Nautilus Solar shuts financing for 75-MW United States project portfolio
Apr 22, 2021 05:34 PM ET
- Nautilus Solar Energy LLC today introduced it has closed tax obligation equity financing in the amount of USD 110 million (EUR 91m) for a solar portfolio with a capacity of about 75 MW in direct present (DC).
The funding was offered by Credit Suisse (SWX: CSGN) and is the second time the company companions with the Swiss financial investment financial institution after closing a USD-95-million transaction for a 55-MW portfolio in November 2020.
The current funding is for a portfolio that includes 22 area solar projects in Colorado, Maryland, Minnesota, New York and Rhode Island, which are expected to be appointed this year as well as early next year.
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