Sunday, June 15, 2014

Fwd: Nautilus funding sources for Ontario


Nautilus Solar Energy secures investors for Canadian solar project portfolio
06/10/2014

Nautilus Solar Energy Canada Inc., a subsidiary  of Nautilus Solar Energy LLC,  has successfully secured investors North Sky CleanTech Alliance Fund, L.P. and NewWorld Environmental Infrastructure, L.P. for a solar project portfolio.
Located in Ontario, Canada, the portfolio will initially consist of 28 projects totaling approximately 9.2-MW, however, output capacity is expected to reach 24-MW.
"We are pleased to partner with Nautilus Solar Energy, a proven solar developer, and to support the objectives of the Province of Ontario in expanding its base of clean energy," said Ali Iz, managing partner at NewWorld Capital Group.
Nautilus is a solar power generation developer that develops, constructs, finances, owns and operates distributed generation and utility-scale solar electric systems throughout North America.
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--
Monty Bannerman
ArcStar Energy
+1 646.402.5076
www.arcstarenergy.com

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