Nautilus solar energy and TurningPoint Energy (TPE) are collaborating on a 29.3 MW portfolio of four community solar projects in Illinois located in Kankakee and Livingston counties.
“We are pleased to be working with TPE on yet another transaction, the first in the Illinois market,” said Eric Paul of Nautilus. “Strategic partnerships like these play a critical role in expanding Nautilus’ capabilities and reaffirming our position as a leading community solar company with projects and subscribers across the country.”
Nautilus will own the projects on a long-term basis and will be responsible for overseeing construction, performance maintenance and acquiring and managing customer subscriptions. The projects are expected to allow ComEd customers to save on their electric bills.
The portfolio is expected to be operational next year.