First Community Solar Project Completed for New Energy in New York State

Annapolis, MD – New Energy Equity completed a community solar project in Enfield, NY, to bring electricity cost-savings and carbon savings to the area, the Company’s first community solar project in the State of New York. A community solar project enables residents and small commercial customers to receive the benefits of solar energy even if they do not have the rooftop or land to host the project. “Community solar provides so many advantages to people in the area and we are happy to be able to make sustainability a part of this community’s life,” said Ian Palmer, CEO, New Energy Equity.

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New Energy Equity specializes in the financing and development of commercial and small utility renewable energy projects. The company focuses on transactions within the United States ranging from 200kW to 5MW. New Energy Equity works with investors, both public and private, to provide dependable financing resources for the development and completion of end-to-end renewable energy transactions.

New Energy has the resources, expertise and experience to handle all aspects of development, construction and long-term asset management. The company brings together more than 50 years of experience developing projects in the solar, telecom, corporate finance and construction industries.

For more information please visit New Energy Equity’s website at www.newenergyequity.com.