Nautilus Solar Energy Closes Debt Financing on a 6.6 MW Maryland Community Solar Project

14 Mar 2019

Nautilus Solar Energy, LLC ("Nautilus"), a leading national solar project acquisition, development and asset management company has closed the debt financing on a 6.6 MW community solar project in Maryland with Seminole Financial Services, LLC ("Seminole").  The solar project, constructed on the Panorama landfill site in Prince George's County, is one of the largest residential community solar projects in Marylandto date.  The energy generated by the solar project will directly benefit qualified residential community solar subscribers who are situated within Pepco Maryland's service territory. The solar project will provide energy cost savings to 800 homes while advancing Maryland's overall renewable energy goals. The project is expected to come online during Q2 of 2019.

(PRNewsfoto/Nautilus Solar Energy, LLC)

(PRNewsfoto/Nautilus Solar Energy, LLC)

"Nautilus is very pleased to continue its relationship with Seminole as we expand into new markets," said Laura E. Stern, President of Nautilus. "Such leadership in community solar financing is an important factor in the growth of the sector."

A limited number of residential subscriptions to the system are still available at https://neighborhoodsun.solar/nautilus/

Nautilus Solar | http://www.nautilussolar.com 

Seminole Financial Services |  http://www.seminolefinancialservices.com