Central Road Energy is a solar energy development firm. With our partner, Lodestar Energy, our goal is to develop, co-own with community organizations, and operate community solar projects under the Illinois Solar for All Program.
We know Illinois green power.
CRE’s owners have over 50 years of combined experience in the Illinois green power industry, developing over 40 MW of landfill gas to energy in Illinois.
We know solar development.
CRE is partnering with Lodestar, a Connecticut based solar development firm. Lodestar has developed and financed over 45 MW ($100MM) of DG solar projects in New England and owns and operates over 25 MW.
We know the Illinois Solar for All Program.
The Illinois Solar for All Program enacted on June 1, 2017. Its goal is to provide solar energy to low income communities. CRE has been a participating organization in drafting and lobbying in this Program from its beginning.
We know Low Income solar.
Lodestar has over 20 MW of Low Income solar projects in Massachusetts, which is over 25% of the overall market.
We have the financial wherewithal to develop our projects.
Lodestar has deployed $20 million in tax equity and have another $20 million available for new projects in Illinois. Lodestar also has over $40 million deployed in construction and term debt.