STAG Industrial continues nationwide rooftop solar rollout with help from Sherin and Lodgen

STAG INDUSTRIAL, INC. LOGO

Boston law firm Sherin and Lodgen LLP’s Renewable Energy Group represented STAG Industrial, Inc. in connection with rooftop solar leasing for two solar installations – its first in Illinois and fifth in Massachusetts. The projects are part of community solar programs and will provide low-cost renewable energy to local homes and businesses. With the addition of these sites, STAG now hosts over 13.5 MW of solar nationally.

The Sherin and Lodgen team, led by managing partner Douglas M. Henry and partner Jennifer L. Ioli, continues to represent STAG in the rollout of a nationwide solar rooftop program. Facilitated by Black Bear Energy in partnership with STAG and developed by Green Street Power Partners (“GSPP”), these systems have an aggregate capacity of 3.5 MW and will generate over 4.4 million kWh of electricity annually. Construction on both projects began in July 2020.

The national Renewable Energy Practice Group at Sherin and Lodgen represents lenders, developers, municipalities, and companies committed to sustainability through solar, wind, hydro, and energy storage initiatives. Clients rely on our experience in financing, development, acquisition, leasing, environmental, and permitting to navigate this ever-changing market and accomplish their business goals. The group has particular experience assisting lenders in navigating the SMART program.

Henry represents real estate developers, public and private companies, independent power producers, lending institutions, and other corporate and individual clients regarding the acquisition, permitting, financing, leasing, operation, management, and disposition of real estate facilities. His practice includes the representation of clients in connection with complex downtown and suburban development, affordable housing and community development, hotel and hospitality, office, industrial, and retail projects. Ioli is a commercial real estate and environmental attorney with experience in acquisitions, development, leasing, and financing.

— Solar Builder magazine

[source: https://solarbuildermag.com/news/stag-industrial-continues-nationwide-rooftop-solar-rollout-with-help-from-sherin-and-lodgen/]

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