Nexamp Acquires Two Illinois Community Solar Projects with Trajectory Energy
Nexamp has partnered with Trajectory Energy Partners to acquire two Illinois solar projects, located in Galesburg and Pekin, totaling 7 MW.
The projects were developed under the state’s Community Driven Community Solar program and are expected to come online next year.
This sale expands the total portfolio of transactions between the companies in Illinois since 2020 to a total of 24 MW.
“Community solar continues to showcase its strength and versatility as one the most impactful tools for addressing our country’s most critical energy and equity policy objectives simultaneously, and Illinois is showing the way,” says John Murphy, chief strategy officer at Nexamp.
“Our collaboration with talented and like-minded development partners such as Trajectory helps Nexamp accelerate our clean energy deployment goals and deliver on our mission to make economic and environmental benefits of solar more widely accessible.”
Nexamp will construct, own and operate the projects, while both companies expect to continue working with development partners such as the Knox County Area Partnership and the City of Pekin.