Friday, May 13, 2022

Bank OZK completes solar panel plant

Bank OZK in Little Rock, Ark., has finished construction of a 4.8-megawatt solar power plant in Stuttgart, Ark. 

The $26.6 billion-asset bank said in a press release that the 11,265-panel plant should produce enough electricity to power its corporate headquarters and up to 40 branches in central Arkansas. 

Bank OZK did not disclose the costs associated with the plant. 

“Our solar power plant is fully operational,” Tim Hicks, the bank’s chief credit and administrative officer, said in the release.

“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,” Hicks added.

Scenic Hill Solar managed the project's construction.

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