10 Massachusetts solar projects developed by Kearsarge Energy get financing

By Kathie Zipp Boston law firm Sherin and Lodgen announces that its Solar Energy Practice Group represented Cambridge Savings Bank in the development of a portfolio of 10 solar facilities by Kearsarge Energy in Massachusetts. The financing involved a master debt facility of up to $50.5 million for the construction and permanent financing of the projects, which will produce approximately 18.2 MW (DC) of energy. The majority of the electricity generated will be sold to various Massachusetts municipalities and will afford the cities with valuable savings to their electric bill and rental income for those sites also ground leased by the town for

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