Transactions - SEPTEMBER 22, 2022

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Cypress Creek Renewables to sell Illinois solar portfolio to Nexamp

by Kali Persall

Cypress Creek Renewables has agreed to sell a 45-megawatt portfolio of solar projects in Illinois to Nexamp.

The portfolio consists of 15 separate community solar projects across ComEd and Ameren utility territories in Illinois. Once complete, the projects will generate enough renewable energy to meet the needs of 6,000 average homes while offsetting 25,500 metric tons of carbon dioxide annually.

“It has been a pleasure to strengthen our relationship with Nexamp as we work to bring low-cost, reliable clean energy to the people of Illinois,” said Sarah Slusser, CEO of Cypress Creek Renewables. “Cypress Creek is committed to helping Illinois achieve its ambitious goals established under the Climate and Equitable Jobs Act through these projects and dozens more in development. The passing of the Inflation Reduction Act has made these goals even more attainable and will bring even greater benefits to local communities.”

The projects are expected to be operati

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