BOSTON, Oct. 4, 2017 - True Green Capital Management has purchased MAP Energy Solutions’ 37-megawatt (MW) carport and ground-mount solar energy portfolio. The solar power is to be generated from panels placed on commuter rail parking lots throughout the Greater Boston area. MAP has agreed to develop and build the projects with True Green’s long-term financing. True Green will own, operate and maintain the projects under a 22-year master lease with the Massachusetts Bay Transit Authority (MBTA). “We are extremely proud as a business to be able to contribute towards a more sustainable future as we strive to bring about a new era of clean, renewable technology,” said Paul Wheeler, CEO and founder of MAP. The project is estimated to reduce carbon dioxide emissions by more than 33,000 tons. Construction is slated to begin before the end of the year. The project is expected to be operational by late 2018.
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