Independent School District No. 698 Solar Array Purchase, LNTP, Facility Lease & Power Purchase Agreements 2026-05-15
District to buy solar power under new PPA
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Description
Independent School District No. 698 will enter a Power Purchase Agreement with Ideal Energies Solar Leasing, LLC for operation of the new solar array and delivery of its energy output. The PPA is structured alongside the facility lease and federal incentive strategy for an initial 5‑year service term.
Contract Details
Vendor
IDEAL ENERGIES SOLAR LEASING LLC
Agency
Floodwood Public School District, MN
Contract Type
OTHER
Document Date
May 15, 2026
Contract Term
5 years (coextensive service/PPA term referenced in Schedule H)
Renewal Info
PPA has a 5‑year initial service term aligned with the facility lease; renewal or amendment options are referenced but specific extension terms are contained in the separate PPA document.
More from IDEAL ENERGIES SOLAR LEASING LLC
Related Contracts
Independent School District No. 881 Resolution to Enter into Guaranteed Energy Savings Contract for Solar 2026-06-08
PENDINGIndependent School District No. 698 - Floodwood School District Resolution to Enter into Guaranteed Energy Savings Contract for Solar 2026-05-28
APPROVEDIndependent School District No. 881 - Maple Lake Public Schools Contract Solar Array Purchase and Agreements 2026-05-26
APPROVEDIndependent School District No. 881 - Maple Lake Public Schools Contract Solar Array Purchase and Agreements 2026-05-26
APPROVEDIndependent School District No. 698 Solar Array Purchase, LNTP, Facility Lease & Power Purchase Agreements 2026-05-15
APPROVEDMore from Floodwood Public School District
floodwood-public-school-district-professional-service-agreement-2025-2026_268.pdf
Independent School District No. 698 Individual Employment Agreement 2026-07-01
Independent School District No. 698 Individual Employment Agreement 2026-07-01
Independent School District No. 698 Individual Employment Agreement 2026-07-01
Independent School District No. 698 Individual Employment Agreement 2026-07-01
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