New Energy Capital

New Energy Capital is an asset management firm established in 2004, based in Hanover, New Hampshire. The firm specializes in providing equity for small and mid-sized projects in renewable energy, clean generation, clean water, waste management, and combined heat and power sectors within the United States. With a focus on projects requiring between $10 million and $200 million in capital, New Energy Capital addresses a market segment that is often underserved. The firm leverages its transactional experience and industry connections to assist developers in navigating complex transactions, which involve regulatory, environmental, financial, technical, legal, and project management aspects. A key element of New Energy Capital's strategy is to mitigate project risks by employing commercially proven technologies, securing contracted sales of energy and products, and implementing measures to reduce the effects of commodity price volatility. As investment opportunities in these sectors are expected to grow due to resource constraints and environmental mandates, New Energy Capital positions itself to support sustainable development and innovation in clean energy solutions.

Scott Brown

Founder and Partner( Chairman)

Po Cheng

Principal

Bennett Collier

Partner & Director of Asset Management

Patrick Fox

Partner

Brad Heshmaty

VP

Tom Naughton

Partner

Curt Whittaker

Managing Partner

Bridget Youngs

Associate

7 past transactions

Geenex Solar

Venture Round in 2021
Geenex is skilled in all aspects of a solar project’s development including site evaluation, real estate procurement, facility and interconnection engineering, environmental analysis, as well as federal, state and local permitting processes. Geenex Solar's experienced team navigates through the development process to guide a project from its initial stages through to its delivery of clean, reliable power to the grid.

New Columbia Solar

Private Equity Round in 2019
New Columbia Solar, Inc. builds, manages, and operates solar power projects that generate electricity for residents and businesses in the District Of Columbia. It serves religious organizations, schools, commercial and multifamily, and nonprofits. The company was founded in 2016 and is based in Washington, District Of Columbia.

Renewable Properties

Private Equity Round in 2018
Renewable Properties, LLC provides solar project development services. It offers services in the areas of site selection, interconnection, utility-scale solar permitting, power purchase agreements, project acquisition, and construction. The company provides solar project finance feasibility studies, secures land for solar development, and constructs solar power plants. It serves landowners, utility companies, and solar developers. The company was founded in 2017 and is based in San Francisco, California.

Pine Gate Renewables

Venture Round in 2016
Pine Gate Renewables plans and builds small utility-scale solar farms that generate clean renewable power for the communities in which they are located. They position their farms near existing utility connection points, and they thoroughly vet their solar farmland to ensure minimum environmental impact.

FLS Energy

Venture Round in 2014
FLS Energy opened its doors in 2006 and since then has successfully developed nearly 100 solar energy projects! Our talented industry certified teams offer complete in-house system design, engineering, and turnkey project development. As a client of FLS, you are guaranteed to receive the same high level of excellence the market has come to expect from FLS Energy associates

SunEdison

Private Equity Round in 2013
SunEdison is your trusted partner for innovative, intelligent energy solutions around the globe. We have built our business by putting our customers first, and focusing on addressing each customer's unique solar energy needs. Through our integrated service approach, we partner with you, help you navigate your way through the solar landscape and offer uniquely tailored solutions and flexible financing.

SunEast Development

Private Equity Round in 2012
SunEast Development LLC, founded in 2012 and based in Old Saybrook, Connecticut, specializes in the development and management of solar energy projects across the United States. The company provides comprehensive services throughout the solar development process, including site assessment, land origination, project design, interconnection, permitting, off-take contracting, and site engineering. SunEast collaborates with prominent industry partners, including Fortune 10 utility subsidiaries and major international utilities, to facilitate clean energy projects. By leveraging its expertise, SunEast aims to enhance solar energy access and support the transition to renewable energy sources.