Washington, D.C., September 10, 2025 – National Trust Energy Capital is proud to announce the closing of a 1.36 MW community solar project in Eastport, Maine, in partnership with Prometheus Power Group. The project is expected to generate approximately 1.78 million kWh annually, providing clean and affordable energy to local residents and businesses. National Trust Energy Capital arranged a tax equity investment in the $3.3 million in Solar Investment Tax Credits (ITC) generated by the development of the solar site. This marks the organizations’s ninth collaboration with PeoplesBank, a long-time NT Energy Capital partner, bringing their total investment to over $21 million.
This investment with Prometheus Power Group reflects National Trust Energy Capital’s commitment to expanding access to clean energy for people across the country. We’re especially proud to support a project bringing renewable energy at a discount to Maine’s rural residents.
The Eastport project will serve a mix of residential and commercial subscribers through Maine’s Community Solar program, offering a 15% fixed discount on all allocated bill credits. The project also qualifies for the 10% Domestic Content adder under the Inflation Reduction Act, supporting U.S.-based manufacturing by utilizing domestically manufactured panels. The energy generated by this project will make a meaningful impact for Maine’s rural residents and small businesses.
“National Trust Energy Capital’s financing expertise was instrumental in structuring this project,” said Rohit Garg, Managing Member of Prometheus Power Group. “Their support ensured we could deliver long-term value to the Eastport community while making clean energy more accessible to Maine residents.”
This partnership with Prometheus Power Group underscores National Trust Energy Capital’s continued mission to expand access to clean and affordable renewable energy in rural Maine. National Trust Energy Capital remains committed to supporting underserved areas by advancing equitable and impactful energy investments across the country.
National Trust Energy Capital, a division of the National Trust Community Investment Corporation (NTCIC), provides tax credit equity for renewable energy projects that deliver measurable community benefits. National Trust Energy Capital specializes in community solar, energy storage, and projects that serve low-income households or are located in historically underserved areas. Visit www.ntenergycapital.com to learn more.
Prometheus Power Group develops and operates community solar projects across the U.S., with a focus on the Northeast, Mid-Atlantic, Midwest, and Mountain West. The team has developed or is actively developing over 350 MW of solar capacity and operates through its venture, Nugenics Solar LLC Visit www.prometheuspowergroup.com to learn more.
National Trust Energy Capital brings investors, developers, and energy opportunities together through experienced tax credit investment and asset management expertise. Whether you’re looking to put capital to work or secure financing for an energy project, our team can help you identify opportunities, navigate complexity, and move forward with confidence.