US renewable energy investor Excelsior Energy Capital will join energy developer Nokomis Partners in the construction and operation of a number of solar projects, with a total capacity of 16.5 MW. The portfolio is made up of ground-mounted arrays across Minnesota that will sell energy under the Minnesota Solar Community Garden programme. “Minnesota’s largest state has been an important market for us since we first started our business here back in 2008,” said CEO David McKay.
US renewable energy investor Excelsior Energy Capital will join energy developer Nokomis Partners in the construction and operation of a number of solar projects, with a total capacity of 16.5 MW. The portfolio is made up of ground-mounted arrays across Minnesota that will sell energy under the Minnesota Solar Community Garden programme. Excelsior, which will be the projects' owner in the long-term, is raising the tax equity and debt financing to begin construction imminently.