1867 – NELKSI21 LLC is a newly organized entity formed to invest in entities that plan to develop, construct, own, and maintain solar photovoltaic (PV) systems and sell solar-powergenerated electricity to third-party customers and local utilities. The $11.82 million 1867 –NELKSI21 solar tax equity fund has been issued to fund three solar PV projects in New York and Rhode Island. A subsidiary of 1867 – NELKSI21 will hold companies that will own the assets and operate the projects. Following 1867 – NELKSI21’s investment, it will receive 99% ownership of the projects and an allocation of profit and loss and IRC Section 48 Investment Tax Credits (ITC) generated by the projects. These investments provide a federal income tax credit that is a percentage of the eligible project cost.