40-Year Solar Array Lease with Walden Renewables Approved
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Description
The Town of Chester is party to a 40-year property lease with Walden Renewables for a 5MW solar array on private property, including a payment in lieu of taxes totaling $906,030. The agreement outlines utility right-of-way access and long-term commitments.
Contract Details
Vendor
WALDEN RENEWABLES
Agency
Town of Chester, NH
Contract Type
OTHER
Document Date
November 20, 2025
Contract Term
40 years
Renewal Date
2065-11-06
Renewal Info
40-year lease, property access, PILOT payment; possible decommissioning arrangements after the term.
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