Solar and energy storage provider Nexamp is acquiring a 10-project, 50-megawatt portfolio of community solar projects from Dimension Energy.
The projects will enable residential customers of Central Maine Power and Versant Power to subscribe to a portion of a project's output and receive savings through credits on their monthly electricity bills.
Dimension Energy's development team started work on these projects by partnering with local landowners in early 2019. Having completed a holistic development approach that embraced state and local stakeholders, the first tranche of projects is fully permitted, with the remainder expected to receive final approvals by the end of 2020. Nexamp is actively developing more than a dozen additional projects of its own in Maine on similar timelines.
With hundreds of projects and thousands of subscribers around the country, Nexamp is growing rapidly through organic development as well as acquisition. As a long-term owner of all
