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.
Also read
- Blue Moon Solar Wins Financing, Ignites Kentucky's Renewable Energy Momentum
- Primergy Energizes Texas Megasolar Plant, Delivering Carbon-Free Power to Microsoft
- Sunlit Ambitions: LONGi Panels Chosen for New Dominican Solar Boom
- Brazil Adds 521 MW in Distributed Renewables for June
- Sol Systems Secures $675M for Solar Projects in U.S.
