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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
