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As Maine’s solar-power industry enjoys a new jolt of investment, eight planned community solar facilities across the state have been sold to a New Jersey company.
Nautilus Solar Energy LLC has acquired the projects, totaling 47.2 megawatts in projected capacity, from ISM Solar Development LLC for an undisclosed price, according to a news release Thursday.
The solar developments are in Cumberland, Knox, Oxford and York counties, but specific locations were not immediately available.
Nautilus expects to break ground on the projects in the third quarter of this year. Nautilus said that when completed, the solar arrays will be able to power almost 10,000 households within the territory of Central Maine Power Co., the state’s largest electric utility.
Image credit: Photo by CIRA/.CA.
Tax-Free Savings Account (TFSA) income investors have a number of top high-yield stocks to choose from today that offer great dividends and a shot at big capital gains.
Why Power Corp stock deserves to be on your buy list
Power Corp(TSX:POW) trades at its 12-month high, but still offers an attractive 5.6% dividend yield.
This holding company has investments in a number of top Canadian insurance and wealth management firms, including publicly-traded subsidiaries
Great-West Lifeco and
IGM Financial. These businesses are home to a number of well-known names in the industry. Canada Life, IG Wealth Management, Mackenzie Investments, and Investment Planning Counsel are just a few.
QIC to Form New Private Debt Capability for Investors in Infrastructure Debt
Posted on 01/21/2021
Superannuation investor QIC wants to form a new private debt capability for institutional investors. The initial focus of QIC’s private debt strategy will be to build a team to develop an infrastructure debt offering. QIC has appointed Andrew Jones to lead this initiative and he will start with the initiative, effective February 1, 2021 in the Sydney office. QIC sees an opportunity for third-party capital to invest in a defensive income stream with a strong yield.
QIC is major superannuation investor with experience investing in large-scale infrastructure globally.