Press Release: Navisun Expands Investment in Distributed Solar Platform

Press Release: Navisun Expands Investment in Distributed Solar Platform

Acquires nine operating projects totaling 14.3 MW

BOSTONMarch 18, 2019 — Navisun LLC (“Navisun”), an independent solar power producer, today announced it has acquired a portfolio of nine active solar projects from Clean Energy Collective (“CEC”), a leading North American community 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. Most importantly, the subscriber will benefit from Navisun’s expertise in solar acquisition and asset management, combined with CEC’s ability to deliver quality customer service and subscription services.

As part of this agreement, Navisun will enter into a long-term partnership with CEC to provide customer management services for the projects. “We are thrilled to collaborate with Clean Energy Collective, an organization that mirrors our strategic initiatives,” said John Malloy, Navisun’s managing partner and co-founder. “This purchase is a testament to our partner model as a C&I distributed scale solar company. We look forward to partnering with other industry leaders as we expand our distributed solar platform across the country.”

“As a leading national developer of community solar solutions, we strive to work with companies like Navisun that support the generation of local, affordable, and clean energy,” said CEC’s President of Renewables, Tom Sweeney.

 

About Navisun LLC
Navisun LLC is a solar IPP within the United States that focuses on co-developing, acquiring, owning and operating distributed and small utility-scale solar projects. Navisun principals have completed numerous projects for commercial, industrial, utility and institutional partners throughout the United States, with typical project sizes ranging from 250 kilowatts to 20 megawatts. For more information, visit www.navisunllc.com.

About Clean Energy Collective
Clean Energy Collective (CEC) is the nation’s leading developer of community solar solutions. Since establishing the country’s first community-owned solar array in 2010, CEC has built or has under development more than 175 RooflessSolar™ projects with 33 utility partners across 16 states, serving thousands of customers, and representing more than 400 MW of community solar capacity. Visit www.cleanenergyco.com for more information.