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SIX FLAGS ENT CORP NEW
Symbol U : SIX
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Six Flags Great Adventure Now Powered by Solar Energy

2019-06-12 06:01 ET - News Release

World’s Ultimate Thrill Park Takes Giant Leap Toward Reducing Its Carbon Footprint While Adding Jobs


JACKSON, N.J. -- (Business Wire)

Six Flags Great Adventure and its partner KDC Solar today announced that the 23.5-megawatt solar project built and operated by KDC Solar is complete and the World’s Ultimate Thrill Park is now almost fully-powered by solar energy. The project ranks as New Jersey’s largest net metered solar project and distinguishes Six Flags Great Adventure as one of the world’s first solar-powered theme parks.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190612005011/en/

“This is a thrilling 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. “Clean energy is right for the environment and our future, and we look forward to decades of environmental stewardship with our partner, KDC Solar.”

Key features of the solar project include:

  • 11 MW of solar carports over three sprawling parking lots;
  • 12.5 MW on 40 acres of ground-mounted solar panels;
  • Net metering system that allows Six Flags to generate its own clean energy and export power into the grid to serve nearby homes and businesses;
  • Dramatic reduction of the park’s reliance on harmful fossil fuels;
  • Preservation of more than 200 acres of forest, wetlands and wetlands transition areas; and
  • Utilization of more than 99,000 hours of union labor by KDC Solar in constructing this project.

As conservationists for 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. In addition, it has been converting to recycled furniture products, such as tables and park benches comprised of recycled plastic. 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.

“We are continually searching for new ways to operate more efficiently and enhance our role as good stewards of the environment,” Winkler said.

“Six Flags demonstrated its unwavering commitment to clean, solar power by its steadfast partnership with us throughout this process,” said President and CEO of KDC Solar Alan Epstein. “This groundbreaking project perfectly aligns with both Governor Murphy and the New Jersey Senate and Assembly’s support of renewable solar energy. We look forward to a long, continued partnership with Six Flags Great Adventure.”

About Six Flags Entertainment Corporation

Six Flags Entertainment Corporation is the world’s largest regional theme park company and the largest operator of waterparks in North America, with $1.5 billion in revenue and 26 parks across the United States, Mexico and Canada. For 58 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.

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Contacts:

Media Contacts:
Kristin Fitzgerald, kfitzgerald@sftp.com
732/928-2000 x2832

Megan Werts, mwerts@sftp.com
732/928-2000 x2831

Source: Six Flags Great Adventure

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