Nexamp has partnered with Trajectory Energy Partners to acquire two Illinois solar projects, located in Galesburg and Pekin, with a total capacity of 7 MW.
The projects were developed under the state’s Community Driven Community Solar program and are expected to come online next year.
This sale expands the total portfolio of transactions between the companies in Illinois since 2020 to a total of 24 MW.
“Community Solar continues to showcase its power and versatility as one of the most impactful tools to simultaneously address our nation’s most critical energy and equity policy goals, and Illinois is leading the way,” said John Murphy, Chief Strategy Officer at Nexamp.
“Our collaboration with talented and like-minded development partners like Trajectory will help Nexamp accelerate our clean energy deployment goals and achieve our mission to make the economic and environmental benefits of solar energy more widely accessible.”
Nexamp will build, own and operate the projects, with both companies expecting to continue working with development partners such as the Knox County Area Partnership and the City of Pekin.
These local partners played an important role in the early stages of these projects, advocating for and within their communities to bring these community-based projects home. Through our continued work, groups like these will ensure the benefits of these projects have the maximum impact in their host communities.