Broad Street Realty inaugurated a 2.4 MW(dc) rooftop solar project at its Cromwell Shopping Center in Glen Burnie, Maryland. The 233,000 square foot shopping center anchored by an AutoZone mega hub and a Roses is hosting the solar project, which produces enough electricity to power over 1,000 homes in BG&E service territory in Maryland. The ballasted racking system is covered by 4,380 solar panels.
Centennial Generating Company developed the project, which was built by Halo, a solar engineering contractor, and AccelDev served as development capital financing. The project will be owned and operated by Madison Energy Infrastructure.
Michael Jacoby, Broad Street Chairman and CEO: "The net-zero transition requires deep collaboration across value chains. We are excited to be partnering with Centennial and MEI to decarbonize the Cromwell Shopping Center, advancing our goal to reduce emissions throughout Broad Street's portfolio supporting our ESG initiatives."
David John Frenkil, Founder and Managing Principal of Centennial: "Centennial is proud to work with companies like Broad Street that are committed to reducing carbon emissions. The solar project at Cromwell Shopping Center demonstrates how commercial real estate owners can implement solar projects with a clear and measurable benefit to their bottom line while achieving sustainability targets."
Richard Walsh, CEO of Madison: "We're committed to delivering long-term value to our partners and customers with projects like these. They are proof positive of the significant impact on creating grid resilience and affordable clean energy. State incentive programs, when utilized thoughtfully by landlords like Broad Street and executed by developers like Centennial, can accelerate both community benefits and the national clean energy transition. We're proud to contribute to this progress."
The solar project at the Cromwell Shopping Center is one example of Broad Street's commitment to decarbonize the company's footprint in line with the most advanced technologies.
