Nautilus Solar Energy and Foss & Company have announced a $72 million tax equity partnership, covering a 62 MW portfolio of 16 projects across Maine, Minnesota, New York and Maryland.
“The collaboration with Foss & Company highlights the growing demand for community solar projects that offer an equitable and affordable renewable energy choice,” says Julian Erfurth, Nautilus’ executive director of capital markets. “This partnership not only reinforces our commitment to advancing a cleaner, more resilient energy sector but also expands the reach of community solar across numerous US markets. We are proud to be part of the clean energy transition.”
These projects aim to provide energy to the Northeast and Midwest regions of the U.S. and are expected to be fully operational this year.
NUPH is the long-term owner of the projects, with Nautilus Solar responsible for overseeing construction and maintaining the site’s long-term performance. The company is also responsible for acquiring and managing customer subscriptions through its proprietary platform.
This is the second partnership between Nautilus Solar and Foss & Company.
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Nautilus Solar, Foss & Company Announce $72M Tax Equity Partnership
I’m not a financial pro, but here’s some advice:
Don’t live on a budget. Make a lot of money and live far beneath your means. What value does luxury actually bring to your life, especially if it makes you nervous about running out of cash?
As I told my kids when they were growing up, “Unless you’re completely shallow, showing off your money is an idiotic thing to do. You make false friends and have people glomming onto you to sell you stuff you really don’t need.”
Warren Buffett still lives in a modest house in Nebraska, a state in which he could buy an entire country. Maybe there is something about him and his values that could benefit you.
I see.
There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.
LOL.
It’s possible that right now, there are other civilizations observing the human race, studying us from afar, and noticing our decline into savagery and eventual extinction by turning billionaires into trillionaires.
People say that the principal weakness of human beings is that we can’t plan for the future as a species. Dogs are arguably even worse, though they aren’t consumed with greed. They don’t plot the starvation of millions of other dogs so they themselves can have enough food to last a billion years.
As an elderly man, I’ll be leaving this planet soon, but I won’t cease pondering this until my heart stops beating.
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