C2 Energy Capital LLC, a rapidly growing investor in renewable energy and storage assets, announced that Land O'Lakes Inc. has subscribed to three of its completed community solar garden projects near the farmer-owned agricultural cooperative's Minnesota headquarters. Land O'Lakes is a subscriber to the clean power generated by the community solar gardens owned and operated by C2 Energy Capital near Woodbury, Minn.
"Land O'Lakes' stewardship efforts supporting farmers, ag retailers and food companies is impressive. We are pleased to work with an organization that holds our same values for quality and is creating a win-win situation for its members and the environment," C2 Energy Capital co-founder and managing member Candice Michalowicz said.
The community solar projects total more than four megawatts in size and are installed with SolarEdge inverter technology known for maximizing project energy yields and delivering the most advanced safety for rapid shutdown. The site's solar energy production is anticipated to produce more than 2 million kWh per year, the equivalent of offsetting 1,537 metric tons of greenhouse gas emissions annually, or the amount of carbon sequestered by 1,847 acres of forests in one year.
As one of the largest farmer-owned agriculture cooperatives in the U.S., Land O'Lakes launched its sustainability solutions business unit, Truterra, in 2016 to advance and connect its stewardship efforts throughout the food system with scale.
Bryan Crane, senior manager of commodity and energy risk at Land O'Lakes, said, "Within the farming community, our stewardship is defined by continuous improvement of the air, soil, water and safeguarding of our natural resources for generations. We have seen firsthand that C2 Energy Capital shares that same kind of continuous commitment to the construction, maintenance and operations of their solar farms, and we are confident we are in good hands for decades to come."
C2 Energy Capital's renewable energy project portfolio includes more than 120 operating projects that span 16 states, including landfill solar, distributed generation, commercial and industrial, large-scale and community solar projects. With deep solar project financing and development knowledge, C2 Energy Capital brings a successful track record of decades of project acquisition, development and completion.