Press Release - Brookhaven IDA Closes on Solar Power Farm at Holtsville Ecology Center

10/03/24

BROOKHAVEN INDUSTRIAL DEVELOPMENT AGENCY CLOSES ON SOLAR POWER FARM AT HOLTSVILLE ECOLOGY CENTER

FARMINGVILLE, NY (October 3, 2024) – Frederick C. Braun III, Chairman of the Town of Brookhaven Industrial Development Agency (IDA) announced that the agency has closed on an agreement to provide economic development incentives for a $2 million solar farm at the Holtsville Ecology Center.

The closing took place on September 20, 2024.

The benefits, approved by the IDA at its March 26, 2024 meeting, will assist a partnership in building a 1.5-megawatt solar generating facility on 3.5 acres at 249 Buckley Road, Holtsville. The renewable plant will be connected to PSEG’s Long Island grid. The land will be leased to the operator by the Town of Brookhaven. The partners are Coast Energy, of El Segundo, CA, and Daniel Prokopy’s i.on renewables, LLC of White Plains. This is the second solar project that Coast Energy will build on Town of Brookhaven property. The first project, which Coast Energy acquired in 2022, is an 8.6 megawatt facility currently under construction on top of the capped Town of Brookhaven landfill. Kip Perry, Coast Energy’s Chief Development Officer, had this to say about this second project:

“We couldn’t be more pleased to be collaborating with the IDA/Town of Brookhaven and I.On Renewables on a second project. The Holtsville solar site once again demonstrates how we successfully collaborate with solar development partners like Daniel Prokopy at I.On Renewables and help leverage and support their project development efforts with our development capital facility that can fund pre-NTP activities. It is great to see this in action once again, and the resulting benefit to the community speaks volumes about the importance of collaborative relationships. Coast looks forward to the completion of another successful project with our partner while continuing to support additional development in the region.”

The partners will use the Holtsville Ecology Center facility to provide additional solar-generated energy to the residents of the Town, including a portion at reduced rates, and feed into the PSEG Long Island grid.

“This project will convert a dormant tract of land into a value-added site for the community that delivers affordable electricity to Brookhaven residents,” Braun said. “The IDA and the Town of Brookhaven have long been leaders in bringing renewable energy to Long Island.”

About the Town of Brookhaven Industrial Development Agency

Since 1970, the mission of the Town of Brookhaven Industrial Development Agency is to improve the quality of life for Brookhaven residents by promoting and assisting the growth of businesses that support the Town through capital investment and the creation and retention of jobs. The IDA has issued millions of dollars in tax-exempt or taxable bonds and provided assistance through straight lease deals to encourage companies to either locate or expand in the Town of Brookhaven. This assistance has been extended to companies both large and small and has resulted in the direct creation of thousands of jobs for Brookhaven residents. The IDA has assisted a wide range of companies, including Shoreham Energy LLC, Burmax, Intercounty Appliance, Suffolk Transportation, Tate’s Holding Co. and D&F Patchogue. For more information, visit BrookhavenIDA.org or call 631-406-4244.

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