Yellowbud Community Fund part of National Grid
Renewables' 274 MW Yellowbud Solar Project
MINNEAPOLIS, Sept. 29,
2022 /PRNewswire/ -- Today, National Grid Renewables
announced its pledge to donate over $1
million to the Ohio
communities of Ross and
Pickaway Counties through its 274
megawatt (MW) Yellowbud Solar Project (Yellowbud or the project).
Yellowbud will support the Yellowbud Community Fund via annual
donations of approximately $54,800
over a twenty-year period and will work with The Chillicothe-Ross
Community Foundation (CRCF), a local nonprofit organization, to
distribute the funds.
"We are thrilled to partner with Yellowbud Solar to enhance the
quality of life in the Ross and
Pickaway communities," stated
Scott Graham, Executive Director for
CRCF. "It's not just power that Yellowbud Solar provides; the
Yellowbud Community Fund will annually support nonprofit
organizations and schools operating in Ross and Pickaway Counties."
As part of its community-focused and farmer-friendly foundation,
National Grid Renewables initiates charitable funds for each of its
owned and operational large scale renewable energy projects. The
purpose of these charitable funds is to engage in, assist, and
contribute money to charitable and/or community activities and
opportunities within the project communities. The gifts donated by
the charitable funds are above and beyond any tax revenue delivered
by National Grid Renewables' projects.
The Yellowbud Community Fund donations are available via grant
application for schools, government agencies, and charitable
501(c)3 organizations located in Ross and Pickaway Counties. CRCF
will facilitate and manage the grant application process on behalf
of Yellowbud. The Yellowbud Community Fund will gift its first
donation from Yellowbud approximately one year after the project
reaches commercial operation. Yellowbud, which is currently under
construction, is anticipated to begin operation in 2023 and
intends to make its first annual donation in 2024.
"Giving back to our project communities is core to our business
values, and we are excited to be able to support the community
members in Ross and Pickaway Counties through the Yellowbud
Community Fund," stated Blake Nixon,
President, National Grid Renewables. "With the Yellowbud Community
Fund, National Grid Renewables has now pledged over $8 million in charitable funding."
About National Grid
Renewables
National Grid Renewables, part of the National Grid Ventures
division of National Grid (NYSE: NGG), develops, owns, and operates
large-scale renewable energy assets across the United States, including solar, wind, and
energy storage. As a farmer-friendly and community-focused
business, National Grid Renewables seeks to repower America's
electricity grid by reigniting local economies and reinvesting in a
sustainable, clean energy future. National Grid Renewables supports
National Grid's vision of being at the heart of a clean, fair, and
affordable energy future for all. To learn more about National Grid
Renewables, visit www.nationalgridrenewables.com or follow the
company on Twitter or LinkedIn.
Contact: National Grid Renewables
press@nationalgridrenewables.com
612.429.7050
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SOURCE National Grid Renewables