M&A Deal Summary

Nautilus Solar Energy Acquires Renewable Properties - 11 megawatts-direct current of Illinois community solar

On February 19, 2025, Nautilus Solar Energy acquired renewable energy company Renewable Properties - 11 megawatts-direct current of Illinois community solar from Renewable Properties

Acquisition Highlights
  • This is Nautilus Solar Energy’s 8th transaction in the Renewable Energy sector.
  • This is Nautilus Solar Energy’s 8th transaction in the United States.
  • This is Nautilus Solar Energy’s 1st transaction in Illinois.

M&A Deal Summary

Date 2025-02-19
Target Renewable Properties - 11 megawatts-direct current of Illinois community solar
Sector Renewable Energy
Buyer(s) Nautilus Solar Energy
Sellers(s) Renewable Properties
Deal Type Divestiture

Target

Renewable Properties - 11 megawatts-direct current of Illinois community solar

Illinois, United States
Renewable Properties' 11 megawatts-direct current (MWdc) of Illinois community solar is a developer of commercial and utility-scale solar projects.

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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 8 of 8
Sector (Renewable Energy) 8 of 8
Type (Divestiture) 8 of 8
State (Illinois) 1 of 1
Country (United States) 8 of 8
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-11 ISM Solar Development - 47 MW Community Solar Portfolio

East Providence, Rhode Island, United States

ISM Solar Development's 47 MW Community Solar Portfolio is a provider of eight community solar projects.

Buy -

Seller(S) 1

SELLER

Renewable Properties

San Francisco, California, United States

Category Company
Founded 2017
Sector Renewable Energy
DESCRIPTION

Renewable Properties specializes in developing and investing in small-scale utility, community solar, energy storage, and EV infrastructure projects, throughout the U.S. Renewable Properties is active in 16 states and has over 1.2 GW of solar and energy storage under development with over 250 MW under construction or in operation. Renewable Properties was founded in 2017 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1