M&A Deal Summary

Nautilus Solar Energy Acquires Clean Energy Collective - Community Solar Portfolio

On August 28, 2018, Nautilus Solar Energy acquired renewable energy company Clean Energy Collective - Community Solar Portfolio from Clean Energy Collective

Acquisition Highlights
  • This is Nautilus Solar Energy’s 1st transaction in the Renewable Energy sector.
  • This is Nautilus Solar Energy’s 1st transaction in the United States.
  • This is Nautilus Solar Energy’s 1st transaction in Colorado.

M&A Deal Summary
Date 2018-08-28
Target Clean Energy Collective - Community Solar Portfolio
Sector Renewable Energy
Buyer(s) Nautilus Solar Energy
Sellers(s) Clean Energy Collective
Deal Type Divestiture

Target

Clean Energy Collective - Community Solar Portfolio

Carbondale, Colorado, United States
Clean Energy Collective LLC - Community Solar Portfolio is a 13.5 MWdc made up of projects in Massachusetts – where the offtake is with qualified commercial subscribers, and New York – where the offtake is with 100% qualified residential subscribers.

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Buyer(S) 1

Buyer

Nautilus Solar Energy

Summit, New Jersey, United States
Category Company
Founded 2006
Sector Renewable Energy
DESCRIPTION

Nautilus Solar Energy LLC is a national solar acquisition, development, and asset management company. Nautilus focuses on acquiring, developing, executing and managing distributed and utility-scaled generation solar projects. Nautilus Solar Energy LLC was formed in 2006 and is based in Summit, New Jersey.

DEAL STATS #
Overall 1 of 7
Sector (Renewable Energy) 1 of 7
Type (Divestiture) 1 of 7
State (Colorado) 1 of 1
Country (United States) 1 of 7
Year (2018) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-15 Power52 Energy Solutions - 9 MW Maryland Community Solar Portfolio

Ellicott City, Maryland, United States

Power52 Energy Solutions - 9 MW Maryland Community Solar Portfolio is comprised of four separate projects located outside of Baltimore. Each project is qualified under Maryland’s community solar pilot program and is in the Baltimore Gas & Electric (“BGE”) service territory. The portfolio is expected to be constructed and energized in 2019.

Buy -

Seller(S) 1

SELLER

Clean Energy Collective

Carbondale, Colorado, United States
Category Company
Founded 2009
Sector Renewable Energy
DESCRIPTION

Clean Energy Collective (CEC) is a developer of community solar solutions. Clean Energy Collective was founded in Carbondale, Colorado.

DEAL STATS #
Overall 1 of 2
Sector (Renewable Energy) 1 of 2
Type (Divestiture) 1 of 2
State (Colorado) 1 of 2
Country (United States) 1 of 2
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-18 Clean Energy Collective - Nine Active Solar Projects

Carbondale, Colorado, United States

Clean Energy Collective LLC - Nine Active Solar Project is a solar developer and solutions provider. The 14.3-megawatt community solar project portfolio is located throughout Massachusetts. The nine community solar facilities directly benefit subscribers by providing energy bill savings while supporting the state's commitment to advancing their renewable energy goals.

Sell -
Mergr

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