SPower

The lawsuit, which sought to set aside a letter of intent between the town and Luminati Aerospace, became moot when the defendants conceded the letter of intent is no longer valid, according to the attorney for sPower. The town is free to entertain better offers than the current $40 million bid.

sPower, which announced last month it would seek to purchase land at the Calverton Enterprise Park for a massive solar energy installation, has brought a lawsuit to block the proposed sale of 1,643 acres to Calverton Aviation and Technology LLC, a joint venture between Luminati Aerospace LLC and Triple Five Real Estate I LLC.

“We are here to bid for the property. We are prepared to pay substantially more money for the property." The largest private solar power generation company in the U.S. says it wants to buy the town's 1,600-plus acres at the Calverton Enterprise Park to build a massive solar facility.