About Six Flags Entertainment CorporationSix Flags Entertainment Corporation is the world's largest regional theme park company with $1.3 billion in revenue and 20 parks across the United States, Mexico and Canada. For 56 years, Six Flags has entertained millions of families with world-class coasters, themed rides, thrilling water parks and unique attractions. For more information, visit www.sixflags.com. KDC Solar LLC KDC Solar supplies commercial, industrials and governments with significantly lower long-term electric costs through solar power. KDC Solar is supported by an allocation of $225 million in equity from Diamond Castle Holdings, a New York-based private equity fund with more than $1.8 billion of committed capital under management. KDC Solar is committed to using clean solar energy to provide economic stimulus and jobs. It currently owns and operates more than 76 megawatts of solar facilities at 15 different locations and is constructing and permitting 42 megawatts of solar projects at businesses and institutions throughout New Jersey. For more information, visit www.kdcsolar.com.
Six Flags Great Adventure and its partner KDC Solar today announced that construction will begin soon to make the New Jersey property the world's first solar-powered theme park. "This is a proud day for our company. This project represents a giant step toward becoming a net-zero carbon facility," said Six Flags Great Adventure Park President John Winkler. "We are pleased that we were able to come to a satisfactory agreement with all parties involved. Clean energy is right for the environment and our future, and we look forward to decades of environmental stewardship with our partner, KDC Solar." The 23.5-megawatt solar project will include solar carports over select parking lots and 40 acres of ground-mounted solar panels. Six Flags expects construction to begin by March and for the solar facility to be fully operational by the end of 2019. In addition to the production of clean energy and helping to limit the park's reliance on harmful fossil fuels, KDC Solar will use more than 99,000 hours of union labor in constructing this project. As conservationists for nearly 45 years, Six Flags Great Adventure has cared for more than 70 different species of animals, including some that are endangered and even extinct in the wild. The Jackson theme park recycles more than 60 percent of its annual waste, including manure, paper, plastic, wood and mixed garbage. The theme park eliminated the use of paper towels in favor of energy-efficient hand dryers, and is firmly committed to other energy-saving programs. In addition, Six Flags will preserve more than 200 acres of forest, wetlands and wetlands transition areas. "We are continually searching for new ways to operate more efficiently and enhance our role as good stewards of the environment," Winkler said. "We are pleased to move forward with this groundbreaking solar project. Six Flags has been a patient and cooperative partner throughout this process, and we look forward to delivering clean renewable electricity to Six Flags. Once operational, this project will be the largest net metered solar project in the State of New Jersey and very much in line with Governor Murphy's pledge to support renewable energy," said Alan Epstein, President and CEO of KDC Solar.