WASHINGTON, DC, September 10, 2025: National Trust Energy Capital (previously NT Solar) 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 National Trust Energy Capital’s ninth collaboration with PeoplesBank, a long-time National Trust Energy Capital partner, bringing their total investment to over $21 million.
“This investment with Prometheus Power Group reflects [NT Solar]’s commitment to expanding access to clean energy for people across the country,” said Karin Berry, Managing Director of NT Solar (now National Trust Energy Capital). “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.
The 1.36 MW installations will generate an estimated 1.77 million kilowatt-hours (kWh) annually, which:
- Creates enough electricity to fully power 135 homes each year
- Offsets CO2 emissions generated from burning nearly 860,000 pounds of coal annually
- Sequesters the same amount of carbon from the atmosphere as over 784 acres of forest
- Offsets the CO2 emissions generated from consuming 87,000 gallons of gasoline annually
“[NT Solar]’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.
About National Trust Energy Capital
National Trust Energy Capital is an energy tax credit investment and asset management firm with more than a decade of experience connecting investors and developers. Building on a strong foundation in solar, National Trust Energy Capital works across a broad range of energy technologies and tax credit possibilities, helping investors identify strong opportunities and developers secure reliable capital in a changing policy and market environment. National Trust Energy Capital specializes in community solar, energy storage, and projects serving low-income households or located in historically underserved areas.
About Prometheus Power Group
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.