GoldenSet, North Sky invest in Ontario solar project portfolio
Nautilus Solar Energy Canada Inc, the Canadian subsidiary of U.S.-based Nautilus Solar Energy LLC, has received an undisclosed investment in its solar electricity generation project portfolio. The investment was made by funds managed by U.S. energy and infrastructure investor GoldenSet Capital Partners and private equity firm North Sky Capital. The portfolio, located in Ontario, will consist initially of 28 projects totaling approximately 9.2 megawatts and is expected to grow to 24 megawatts. Nautilus said the deal provides the foundation for completing its current portfolio and the opportunity for expansion through acquisition of projects.
10 June 2014•4 mins read
