Nelnet, which just last month announced its new business division focused on solar energy, has secured its first solar management contract.
The Lincoln-based financial services company said in a news release last week that its Nelnet Renewable Energy division will manage five new community solar projects planned or under construction in Saratoga, Schenectady, Oneida, Jefferson and surrounding counties in New York. The five solar farms will provide a combined 20 megawatts of power.
The solar projects are developed by Green Street Power Partners, a company with completed and under-development solar projects in New York, Massachusetts, Illinois and Minnesota.
"GSPP is honored to have five of its community solar projects selected for the official launch of Nelnet Renewable Energy," Scott Kerner, CEO of the solar power company, said in a news release. "Nelnet continues to be an invaluable partner to GSPP and we look forward to working together to achieve our renewable energy goals across the country."