Portfolio Partner Profile

New Energy Capital

The New Energy Capital Infrastructure Credit Fund II (NECICF II) invests in small to mid-sized clean energy or clean infrastructure projects around the US, such as solar, energy storage, energy efficiency, wind, and water power. NECICF II is managed by New Energy Capital Partners, a fund manager with a 13-year track record of investing in clean energy infrastructure.

Featured Impact Story

NEC New Columbia Solar - Audi Field

New Columbia Solar (“NCS”) is a full‐service solar energy company based in and serving the District of Columbia. In May 2020, NCS completed construction of a 628 kWDC solar system on the canopies and rooftops of the D.C. United’s Audi Field. The newly constructed soccer stadium and subsequent rooftop solar system are consistent with the MLS’s ‘Greener Goals’ initiative.

Impact Story

New Columbia Solar

New Columbia Solar (“NCS”) is a full‐service solar energy company based in and serving the District of Columbia. In May 2020, NCS completed construction of a 628 kWDC solar system on the canopies and rooftops of the D.C. United’s Audi Field. The newly constructed soccer stadium and subsequent rooftop solar system are consistent with the MLS’s ‘Greener Goals’ initiative.

Impact Story

Greenex’s Center for Energy Education

NEC Greenex - Center for Green Education

The Center for Energy Education (the Center) is based in rural Halifax County in northeast North Carolina where the median income is just over $35,000 per year. The Center was founded by an NEC Fund V portfolio company, Geenex Solar, a solar developer focused on utility-scale solar projects. The facility provides community education, industry innovation, and workforce development to residents of Halifax County, as well as serves as a hands-on training ground for solar installation, community engagement, a destination for students and families to learn about renewable energy. The Center is also a training facility which provides the knowledge and skills needed to pursue a career in the renewable energy industry.

Photo Credit: Center for Energy Education

Impact Story

Ecoplexus

nec-ecoplexus

Ecoplexus is a leader in the development, design, engineering, construction, financing, operations and ownership of renewable energy systems for the commercial, government, and utility markets. The company provides a full suite of professional services for all stages from development to ownership.

Ecoplexus installed 10,400 PV solar panels for California’s Franchise Tax Board Complex, the state’s largest carport installation. The project covers 1,276 employee parking spaces, spans over 622,000 square feet, and generates 3.6 MW.

Impact Story

Hecate Grid

NEC Hecate Grid

New Energy Capital Partners’ portfolio has been expanding into the energy storage space. At the end of 2020, NECP’s investment companies were developing projects approximating a power rating of 1,500 MW. These projects could store up to 6.0 GWh of electricity when fully operational.

Return to Portfolio:

Sectors and Topics:

Renewable Energy

Region(s):

North America

Countries:

United States

US States:

N/A

First Year of Investment:

2018

Website:

http://www.newenergycapital.com

Social Media:

LinkedIn Page