Company Updates and In The News

New Energy Equity (NEE) Receives Major Investment from SmartPitch Ventures

Annapolis, MD, May 28, 2019 – Leading solar developer New Energy Equity (“NEE”) and private equity investment fund SmartPitch Ventures (“SmartPitch”) announced today the closing of a major investment in NEE by SmartPitch. Under the terms of the agreement, SmartPitch assumed a controlling interest in NEE. The investment will accelerate NEE’s growth for the coming years and […]

May 28, 2019

Major School Solar Project Slated for Completion May 2019 in Central Minnesota

Annapolis, MD, May 2, 2019 – New Energy Equity, Region Five Development Commission (R5DC) and Rural Renewable Energy Alliance (RREAL) have successfully partnered to develop six solar arrays, totaling 1.5 MW, for Pine River-Backus and Pequot Lakes school districts and Central Lakes College. These three projects in central Minnesota will reduce each school’s carbon footprint […]

May 02, 2019

New Energy Equity names JB Jouve Chief Financial Officer

Annapolis, MD, February 22, 2019 – National solar developer and financier, New Energy Equity (NEE) announced today that Jean-Baptiste (JB) Jouve will join the company as Chief Financial Officer (CFO), effective March 11, 2019. Jouve will be responsible for supporting rapid growth by managing the internal and external finance functions of the organization. New Energy […]

February 22, 2019

New Energy Equity Portfolio Reaches 145 MW

Annapolis, MD, February 15 – National solar energy project developer New Energy Equity announced its 2018 year-end results today, including a string of record accomplishments for the company. The Annapolis-based company has now closed more than 145 MW (DC) of solar electricity generation, 60 MW in 2018 alone, representing $302 million in total project value. […]

February 15, 2019

Leo Nozeika Joins New Energy Equity as Chief Financial Officer

Annapolis, MD – New Energy Equity announces that Leo Nozeika has joined the company as chief financial officer. Nozeika has extensive experience with solar company financial management and solar project financing, having served in senior financial roles at leading renewable energy companies. “Leo’s deep knowledge and experience in the renewable energy industry means that we […]

February 12, 2018

Multiple Community Solar Gardens Completed in Minnesota in 2017

Annapolis, MD – New Energy Equity completed numerous community solar projects in Minnesota, continuing to take a leading role in the increasing use of solar throughout the state. As part of Xcel Energy’s community solar initiatives, solar gardens were created in numerous locations, offering small and large commercial businesses a chance to subscribe to a […]

December 20, 2017

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 […]

December 15, 2017