This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Nautilus Solar Completes 1,115 KW Solar PV Project For Raymour & Flanigan

SUMMIT, N.J., Jan. 18, 2013 /PRNewswire/ -- Nautilus Solar Energy ("Nautilus Solar"), a leading independent solar power producer, has started commercial operation of its 1,115kW roof mounted, solar photovoltaic project located in Gibbstown, NJ.  The project is on the rooftop of Raymour & Flanigan's ("Raymour") distribution center on Swedesboro Avenue.  The power is being sold at a discount to the utility tariff rate to Raymour under a 15-year Power Purchase Agreement. SRECs are being sold to Atlantic City Electric.

"Raymour, a leader in sustainability practices, has been a great partner, and we are pleased our system will be generating significant energy savings for them," said James Rice, CEO of Nautilus Solar. "We look forward to continuing this solar installation program with Raymour on their additional properties throughout New Jersey and the Northeast."

The project was installed by Advanced Green Technologies. Raymour was advised by Hill Energy Services.

About Nautilus Solar Energy

Founded in 2006, Nautilus Solar is a leading independent solar power producer headquartered in Summit, New Jersey. Nautilus Solar develops, constructs, finances, owns and operates distributed generation and utility-scale solar electric systems. The company sells its generated electricity through long-term power purchase agreements and has projects in NJ, CT, MD, CA, FL and Canada, with approximately 89 MW owned and managed.  Nautilus Solar is majority-owned by an investment affiliate of Starwood Energy Group Global, LLC, based in Greenwich, Connecticut.

About Raymour & Flanigan

Established in 1947, the family-owned company is headquartered in Liverpool, New York. Across its 7-state footprint, Raymour & Flanigan has 90 full-line showrooms, 11 clearance centers, 13 customer service centers, 4 customer distribution centers and 1 main distribution center. Now the 6th largest furniture and bedding retailer in the U.S. ( Furniture Today 5/22/12), Raymour & Flanigan continues its commitment of building the preeminent retail furniture brand in the Northeast and beyond. In addition, the company now offers national delivery within the continental United States. For more information, visit www.raymourflanigan.com or become a fan on Facebook.

For more information, please contact David Munsky (908) 795-3038 or visit our website at www.nautilussolar.com.

SOURCE Nautilus Solar Energy, LLC

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,119.57 -53.11 -0.31%
S&P 500 1,991.31 -2.98 -0.15%
NASDAQ 4,530.4470 +2.7580 0.06%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs