National Storage Affiliates Trust (NSA), a real estate group that invests in self-storage properties, plans to partner with Solar Landscape to pursue the installation of solar projects on NSA properties across the country. The groups plan to develop at least 100 MW of solar capacity.
NSA has granted Solar Landscape exclusive rights to evaluate approximately 1,000 NSA properties in 42 states and Puerto Rico for the potential to host community solar.
“We look forward to working with NSA to install community solar projects at their self-storage facilities,” said Shaun Keegan, CEO and co-founder of Solar Landscape. “Community solar is a win-win-win: it reduces the carbon footprint for communities, provides discounted clean energy for residents and creates revenue for property owners.”
Development of the first locations in the partnership has already started. The projects require no capital expenditures from the NSA. Solar Landscape will develop, own and operate the projects and make a monthly lease payment to NSA.
“This is an exciting step toward our corporate responsibility goals and demonstrates our commitment to building a more sustainable future,” said David Cramer, president and CEO of the NSA. “NSA has long been customer and community focused. This partnership will allow us to increase that value by generating clean, discounted energy for the households surrounding our facilities, while also generating value for NSA shareholders.”
News item from Solar Landscape
