5 Spearheads Pioneering Community Solar Partnership Between Bradley University and Nexamp

5, a renowned energy and sustainability advisory firm, has successfully facilitated a community solar deal between Bradley University and Nexamp, aiming to enhance Illinois' renewable energy capacity. This partnership will see Bradley University become the anchor subscriber to four Nexamp-developed community solar projects over the next two years. Expected benefits include more than $115,000 in yearly savings for Bradley University and the addition of over 26,000 MWh of renewable electricity to the Illinois power grid, supporting the state’s renewable energy objectives.

Stephen Standifird, President of Bradley University, emphasized the institution's commitment to renewable energy and fiscal responsibility through this agreement. 5's pivotal role in this partnership involved offering strategic advice and facilitating the contracting process, demonstrating its dedication to driving sustainability, risk management, and cost savings for its clients.

Karen Sweeney, 5’s Director of Sustainability, highlighted the significance of collaboration between Bradley University and Nexamp in achieving impactful environmental and financial outcomes. This community solar initiative is expected to contribute significantly to Illinois' renewable energy goals and serve as a model for sustainable collaboration.