Company Updates and In The News

New Energy Equity closes $50 Million Unitranche Revolver led by SVB

Annapolis, MD, September 8, 2021—New Energy Equity, a developer and financier of community and commercial solar projects throughout the United States, today announced the closing of a $50 million facility, with $41 million led by Silicon Valley Bank and joined by SVB Capital, two innovative financial partners in the renewable energy and technology sector. The […]

September 08, 2021

New Solar Powered Building Dedicated in Memory of New Energy Equity Founder and CRAB Board Member

ANNAPOLIS, MD, AUGUST 10, 2021 —- New Energy Equity LLC (“New Energy”), a leading U.S. community and commercial solar project developer has partnered with Chesapeake Region Accessible Boating (“CRAB”) to create a state of the art green building at their new facility, in honor and memory of New Energy’s co-founder and CRAB Board Member, Ian […]

August 05, 2021

New Energy Equity Has Made Solar Power World’s 2021 List of Top Solar Contractors

ANNAPOLIS, MD, July 20, 2021- New Energy Equity, a developer and financier of community and commercial solar projects throughout the United States, has been announced as the 7th Top Solar Developer and the 8th Top Commercial Contractor on Solar Power World’s List of Top Solar Contractors of 2021. Since its founding, New Energy Equity has […]

July 20, 2021

New Energy Equity Welcomes Nick Kerwin as Director of Project Acquisitions

New Energy Equity is excited to welcome the newest member of its team, Nick Kerwin. Nick has over 10 years of experience working in the solar industry. His experience ranges from residential solar, Commercial & Industrial solar (C&I), community solar, and small utility-scale projects across the country. Throughout his career, Nick has held positions in […]

July 14, 2021

New Energy Equity Expands MI Portfolio with City of Norton Shores

NORTON SHORES, MI, January 8, 2020 — New Energy Equity, along with their development partner Chart House Energy, has completed a 326 kW-DC solar development project consisting of three separate municipal buildings in Norton Shores, MI. The three rooftops, totaling about 21,000 square feet, includes the City of Norton Shores Fire Station, Public Works building, […]

January 11, 2021

New Energy Equity Welcomes Jamil White to Its Leadership Team

ANNAPOLIS, Md., Nov. 5, 2020 /PRNewswire/ — New Energy Equity (NEE), a solar developer and financier based out of Annapolis, MD, has welcomed a new member to its leadership team as the company continues to experience rapid growth since its inception in 2013. Jamil White CPA, MBA, has been brought on as Controller of NEE and all its subsidiaries. He […]

November 06, 2020

New Energy Equity Completes Solar Project in Muskegon Heights, MI

MUSKEGON HEIGHTS, MI, September 30, 2020— New Energy Equity (NEE) collaborated with Chart House Energy (CHE) to complete the first phase of a 645-kilowatt system in the city of Muskegon Heights, Michigan. New Energy Equity’s role in this project is to provide the upfront financing and oversee the installation of the solar array, allowing the […]

October 06, 2020