Southbury Awards Landfill Solar Lease to Verogy
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Description
The Town of Southbury awarded Verogy a 20-year lease to develop, finance, and operate a solar project on the capped landfill, paying the town $38,563.47 annually for a total of $771,269.42 over the term. The agreement includes three five-year extension options and a decommissioning bond to restore the site after operations end.
Contract Details
Contract Amount
$38,563.47 per year (total $771,269.42 over 20 years)
Vendor
VEROGY
Agency
Town of Southbury, CT
Contract Type
FACILITIES
Document Date
April 16, 2026
Contract Term
20-year lease term with three five-year extension options
Renewal Date
2046-12-31
Renewal Info
Initial fixed 20-year lease term with three five-year extension options available at the end of the base term.
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