Nautilus Solar, through its affiliate Nautilus US Power Holdco (NUPH), has secured a $275 million tax equity investment from Greenprint Capital. The investment will fund 25 to 30 community solar projects planned across Illinois, Maryland, New York, Rhode Island, and Delaware. The portfolio is under construction and expected to deliver 130MW of capacity while supplying power to over 11,000 households. Approximately 190 jobs are projected to be created in the process. The investment is part of a $2.5 billion tax equity joint venture between Greenprint Capital and AB CarVal. NUPH will retain long-term ownership and handle construction, financing, and subscriber operations through its internal management platform.
Nautilus Solar secures $275M from Greenprint for 130 MW solar build
Greenprint Capital has invested $275M in Nautilus Solar to build 130 MW of community solar serving 11,000+ homes across IL, MD, NY, RI, and DE.
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