Mortenson Construction to build 2.4 MW Solar Project in Laurinburg, North Carolina

Minneapolis, MN - Mortenson Construction today announced their selection as EPC contractor by San Francisco-based MP2 Capital, a leading developer, financier and operator of solar facilities throughout North America, to construct the largest photovoltaic (PV) solar array to be built in Scotland County.

Located on a 12 acre site in the Sandhills region, the 2.4 megawatt (MW) system is expected to generate approximately 3.5 million kilowatt hours (kWhs) of clean electricity on an annual basis - the equivalent of electricity usage for approximately 600 homes.

As EPC contractor Mortenson will provide design and engineering services as well as install all project components, which will include Trina multicrystalline modules, Northern States Metal Solar FlexRack racking systems, and SMA inverters. Construction crews will break ground in January and expect to complete the project by the end of April 2012.

"We are delighted to partner with MP2 Capital for the first time and applaud their commitment to further expand renewable energy throughout the region," said Mark Donahue, a vice president and general manager of Mortenson's Renewable Energy Groups.

“The Mortenson team is world class and we look forward to working with them on this exciting project,” said Mark Lerdal, chief executive officer of MP2 Capital.

North Carolina is one of the first states in the southeast to establish a Renewable Energy and Efficiency Portfolio Standard and is currently ranked 9th in country for solar power generation.

About MP2 Capital, LLC
Founded in 2006 to satisfy the growing demand for renewable energy resources, MP2 Capital develops, finances, and operates solar projects throughout North America — selling the electricity produced to commercial, government, and utility customers under Power Purchase Agreements and Feed-in Tariffs. Based in San Francisco, MP2 Capital owns and operates solar&generating assets across North America, allowing our diverse array of customers to enjoy reliable, economical electricity without up-front or ongoing operating expenses, and project investors to enjoy attractive, risk-adjusted returns. MP2 Capital is dedicated to working with partners to enable the rapid and efficient development of solar energy throughout North America. Learn more at www.mp2capital.com.