ARC Renewables Seeks Solar Partner in New Mexico

ROSWELL, NEW MEXICO, - August 25, 2008 : – ARC Renewables, LLC, announced today that it is seeking a solar development partner for approximately 700 acres of land it purchased in Southwest New Mexico. "As green field developers we identify and analyze renewable energy opportunities; then, partner with best in class companies for joint completion of development and construction tasks,” said Rich Moretz, COO of ARC Renewables. “There are multiple renewable RFP's out for bid in New Mexico and our site has all the resources – strong solar, on site transmission lines and flat land. We are open to any partnership structure that benefits both the partners and power consumers in New Mexico,” he added. “We have made a significant investment in New Mexico, and as property owners, we will be certain that our neighbors within the community are treated fairly and equitably.” The type of solar technology used for the project will be jointly selected by ARC Renewables and its new partner. The new solar facility is scheduled to be in operation within 24 to 48 months.

Press Contact:

Richard Moretz
ARC Renewables, LLC
(843) 851-2505

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ARC Renewables
131 Jupiter Lane
Summerville, SC 29483

Phone: 843 851-2505

Press Contact: Rich Moretz, COO

About ARC Renewables

ARC Renewables is a green field developer of renewable energy projects in the U.S. ARC identifies, analyzes and develops renewable wind and solar projects with an eye toward sustainable profitability and socially responsible community stewardship. From its inception in 2007, ARC has worked to help ranchers, farmers and large landowners realize additional income from their property holdings with minimal interruption to existing land uses.

This release was published on openPR.