CHICAGO, IL, June 16, 2026 (GLOBE NEWSWIRE) -- Nautilus Solar Energy ("Nautilus"), one of the largest community solar businesses in the U.S., today announced the renewal of its construction debt facility with a total commitment of $600 million. The transaction was backed by Nautilus's extensive lender base and will support the construction of approximately 200MW community solar projects across the company's portfolio.  

National Bank of Canada Capital Markets, Royal Bank of Canada, and Export Development Canada served as Co-Lead Arrangers on the facility, with National Bank of Canada acting as Sole Bookrunner, Administrative Agent, Issuing Bank and Collateral Agent. Federation Des Caisses Desjardins Du Quebec, Siemens Financial Services, Inc., The Huntington National Bank, and Sumitomo Mitsui Banking Corporation also participated in the facility as lenders. The breadth of institutional participation reflects strong market confidence in Nautilus's focus and in its proven financial discipline and consistent execution over the last twenty years. 

The affordability proposition that community solar provides to customers continues to strengthen as American electricity prices remain elevated ...