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September 02, 2015 1:55 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Silicon Ranch Corporation

Company Overview

Silicon Ranch Corporation develops, owns, and operates utility-scale solar power purchase agreement projects for Fortune 500 companies. The company also owns and operates a solar array in Social Circle, Georgia; and a solar facility at Volkswagen's Chattanooga manufacturing facility in Tennessee. In addition, it operates a regional energy-training center that provides classroom and on-the-job training in solar installation, maintenance, and weatherization activities; and assists clients with project development and financing options. The company was founded in 2010 and is based in Nashville, Tennessee.

150 Third Avenue South

Suite 2000

Nashville, TN 37201

United States

Founded in 2010

Phone:

615-577-4786

Key Executives for Silicon Ranch Corporation

Chief Executive Officer and President
Vice President of Finance and Strategy
Vice Chairman and Chief Operating Officer
Vice Chairman and Executive Vice President
Co-Head of Greystone Infrastructure and Executive Director
Compensation as of Fiscal Year 2015.

Silicon Ranch Corporation Key Developments

Silicon Ranch to Begin Construction on Large-Scale Solar Field

Silicon Ranch Corporation and Green Power EMC announced that construction is set to begin on Silicon Ranch's 20MWAC project in southeast Georgia. Silicon Ranch has selected Phoenix Solar to construct the ground-mounted solar project near Hazlehurst, Ga., in Jeff Davis County. Once completed, it will be one of the largest solar generating facilities in Georgia, occupying approximately 135 acres and incorporating over 89,000 solar modules. Furthermore, the facility will generate more than 43,000,000 kilowatt hours of clean, renewable electricity annually. That amount of clean energy offsets nearly 30,000 metric tons of greenhouse gas emissions, equivalent to the annual CO2 emissions from burning nearly 32,000,000 pounds of coal or, put another way, the emissions from more than 6,000 passenger cars. Phoenix Solar plans to secure local subcontractors and craftsmen to provide some of the on-site work for the 6-month construction project. The solar field's construction is expected to support between 100-200 direct and indirect jobs, with a direct financial impact estimated to exceed $25 million.

Green Power EMC Enters Power Purchase Agreement with Silicon Ranch Corp

Green Power EMC has entered into another power purchase agreement with Silicon Ranch Corp., for the output of a planned 52-MW AC solar array in Georgia. The company agreed to purchase all the energy and environmental attributes of the solar array for a 30-year period. The solar array is scheduled be constructed in Jeff Davis County, Ga., in late 2015, with commissioning in the fall of 2016. Green Power previously executed a PPA with Silicon Ranch for a 20-MW solar array, which will begin producing electricity in the fall of 2015. The two solar arrays with Silicon Ranch will more than triple Green Power's total renewable capacity, from 32 MW to about 104 MW.

Aerojet Rocketdyne and Arkansas Electric Cooperative Corporation Sign Agreements with Silicon Ranch Corporation to Deploy Solar Energy in Rural Arkansas

Aerojet Rocketdyne and Arkansas Electric Cooperative Corporation have signed agreements with Silicon Ranch Corporation, which will build and manage what will be the solar field in Arkansas. The 12-megawatt project will be constructed in Highland Industrial Park, located in the city of East Camden, and will occupy approximately 100 acres. It will serve to provide predictable energy costs as well as contribute to ongoing clean energy development and economic growth in the region. Under its agreement, Aerojet Rocketdyne will purchase solar power for the 1,200-acre site it leases in East Camden. Silicon Ranch Corporation is expected to complete the project in late 2015. Once completed, the plant will provide clean supplemental daytime power to Aerojet Rocketdyne and will be capable of generating enough electricity to power the equivalent of 2,400 single-family homes. Excess solar energy will be released to AECC and integrated into the cooperative's diverse generation portfolio.

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