A popular tourist stop in Waterbury is now mostly powered by the sun.
Cold Hollow Cider couldn't afford the solar project on its own. So, it partnered with GMP, National Life and Green Lantern Capital. They were able to get tax breaks to make the project more cost effective.
"It's something we've wanted to do for years. I wouldn't see the payback in my lifetime if I had to invest in it, so we are very grateful for Green Lantern and our investor group," said Paul Brown, the owner of Cold Hollow Cider.
"It's really exciting and attractive for us because there are compelling economics here," said Tom Brownell of National Life. "This was a true partnership and I think it was really exciting for us to be able to work with other Vermont companies in a partnership to be able to pull this together."
Cold Hollow Cider will now have two-thirds of its energy coming exclusively from the sun.
Thursday, May 23 2013 9:57 AM EDT2013-05-23 13:57:59 GMT
Four colleges, including Dartmouth, are now facing federal complaints over their handling of rape allegations. Other colleges facing complaints include Swarthmore College, University of Southern California,More >>
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Thursday, May 23 2013 10:02 AM EDT2013-05-23 14:02:01 GMT
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Thursday, May 23 2013 10:07 AM EDT2013-05-23 14:07:20 GMT
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Thursday, May 23 2013 10:09 AM EDT2013-05-23 14:09:44 GMT
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