STAG Industrial Announces New Solar Systems in Illinois and Massachusetts

Initiatives and developments in solar energy in Illinois, such as efforts to expand solar capacity and promote renewable energy adoption in the state.

Boston, MA – November 12, 2020 – STAG Industrial, Inc. (the “Company”) (NYSE:STAG) today announced the groundbreaking of its first onsite solar installation in Illinois, and its fifth solar installation in Massachusetts. The projects are part of community solar programs and will provide low-cost renewable energy to local homes and businesses. Facilitated by Black Bear Energy in partnership with STAG, and developed by Green Street Power Partners (“GSPP”), these systems have an aggregate capacity of 3.5 MW and will generate over 4.4 million kWh of electricity annually – the equivalent of powering nearly 361 homes with solar. With the addition of these sites, STAG now hosts over 13.5 MW of solar nationally.

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