Nexamp has shared an update. The company highlighted its PVN Milliken solar project in California, acquired in 2017 as Nexamp’s entry point into the state. The facility is built on a capped landfill owned and maintained by San Bernardino County, generating long-term lease income for the county while converting otherwise undevelopable land into a revenue-producing clean energy asset.
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For investors, the post underscores Nexamp’s strategy of using underutilized land, such as capped landfills, to expand its community solar and renewable energy portfolio. This approach can lower land acquisition challenges, strengthen relationships with local governments through lease arrangements, and potentially enhance project margins over time. The California presence is strategically significant given the state’s large, policy-driven demand for renewable energy, which may support project pipeline growth and recurring revenue from long-term power and lease contracts. The focus on innovative siting (landfill solar) also reinforces Nexamp’s positioning within the competitive U.S. solar market as a developer capable of monetizing complex sites, which could be a differentiator in securing future projects and financing partnerships.

