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Jersey City solar firm attracts investor for six projects

NJBIZ STAFF//March 21, 2013//

Jersey City solar firm attracts investor for six projects

NJBIZ STAFF//March 21, 2013//

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NewWorld Environmental Infrastructure L.P., of New York, announced today it has invested in a six-project, 11.6-megawatt solar photovoltaic electricity production project portfolio developed by Soltage LLC, of Jersey City.According to an announcement from NewWorld, the projects will be located in Connecticut and Massachusetts, and will begin construction this month.

Soltage specializes in the development, design, ownership, finance and operation of solar power plants for large commercial customers, and has developed 10 solar power generating projects representing more than 14 megawatts of distributed generating capacity, according to the announcement. Terms were not disclosed.