Treaty Oak Clean Energy broke ground on a project that will soon add 100 MW of solar energy to the Arkansas grid.
All of the Redfield Solar Project’s energy generated will go to a single offtaker, which purchased the power through a long-term power purchase agreement (PPA). Treaty Oak said the offtaker is a major tech company, but has not specified which company.
Many of the project’s components were sourced from the United States. The project’s modules were made at Jinko Solar’s Jacksonville, Florida facility. uses Nextracker NX Horizon-XTR terrain-following tracker systems, which use steel sourced from U.S. Steel’s Big River Steel Mill, located in Osceola, Arkansas. The project’s connectors and harnesses are from Premier PV, another Arkansas company located in Crossett.
Located in a remote area of southeastern Grant County, the project will span across 1,033 acres of acres of land that used to be a timber site.
Pierre Dubois, Treaty Oak’s manager of government and external affairs told pv magazine USA that “timber has really nice tax exemptions in the Southern area, so the revenue that goes to the parish is relatively small.” As a result, Dubois said the timber site only generated a couple thousand dollars a year of tax revenue for the local area.
However, now that a solar facility will occupy the land instead of a timber site, the local finances will soon look a lot different. Whereas the the acres were producing less than $5,000 in annual revenue with the timber site, the solar project will generate approximately $250,000 per year in revenue, he said. Over its 40-year lifespan, the Redfield Solar Project will generate more than $10 million in property tax revenue.
Expected to be completed in Q3 2026, the project will create about 200 construction jobs, which are being offered by Primoris, the company handling the project’s construction. Once operational, the project will provide two to three permanent job positions for ongoing operations and maintenance.
The project uses
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solar modules made by Jinko Solar, which were assembled in Jacksonville from imported components, and
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26 skids of 4,4000 MVA inverters made by Sungrow.
The Redfield Solar Project is being financed with a $123 million package, including a construction-to-term loan, a tax credit bridge loan, and a letter of credit facility, backed by CIBC, Crédit Agricole CIB and ING Capital LLC.
Arkansas, which has 2.77 GW of solar installed across the state, is ranked 20th in the United States for solar capacity, according to Solar Energy Industries Association (SEIA). SEIA projects Arkansas will add another 2.7 GW of solar capacity over the next five years.
Treaty Oak donated $100,000 to support the renovation of the Grant County Library.
Headquartered in Austin, Texas, Treaty Oak Clean Energy, is a portfolio company of Macquarie Asset Management, a green asset manager that operates on a stand-alone basis. Treaty Oak develops, builds, and operates clean energy projects in targeted US markets.
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