OTHERPENDING

Energy Siting Agreement Proposed for Terraform Power Facility

Mecklenburg County scheduled a public hearing on an Energy Facility Siting Agreement with Terraform Power for the Mitchell Energy Center. The proposed agreement includes milestone capital payments, energy revenue sharing, decommissioning security, land protection, and reimbursement of County review costs.

Document date · October 7, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$27,500.00 per megawatt in capital payments, with milestone payments of $100,000, $300,000, $300,000, $300,000, and $1,750,000; at least $150,000 to an energy assistance fund; $100,000 escrow deposit; $1,540.00 per year per megawatt revenue share
Contract type
OTHER
Renewal
No renewal or extension terms are stated in the agenda or draft agreement.
Document type
AgendaPacket
Source document
Mecklenburg County AgendaPacket Board of Supervisors Meeting 2026-10-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Mecklenburg County?

Terraform Power was awarded this government contract by Mecklenburg County, as recorded on October 7, 2026. The contract value is $27,500.00 per megawatt in capital payments, with milestone payments of $100,000, $300,000, $300,000, $300,000, and $1,750,000; at least $150,000 to an energy assistance fund; $100,000 escrow deposit; $1,540.00 per year per megawatt revenue share.

How much is the Terraform Power contract with Mecklenburg County worth?

The Terraform Power contract with Mecklenburg County is valued at $27,500.00 per megawatt in capital payments, with milestone payments of $100,000, $300,000, $300,000, $300,000, and $1,750,000; at least $150,000 to an energy assistance fund; $100,000 escrow deposit; $1,540.00 per year per megawatt revenue share.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Mecklenburg County AgendaPacket Board of Supervisors Meeting 2026-10-13 (AgendaPacket), dated October 7, 2026 from Mecklenburg County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Terraform Power hold?

Terraform Power 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 Mecklenburg County currently buying?

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