DENVER, CO (September 5, 2024) TurningPoint Energy (TPE) and Nautilus Solar Energy® (Nautilus) today
announced their latest partnership in expanding renewable energy with 21 MW across three community
solar projects in Illinois. Since 2019, the companies have collaborated on 19 large-scale and community
solar projects totaling more than 129.2 MW across Illinois, Delaware, Maine, and Rhode Island. This is
the second community solar portfolio the companies have partnered on in Illinois.
Scheduled for completion in 2025, the community solar projects were developed by TPE and are located
in Will and Henry Counties. Nautilus is the long-term owner and will oversee construction, maintain the
projects’ long-term performance, and acquire and manage customer subscriptions.
This portfolio is yet another demonstration of TPE’s commitment to invest over $500MM in the Illinois
Community Solar market. All three projects will contribute to Illinois’ renewable energy goal of 40% by
2030 and 50% by 2040.
"We are pleased to partner with Nautilus to bring over 50 MW in clean, renewable energy to Illinois,”
said Salar Naini, president of TurningPoint Energy. “This portfolio exemplifies both TPE’s and Nautilus’
commitment to expanding access to community solar, and to our continued commitment to support
Illinois’ renewable energy goals.”
"Our ongoing partnership with TurningPoint Energy reflects our shared commitment to expanding
access to clean, affordable energy across Illinois and beyond," said Eric Paul, Vice President of Partner
Development at Nautilus Solar Energy. "Our growing footprint in Illinois is a testament to the strength of
our collaboration and the critical role that strong relationships play in driving meaningful progress in the
community solar sector. By working closely together, we’re not only bringing clean energy to more
residents and businesses but also reinforcing our commitment to sustainable growth in Illinois and
beyond."
The portfolio of projects will enable ComEd customers to save on their electric bills while supporting the
expansion of renewable energy and Illinois’ ambitious clean energy goals. Moreover, the projects will
create construction and ongoing operational jobs along with collaboration and investment into local
Illinois businesses on legal, permitting, engineering, construction, and related activities to support these
developments.
In addition, area residents will benefit from TPE’s longstanding commitment to charitable investment in
the communities where the company develops projects. For this portfolio, TPE has designated $35,000
in planned donations to local Will and Henry County organizations, matched 100% by Nautilus for a
combined $70,000 in community investment on this transaction alone.
About Nautilus Solar Energy
Nautilus Solar Energy®, LLC is a leading community solar company, providing clean energy to residential
and commercial customers in local communities. Nautilus operates and manages solar farms in 10 states
and is responsible for financing, development, maintenance, and customer service for the lifetime of the
project. Founded in 2006, Nautilus has helped shape the future of solar to provide an equitable and
affordable renewable energy choice for all. Nautilus is owned by Power Sustainable, a wholly-owned
subsidiary of Power Corporation of Canada. Power Sustainable is a multi-platform alternative asset
manager with a long-term investment approach focused on sustainable strategies. For more information
on Nautilus Solar Energy visit nautilussolar.com. Join Nautilus on LinkedIn, Facebook, Instagram, and
Twitter.
About TurningPoint Energy
TurningPoint Energy is a privately held clean energy development, advisory, and investment company
with over 1 GW in large-scale and community solar projects in operation or under development across
the United States. Our team adapts to each client’s needs and finds ways to invest in our clients and their
communities… at every turning point. For more information, please visit turningpoint-energy.com.
Connect with TurningPoint Energy via LinkedIn.
Media Inquiries:
TurningPoint Energy
Christy Scott
984-209-0634
cscott@tpoint-e.com
Nautilus Solar Energy
Carlene Pruitt
908-795-3038
carlene@nautilussolar.com