Maryland

Nautilus Portfolio

Foss & Company has closed the first tranche of a tax equity partnership with Nautilus Solar Energy on behalf of its affiliate, Nautilus US Power Holdco, for around $42m of investment across over 44 MWdc of community solar projects. Spread across Maine, Minnesota, and Maryland, the projects aim to offer low-cost, clean electricity to low-income families and small businesses. The projects aim to provide much needed alternative energy to the northeast region of the United States. In addition, the portfolio will bring jobs and tax revenue to these three states. The portfolio is expected to be fully operational by 2023. PROJECT DETAILS LOCATION Maine, Minnesota, and Maryland PROJECT FEATURES 44-MWdc community solar portfolio

Maryland Community Solar Portfolio

The Maryland community solar program provides Maryland residents with access to low cost renewable energy. By subscribing to our community solar projects, residents are able to get a guaranteed discount on their utility bills. In partnership with Summit Ridge Energy, Foss & Company closed on a tax equity investment for this portfolio – enabling the expansion of community solar in the state, and providing renewable energy to thousands of Maryland residents. The portfolio will receive Renewable Energy Credits from investment grade utilities. PROJECT DETAILS LOCATION Maryland