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Saratoga Springs signs solar energy credits agreement

Town of Saratoga
Document date
Jun 4, 2025
Term
15 years

The 30-second brief

What it covers

Grassy Grove Solar East, LLC and the City of Saratoga Springs have entered into a 15-year credit purchase and sale agreement. The agreement allows the City to purchase credits associated with energy generated by Grassy Grove's solar facility, which is a 5 MW solar power generation facility. The purchase percentage equals 40% of the energy generated during the relevant billing period and Price equals the amount equal to eighty-nine- and one-half percent (89.5%) of the Credit Value for that Billing Period.

Who holds it

Grassy Grove Solar holds this credit purchase and sale agreement contract with Town of Saratoga. Its other public contracts on record include work for Town of Canton.

What happens next

Term as filed: 15 years.

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Contract details

Contract type
Credit Purchase And Sale Agreement
Document date
June 4, 2025
Term
15 years
Vendor
Grassy Grove Solar
Agency
Town of Saratoga
Source document
town-of-saratogacontract2025-06-04_a36.pdf (Contract)

Grassy Grove Solar's other public contracts

Town of Canton, New YorkHost Community Benefit Agreement approved with Grassy Grove Solar East · Oct 8, 2025UndisclosedTown of Canton, New YorkHost Community Benefit Agreement okayed with Grassy Grove Solar · Sep 10, 2025UndisclosedTown of Canton, New YorkTown approves PILOT agreement with Grassy Grove Solar · Sep 10, 2025UndisclosedTown of Saratoga, NebraskaGrassy Grove Solar Amends Credit Agreement with Saratoga Springs · Aug 20, 2025UndisclosedTown of Canton, New YorkSolar PILOT Agreement Considered in Canton · Aug 1, 2025$11.8MAll Grassy Grove Solar contractsVendor profile

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Questions about this contract

Who was awarded the credit purchase and sale agreement contract by Town of Saratoga?

Grassy Grove Solar was awarded this credit purchase and sale agreement contract by Town of Saratoga, as recorded on June 4, 2025.

What type of contract is this?

This is a Credit Purchase And Sale Agreement contract, documented as a contract record.

Where was this contract approved?

This contract appears in town-of-saratogacontract2025-06-04_a36.pdf (Contract), dated June 4, 2025 from Town of Saratoga. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Grassy Grove Solar hold?

Grassy Grove Solar 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 Town of Saratoga currently buying?

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

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