Active Solar Named Conditional Landfill Solar Redeveloper
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Description
Evesham Township designated Active Solar Development, LLC as the conditional redeveloper for the Evesham Landfill Solar Energy Redevelopment Area and authorized a negotiation period through December 31, 2026. The company will fund an escrow for Township professional costs while the parties work toward a long-term solar redevelopment agreement.
Contract Details
Vendor
ACTIVE SOLAR DEVELOPMENT LLC
Agency
Township of Evesham, NJ
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 15, 2026
Contract Term
Negotiation period through December 31, 2026; proposed 40-year ground lease (25-year initial term plus three 5-year extensions)
Renewal Date
2026-12-31
Renewal Info
Conditional redeveloper status runs through December 31, 2026 for negotiation of a Redevelopment Agreement; any future lease is contemplated as a 40-year term (25-year initial term plus three 5-year extensions) per the proposal letter, but is not yet executed.
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