As a part of its sustainable energy initiatives, Bank OZK has completed development of its not too long ago introduced 4.8 MW solar power plant in Stuttgart, Ark.
The 11,265-panel array will produce sufficient electrical energy to power the financial institution’s new company headquarters in Little Rock and as much as 40 Bank OZK places all through central Arkansas. Currently, it’s among the many state’s largest industrial solar amenities devoted to a non-public sector buyer.
“After several months of construction, Bank OZK is pleased to announce that our solar power plant is fully operational,” says Tim Hicks, chief credit score and administrative officer. “By shrinking our carbon footprint and offsetting our electricity usage, Bank OZK continues its commitment to the environment with this new source of clean and sustainable energy. The solar plant is another great example of how Bank OZK is a leader in the financial services sector.”
This solar panel array is anticipated to considerably shrink the financial institution’s carbon footprint by an estimated 160,000 tons of carbon dioxide over the subsequent 30 years, equal to the emissions of over 390 million passenger automobile miles.
Scenic Hill Solar LLC, of Little Rock, Ark., managed development of the solar power undertaking for the financial institution.