Nautilus Closes Financing for 3-MW PV Plant


Published: 2010-07-01

New Jersey, United States –Nautilus Solar Energy LLC announced the completion and close of the agreement to finance the construction and operation of the first 3 megawatts (MW) of a 3.5-MW solar energy project on the William Paterson University (WPU) campus in Wayne, New Jersey.

The construction and term financing for the project is provided in part through a US $5 million, 10-year loan with New Jersey Economic Development Authority (EDA).

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