Rossville Solar Farm, LLC
Chattanooga, TN 37414, US
Alternative & Renewable Energy
Rossville Solar Farm, LLC is a proposed 1MW Dual Axis Photovoltaic Solar Farm located in the Tennessee Valley Authority (TVA) service area. It is contracted with TVA through a 20 year PPA, take all agreement under the 2014 TVA RSO and SSI renewable energy purchase programs. The company expects to begin construction during the first quarter of 2015, with commissioning in the second quarter of 2015.
Management is seeking $600,000 in tax equity investments, through a qualified tax-flip structure, that returns an estimated 36% internal rate of return, primarily through tax benefits and cash dividends over a five year period. This investment allows U.S. taxpayers to direct their federal taxes to green , renewable Solar Power.
Products / Services
Solar Energy Generation
The company will own and operate a single site 1MW Dual Axis Solar Farm, consisting of approximately 3,330 solar panels mounted on approximately 555 dual axis trackers to maximize energy production. The site is approximately 10 acres of leased land located in the Rossville, Georgia area of Walker County, Georgia.
The company will sell 100% of the energy generated as well as all environmental attributes to the Tennessee Valley Authority (TVA).
Harold B. Danks Jr.
Harold B. Danks Jr. is the developer of these project and other solar energy projects. Mr. Danks and his company affiliates currently own two operating 200kW sites with 20 year PPAs from the Tennessee Valley Authority. Harold B. Danks Jr. is a graduate of the University of Tennessee at Knoxville with a B.A. degree. He received his MBA from the University of Tennessee at Chattanooga. Mr. Danks began his career as a CPA with Decosimo and Company, a large regional firm based in Chattanooga, rising to be a Consultant Manager in the consulting division, which he was instrumental in establishing. In this capacity, he served as a corporate finance and information technology management consultant for numerous clients in a variety of industries on a national and international basis. Clients included manufacturers, financial partnerships, medical device companies, technology companies, agriculture businesses and Major League Baseball teams.
William P. Webber
Mr. William B. Webber Jr. is a member of these projects and other solar energy projects. Bill has over 25 years of commercial real estate development experience in the United States and Europe including the past seven years in the solar industry. His solar experience includes project origination, financial structuring, site selection, PPA and EPC negotiation, ground lease negotiations, entitlement and interconnection approvals and permits on projects range in size from commercial roof projects to utility scale grid tied projects in: PJM, MISO, ERCOT, TVA, PREPA, WAPA and CFE. His commercial real estate development experience includes entitlements, financing, site selection and market analysis. He has extensive experience and connections in working with project origination, development, financing and procurement. Bill has earned a BS in Economics from Northeastern University and an MS in Land Economics and Real Estate (LERE) from Texas A&M University.