Utah solar firm buys 109 acres in Calverton for $14M

New York /
Dec.December 03, 2018 01:47 PM

Salt Lake City-based solar energy company sPower has closed on its deal to buy 109 acres in Calverton for $14 million, Long Island Business News reported. The former sod farm is the first phase of sPower’s 36-megawatt installation on the site. The company is in the middle of assembling 290 acres in the area to create the largest solar installation in New York. The project, which hopes to produce electricity for 8,500 homes, began in 2012 when the Long Island Power Authority sent out an request for proposals to make solar energy more accessible. Marie Zere, president and CEO of Ronkonkoma-based Zere Real Estate Services, represented both the buyer and seller in the sale. [LIBN]


Related Articles

arrow_forward_ios
Photo Illustration of Urban Edge CEO Jeff Olson and Sunrise Mall in Massapequa, NY. (Getty, Urban Edge)

Unibail-Rodamco-Westfield sells Long Island mall for $29.7M

Unibail-Rodamco-Westfield sells Long Island mall for $29.7M
Nassau Coliseum and Nick Mastroianni (Getty)

Nassau Coliseum leaseholder Nick Mastroianni touts “pent-up demand” for events, but boost may be temporary

Nassau Coliseum leaseholder Nick Mastroianni touts “pent-up demand” for events, but boost may be temporary
TRD’s favorites wines, spirits and non-alcoholic beverages. (Getty, Amazon,

These nine drinks will help you toast the new year

These nine drinks will help you toast the new year
Nassau County residents impacted financially by the pandemic will be eligible for rent relief (Getty)

Nassau County offers $6 million in rent relief

Nassau County offers $6 million in rent relief
Suburban condos get competitive

Suburban condos get competitive

Suburban condos get competitive
23 Ezekillis Hollow in Sag Harbor (Photos courtesy of Compass)

Year’s most expensive home in Sag Harbor sold for $15M

Year’s most expensive home in Sag Harbor sold for $15M
Mahnaz Zahedi pictured with her parents in 1962 (inset) and  444 E Alexander Palm Road (Getty, Zillow)

Hotelier buys waterfront Boca Raton home for $6M

Hotelier buys waterfront Boca Raton home for $6M
Long Island is aiming to keep the business it grabbed from the city during the pandemic, and it now knows how. (iStock)

Long Island plots to keep its pandemic gains from NYC

Long Island plots to keep its pandemic gains from NYC
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...