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Sea Oak Capital and Stratton Mountain Partner on Wallingford Solar Array

NEWS PROVIDED BY
Stratton Mountain Resort
November 11, 2021, 9:00 AM ET

Stratton Mountain Resort (Stratton) has entered a power purchase agreement to be the recipient of solar energy produced by Sea Oak Capital’s 500 kilowatt AC solar array in Wallingford, Vermont. Located 40 miles north of Stratton Mountain, the newly completed solar array has the ability to generate approximately 1,000,000 kilowatt hours annually. This places Stratton Mountain among the leaders of Vermont ski areas in regard to solar energy production in the state.

 

How much energy is 1,000,000 kilowatt hours? Annually, 1,000,000 kilowatt hours are enough energy to power the entire Sun Bowl Area, the Welcome Center, all retail and dining locations in the Stratton Village, the Stratton Training and Fitness Center, and the Child Care Center, with some additional kilowatt hours to spare.

 

The power purchase agreement is another step in Stratton Mountain’s commitment to increase the resort’s overall renewable energy mix. Currently, the resort as a whole is powered by 64% renewable energy, defined as wind & solar energy in Vermont, and the overall energy mix produced is 94% carbon free. The solar production from this new array began in July 2021

 

“At Stratton we are excited about this long-term partnership with Sea Oak as it represents continued action in our ongoing commitment to environmental responsibility; a key strategic initiative for not only Stratton, but also Alterra Mountain Company, and our industry as a whole. Partnerships and investments like this one help not only an individual organization meet its sustainability goals, but also provide opportunities for the local region to improve its environmental footprint” says Bill Nupp, Stratton Mountain Resort’s President.

 

“We look forward to our long-term partnership with Stratton Mountain Resort and congratulate them on their commitment to environmental responsibility and sustainability,” says Dan Poydenis, Chief Executive Officer of Sea Oak Capital. “The Wallingford solar project is our seventh Vermont solar project in the last twelve months, and further demonstrates our commitment to assisting the state and local businesses in achieving their renewable energy goals.”

 

This power purchase agreement shows Stratton’s commitment to being a leader in efficiency and sustainability in the ski industry and support of the further integration of renewable energy into the Vermont state power grid. “We are committed to a role of environmental leadership across all areas of business. It is a priority and responsibility of Stratton to be stewards of the natural environment in which we live, work, and play by incorporating a sustainable point of view into every business decision” says Stratton Mountain Resort’s Sustainability Manager, Connor O’Sullivan.

 

About Sea Oak Capital
Sea Oak Capital is an impact investment fund that owns and operates community solar arrays in the Northeast with operations across the country. As a fully integrated independent power producer with internal staff responsible for all aspects of solar asset management, operations, and maintenance, Sea Oak Capital is dedicated to expanding the renewable energy economy by providing businesses with access to savings from its community solar arrays. Sea Oak Capital is rapidly expanding its portfolio of solar arrays in Green Mountain Power’s utility territory in Vermont. To learn more about how your business can subscribe to a community solar array please contact John Kluwin at 727-466-8896 or email jkluwin@seaoakcapital.com. 

 

About Stratton Mountain
Located just four hours from New York City and three from Boston, Stratton is a premier
New England mountain destination with 99 trails fanning from the summit of southern Vermont’s highest peak, 95 percent snowmaking coverage, a slope-side Village for shopping and dining plus a range of accommodations. Recognized as the first major resort to welcome snowboarding, Stratton has offered an extraordinary ski experience since 1961, adding year round activities in 1964 with a Geoffrey Cornish designed golf course that played host to six LPGA tournaments. Today, a range of activities, events, adventure challenges and live music make Stratton a popular year-round destination. For more information, visit www.stratton.com.