Deals Counterparts

New Energy Equity

company 1 Deal 2 Partners

New Energy Equity (NEE) is a national solar developer, financier, and asset owner. They specialize in developing, financing, and operating solar projects ranging from 1 MW to 20 MW+ across the United States, focusing on community solar and commercial & industrial (C&I) segments. NEE was acquired by CleanChoice Energy in 2022, continuing its mission as a subsidiary.

Get alerts when new deals involving New Energy Equity are announced — free, no spam.
Founded 2013 Parent: CleanChoice Energy
Renewable Energy DeveloperDeveloperAsset ManagerInvestor

Strategic Overview

  • Strong focus on the US community solar and C&I market segments.
  • Leverages an integrated approach covering development, financing, and asset ownership.
  • Operates as a subsidiary of CleanChoice Energy, indicating a strategic alignment with broader clean energy initiatives.

Deal Activity from Public Sources

CleanChoice Energy Acquires New Energy Equity, a leading solar developer, financier, and asset owner
Acquisition Solar PV USA February 2022 with CleanChoice Energy
Completion of a 10.8 MW community solar project in New York
Development Solar PV USA May 2023 10.8 MW
Completion of a 10.6 MW community solar project in New York
Development Solar PV USA April 2023 10.6 MW

Investment Focus

Technologies
Solar1
Geography
US1

Key People

Matthew Shaffer
CEO
Drew Price
CFO
Ahmar Zaman
COO

Track Record

500
MW Total
250
Deals Completed
11
Years Active
Notable projects: Various community solar projects in New York (e.g., 10.8 MW, 10.6 MW), Commercial & Industrial (C&I) solar projects across multiple US states

Detailed Analysis

Technologies
Solar PV
Geographies
USA
Deal Stage
GreenfieldOperating
Track New Energy Equity