded this lease contract by City of Gibson, as recorded on November 10, 2025. The contract value is $1.9 million.

How much is the Keystone Power Holdings contract with City of Gibson worth?

The Keystone Power Holdings contract with City of Gibson is valued at $1.9 million, covering lease work.

What type of contract is this?

This is a Lease contract, documented as a minutes record.

Where was this contract approved?

This contract appears in gibson_city_council_meeting_minutes_november_10_20.pdf (Minutes), dated November 10, 2025 from City of Gibson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Keystone Power Holdings hold?

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

What is City of Gibson currently buying?

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

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