Cold Creek Solar Park Completion Brings Financial Benefits to Branch County, MI
BRANCH COUNTY, MI – DTE Energy has officially completed the construction of the $194 million, 100-megawatt Cold Creek Solar Park on Fremont Road. This project promises significant financial advantages for the community.
Economic Impact:
- The solar park spans Coldwater, Quincy, and Butler townships, generating millions in new tax revenue throughout its 25-year lifespan.
- This revenue will support essential public infrastructure, schools, roads, and first responders.
Community Benefits:
- Quincy Township has approved a 20-year community benefit agreement that allocates $98,000 annually for public projects, alongside standard payment in lieu of taxes (PILT) revenues of $7,000 per megawatt.
Clean Energy Milestone:
- DTE Energy President and COO Matt Paul stated that the Cold Creek Solar Park represents a collaborative effort to boost Michigan’s clean energy future.
- The project marks a significant milestone for Ford Motor Company, which financed its development through DTE’s CleanVision MIGreenPower initiative. Ford’s agreement aims for a purchase of up to 650 megawatts of renewable energy.
Future Goals:
- With the Cold Creek facility operational, both DTE and Ford anticipate that by the end of 2027, all Ford vehicles manufactured in Michigan will use 100% carbon-free electricity.
This development is a step toward sustainable energy and economic growth in the region.
