Albany Port District Commission Awards Facilities Contract to Rwe Solar Development LLC (August 2026)
Albany Port District CommissionPublic Authority · Albany, NY- Disclosed value
- $55,000 annual rent per acre; approximately $1,100,000 annually for 20 acres based on the stated appraised value
- From agenda
- Approved
- Aug 12, 2026
- Renews
- Free account
The 30-second brief
The Albany Port District Commission authorized a lease with RWE Solar Development for approximately 20 acres on Riverside Avenue. The lease includes due diligence, construction, and operational periods ending in 2051, with two 10-year extension options, at a rate of at least $55,000 per acre annually.
Rwe Solar Development LLC holds this facilities contract with Albany Port District Commission. Its other public contracts on record include work for City of Craig.
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Contract details
- Contract type
- Facilities
- Amount
- $55,000 annual rent per acre; approximately $1,100,000 annually for 20 acres based on the stated appraised value
- Document date
- August 12, 2026
- Term
- Due diligence and construction terms, followed by an operational term ending in 2051, with two 10-year extension options
- Renews
- On record
- Source document
- Albany Port District Commission Agenda August 12, 2026 (Agenda)
Rwe Solar Development LLC's other public contracts
More Albany Port District Commission contracts
Questions about this contract
Who was awarded the facilities contract by Albany Port District Commission?
Rwe Solar Development LLC was awarded this facilities contract by Albany Port District Commission, as recorded on August 12, 2026. The contract value is $55,000 annual rent per acre; approximately $1,100,000 annually for 20 acres based on the stated appraised value.
How much is the Rwe Solar Development LLC contract with Albany Port District Commission worth?
The Rwe Solar Development LLC contract with Albany Port District Commission is valued at $55,000 annual rent per acre; approximately $1,100,000 annually for 20 acres based on the stated appraised value, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Albany Port District Commission Agenda August 12, 2026 (Agenda), dated August 12, 2026 from Albany Port District Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Rwe Solar Development LLC hold?
Rwe Solar Development LLC 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 Albany Port District Commission currently buying?
Explore Albany Port District Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.