Nautilus Solar Energy — community solar developer/operator with portfolio across NY, NJ, MA, MD, ME, IL, MN
Power Corp of Canada consolidates ownership of Nautilus to fully own community solar platform. Acquired remaining stakes from management and Virgo Investment Group (Power Corp had majority since 2018). Nautilus focused on community solar in markets with strong policy support.
700MW
Capacity
Solar
Technology
NE
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- Management + Virgo Investment Group (residual stakes)
- Buyer / Financier
- Power Corporation of Canada
- Deal Value
- Undisclosed
- Stage
- Operating
- ISO/RTO
- Multiple
- Source
- Nautilus Solar
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