Beckmann's Bakery

In collaboration with ownership, MYNT converted a distressed facility into a solar powered commercial bakery with an energy value-add of $125k per year (~$.25/sqft). CO2 offset of 10k tons.

About the Project

About the Project

About the Project

415kW

415kW

415kW

Solar PV

Solar PV

Solar PV

50,000

50,000

50,000

Square Footage
Square Footage
Square Footage

2021

2021

2021

Year Completed
Year Completed
Year Completed

In 2021, MYNT converted a distressed cold storage facility into a state of the art commercial bakery, powered by renewable energy. By installing a solar array with a net cost of $488K, the team was able to increase the property’s net operating income (NOI) by over $125K per year (equivalent to $2.60/sqft/yr in reduced rent). It was a compelling investment strategy for the owner, yielding an internal rate of return (IRR) of 20% and a simple payback period of 4 years — well within the term of the lease. Additionally, the renewable energy project secured a long term tenant by reducing their operating costs and furthering their corporate mission of sustainability. The system offsets approximately 1 million pounds of GHG emissions annually.