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Nautilus Makes Headway in Maine’s Versant Utility Territory with Acquisition of 7.6MW Community Solar Portfolio
Summit, New Jersey (November 16, 2022) – Nautilus Solar Energy®, LLC (“Nautilus”), on behalf of its affiliate Nautilus US Power Holdco, LLC (“NUPH”), announces the acquisition of a 7.6MW community solar portfolio of two projects in Maine from National Renewable Solutions, LLC (“NRS”), a renewable energy company. Located in Presque Isle, Aroostook County, the projects are in the late stage of development and are expected to reach operation by third quarter of 2023. Once completed, the community solar projects will provide an alternative energy option to the City of Presque Isle and other commercial off-takers within Versant Power’s Maine Public District utility territory....
Nautilus And Cipriani Forge Partnership With The Acquisition Of Two Community Solar Portfolios In New York
Summit, New Jersey (September 19, 2022) – Nautilus Solar Energy, LLC (“Nautilus”), on behalf of its affiliate Nautilus US Power Holdco, LLC, announces the acquisition of two community solar portfolios in New York from Cipriani Energy Group Corporation (“Cipriani”), an international developer of renewable energy project. The two companies will co-develop eight community solar projects, totaling 25 MW....