Nautilus Solar Energy, on behalf of its affiliate Nautilus US Power Holdco (NUPH), has unveiled a $275 million tax equity partnership with Greenprint Capital. The investment will support around 25 to 30 community solar projects that will deliver over 130 MW of clean energy across the states of Maryland, New York, Rhode Island, and Delaware.
NUPH is the long-term owner of the projects. It will oversee construction, financing, maintaining long-term performance, and acquiring and managing customer subscriptions through its proprietary community solar subscriber management and acquisition platform.
The projects are currently under construction and will deliver significant environmental and economic benefits to local communities once operational. Furthermore, the investment is a part of a broader $2.5 billion tax equity joint venture between Greenprint Capital and funds managed by AB CarVal.
Nautilus Solar Energy is a US based community solar company that provides clean energy to residential and commercial customers in local communities. It operates and manages solar farms in 10 states and is responsible for financing, development, maintenance, and customer service for the lifetime of the project.
