Project Finance Brief: Nautilus Secures $275 Million for Community Solar Projects
Greenwood Sustainable Infrastructure acquires 556 MW solar project
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Nautilus Solar Energy, a U.S.-based community solar provider, announced the closing of a $275 million long-term debt facility, the company’s largest single debt transaction to date. The facility will support over 25 community solar projects spread across five states in the U.S., including Illinois, Maryland, Delaware, New York, and Rhode Island, which are expected to start operation over the next year.
