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NAUTILUS SOLAR ENERGY CLOSES SECOND COMMUNITY SOLAR FINANCING WITH CREDIT SUISSE

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SUMMIT, N.J., April 22, 2021 — Nautilus Solar Energy, LLC (Nautilus), a leading owner-operator of distributed generation and community solar projects located throughout North America has closed a $110 million tax equity commitment with Credit Suisse. The facility will provide competitive long-term financing for twenty-two community solar projects across Colorado, Maryland, Minnesota, New York, and Rhode Island, amounting to approximately 75 MWdc of nameplate capacity. All projects in the portfolio are expected to be placed in service in 2021 and early 2022.

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