CONTRACTPENDING

Town Partners with MCEC for Solar Bond Financing

Town of Chestertown logoTown of Chestertown
Disclosed value
Up to $6,000,000
From agendapacket
Document date
May 4, 2026
Renews
Free account

The 30-second brief

What it covers

The Town of Chestertown is coordinating with Maryland Clean Energy Center to issue up to $6,000,000 in revenue bonds and provide a corresponding loan to finance and refinance town-owned solar arrays and related clean energy projects, including refinancing a $1.5 million bridge loan previously provided by MCEC.

Who holds it

Maryland Clean Energy Center holds this financial services contract with Town of Chestertown. Its other public contracts on record include work for Frederick County and Maryland Energy Administration | State of Maryland.

What happens next

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Contract details

Contract type
Financial Services
Amount
Up to $6,000,000
Document date
May 4, 2026
Term
Bond and loan agreement dated in 2026 with maturity aligned to Series 2026 bond (expected around 2046)
Renews
On record
Source document
Town of Chestertown Mayor and Council Meeting Agenda Packet 2026-05-04 (AgendaPacket)

Maryland Clean Energy Center's other public contracts

More Town of Chestertown contracts

Questions about this contract

Who was awarded the financial services contract by Town of Chestertown?

Maryland Clean Energy Center was awarded this financial services contract by Town of Chestertown, as recorded on May 4, 2026. The contract value is Up to $6,000,000.

How much is the Maryland Clean Energy Center contract with Town of Chestertown worth?

The Maryland Clean Energy Center contract with Town of Chestertown is valued at Up to $6,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Chestertown Mayor and Council Meeting Agenda Packet 2026-05-04 (AgendaPacket), dated May 4, 2026 from Town of Chestertown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Maryland Clean Energy Center hold?

Maryland Clean Energy Center 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 Town of Chestertown currently buying?

Explore Town of Chestertown's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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