Acquisitions & Co-Development
We bring the people, processes, and performance to finance and develop your solar projects. Our ALLETE backing means financial security and stability you can count on.
Solar Development & Financing Capabilities
Acquisitions
New Energy Equity regularly acquires solar projects from other developers at all stages of a project’s lifecycle. We leverage our extensive experience to bring projects into operation and deliver real benefits for landowners, partners, and communities.
Featured Projects
Harlem Consolidated School District
New Energy Equity acquired this solar project from BOW Renewables, LLC, the original developer. The project will harness clean, renewable power to generate community solar credits, reducing the district’s electricity costs, supporting 39,000 students across 11 schools.
Learn more ›Wonderlake Solar
This community solar project acquired in 2025, will be operated by New Energy Equity and provide discounted bill credits for community solar subscribers in the Commonwealth Edison service area.
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Co-Development
We understand the challenges associated with early stage development. Our extensive in-house capabilities in engineering, legal, and real estate to ensure project success while saving your team valuable time and resources. New Energy Equity collaborate with trusted construction partners on each project and leverage our experience working alongside utilities for favorable interconnection solutions.
Featured Projects
Broadway 1
This community solar project located on an abandoned landfill in the Village of Depew, NY was co-developed with National Energy Development. The project is a 7 MW community solar project that will generate enough annual energy to power 1,285 New York households.
Learn more ›Bishop
This 3.1 MW community solar project was co-developed with our partners at SunVest. Located in Southern Illinois, this project will provide discounted bill credits for community solar subscribers in the Ameren service territory.
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Testimonials
“Partnering with New Energy Equity has been an exceptional experience. Their team consistently delivers the expertise and support needed to move our projects across the finish line. From early-stage development through completion, they’ve proven to be a dependable and collaborative partner. We’re excited to continue building our future together.”
Jim Bodecker, Co-Founder & Chief Business Officer, National Energy Development
“Throughout our longstanding relationship with New Energy Equity, they have consistently demonstrated exception professionalism, clear communication, and a genuine commitment to collaboration. Their team brings both technical expertise and integrity to every project. New Energy Equity’s proactive communication and dedication to both of our company’s mutual success have made them a valued partner for Cedar Creek Energy. We look forward to continuing our strong partnership with New Energy Equity for years to come.”
Alex Gast, COO, Cedar Creek Energy