Project Finance Brief: Nautilus Acquires 11 MW Community Solar Projects in Illinois

Ecoener secures $43 million financing for Payita 1 solar project

February 27, 2025

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Nautilus Solar Energy, a U.S.-based community solar provider, announced the acquisition of community solar projects totaling about 11 MWdc in Illinois from Renewable Properties, a utility-scale solar and energy storage project developer. Renewable Properties developed the solar projects for the Illinois Shines program, comprising the 7 MW Highway 20 solar project in Kane County and the 4 MW Deep Lake project in the village of Antioch.

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