Nautilus completes acquisition of 23 MW solar portfolio in Maryland

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Nautilus Solar Energy, LLC, through its its affiliate Nautilus US Power Holdco LLC (NUPH), has completed the acquisition of two community solar photovoltaic portfolios located in the state of Maryland, USA which has a combined capacity of 23 MW. 

The solar portfolios consists of six projects installed across the state. The projects are expected to be operational by 2024, serving the people residing in the Pepco and BG&E utility territories.

NUPH will be the long-term owner of the projects and Nautilus is responsible for overseeing construction, maintaining their long-term performance, and acquiring and managing customer subscriptions.

List of the country updates

Country updates

  • August 15, 2023

    Alliant Energy obtains permits for 175 MW battery energy storage systems (BESS) in Wisconsin

    Alliant Energy has received permission from the Public Service Commission Wisconsin (PSCW) to construct two battery storage projects that will be paired with solar PV plants in Wisconsin. The two proj...

    Read more
  • August 14, 2023

    Xcel Energy seeks proposals for clean energy projects to replace coal-fired King plant on Minnesota-Wisconsin border

    Xcel Energy has issued a call for clean energy projects in northwest Wisconsin, USA. The company is seeking approximately 650 MW of new solar-specific projects or projects that combine solar with ener...

    Read more
  • August 11, 2023

    Nucor, NextEra Energy sign agreement for 400 MW solar PV project in Kentucky

    Nucor Corporation has signed a Power Purchase Agreement (PPA) with Sebree Solar LLC, a subsidiary of NextEra Energy Resources LLC, for 250 MW of renewable energy from the 400 MW Sebree Solar project,...

    Read more
  • August 07, 2023

    Vestas secures 189 MW order to power wind project in the US

    Vestas has secured an order for an undisclosed wind project in the US. The contract involves the delivery and installation of 45 V150-4.2 MW wind turbines, with a total capacity of 189 MW. Alongside t...

    Read more
  • August 07, 2023

    Kimmeridge closes sixth E&P-focused fund with over US$1bn capital commitements

    Kimmeridge, an alternative asset manager focused on the energy sector, has achieved the final closing of its Kimmeridge Fund VI and related vehicles, receiving more than US$1 billion in new capit...

    Read more

Share this update