Nautilus Solar Energy, LLC announced the acquisition of a 13.5MWdc community solar portfolio from Clean Energy Collective.
"This transaction furthers Nautilus/Virgo's commitment to be a leading owner/operator of community solar assets," said Jim Rice, CEO of Nautilus Solar. "In addition to furthering our goal of deploying early-stage development capital for our partners, this transaction marks our entry into New York's rapidly expanding community solar marketplace," added Jeffrey Cheng, COO of Nautilus Solar.
"Bringing these projects to a successful completion allowed us to expand our reach with community solar, providing more customers in Massachusetts and New York - in addition to the other 15 states we're currently operating in - the opportunity to support the generation of local, affordable, clean energy and to save money while doing so," said Tom Sweeney, CEC President of Renewables.