Nationwide invests $200 million in solar projects in North Carolina

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Helios Infrastructure, a joint venture between Nationwide and Sol Systems, has announced the completion of its project purchase from Cypress Creek Renewables.

The more than $200 million portfolio spans 20 projects across North Carolina, of which 97 MW are operational and 51 MW are under construction.

The 51 MW of projects under construction will create clean, renewable electricity that will benefit 20 counties and 12,000 homes per year in North Carolina, while offsetting approximately 150,000 tons of carbon annually.

Cypress Creek’s engineering and project management group is overseeing the construction by Pure Power Contractors and CS Energy, which is targeting a placed-in-service date of December 2020.

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