NNI - Nelnet Renewable Energy partners with three co-investors to complete $9.9M solar tax equity investment

Nelnet’s (NNI) Nelnet Renewable Energy announced the completion of a $9.9M solar tax equity investment into a portfolio of projects in the Northeast with three co-investors.The portfolio of projects is expected to generate over 19,900 megawatt hours of solar energy per year for a portfolio of community solar subscribers – renters, homeowners, and businesses – in the state of New York.Nelnet Renewable Energy to serve as the lead investor and fund manager over the duration of the investment; co-investors include Adams Bank & Trust and West Gate Bank, both of Nebraska.Nelnet continues to secure an additional $80M in 2021 solar tax credits for its co-investor platform.

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Nelnet Renewable Energy partners with three co-investors to complete $9.9M solar tax equity investment