星期五, 6月 18, 2021
Home PV Project Nautilus Solar Energy financing 14-project solar portfolio in several states

Nautilus Solar Energy financing 14-project solar portfolio in several states

Nautilus Solar Energy, a North American owner-operator of distributed generation and community solar projects, has closed a $95 million tax equity financing commitment with an affiliate of Credit Suisse.
The credit facility will provide competitive long-term financing for fourteen community solar projects across Rhode Island, Maryland, New York and Minnesota. The amounting to approximately 55 MWdc of nameplate capacity. All projects in the portfolio are expected to be placed in service in 2020.
“Nautilus is delighted to have worked with Credit Suisse on this innovative financing. We look forward to growing our business relationship in the future,” said Laura E. Stern, co-CEO of Nautilus. “Such collaboration supports Nautilus’s sustainable growth model and further expansion into existing and emerging community solar markets. Credit Suisse’s flexibility and creativity in structuring this transaction demonstrates its clear leadership in supporting emerging areas of solar financing.”
This transaction is the first community solar portfolio financing for Credit Suisse. Marathon Capital acted as exclusive financial advisor to Nautilus on the transaction.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Haryana Floats Tender for LED-Based Solar Home Systems

The Haryana Renewable Energy Development Agency (HAREDA) has invited bids for the supply, installation, and commissioning of 11,241 solar home systems for Anganwadi centers...

Bharat Petroleum Invites Bids for 15 MW of Open Access Renewable Power

Bharat Petroleum has invited bids to procure 15 MW of solar and non-solar renewable power on a short-term open access basis for its refinery...

Railways Tenders for 740 MW of Solar Projects

The Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES, has invited bids for setting up a 740...

MSEDCL Asked Not to Levy Additional Surcharge for a Captive Open Access Solar Project

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, asked Exide Industries not to pay any additional surcharge for captive power consumption and...