STAG Industrial Announces Groundbreaking of its First Two Rooftop Solar Systems in Minnesota

Boston, MA — October 31, 2019 — STAG Industrial, Inc. (the “Company”) (NYSE:STAG), today announced the groundbreaking of its first two rooftop solar systems in Minnesota.

The projects will be community solar host sites, powering homes and businesses across the twin cities and surrounding areas. Black Bear Energy facilitated the project in partnership with STAG. In total, the new projects will result in STAG hosting 1,808 kW of solar on its rooftops, which is the equivalent of powering more than 200 homes each year.

“We are excited to see these solar installations get underway, and once complete, provide new distributed local energy for homeowners and businesses who are unable to host solar themselves. We are committed to strategies that increase both the sustainability and the value of our portfolio, and the implementation of solar provides a great opportunity for us to leverage our square footage and to provide resources for the local community,” said Brian LaMont, Senior Vice President of Construction at STAG.