Company Directory - Nexamp
Company Details - Nexamp
Nexamp
WebsiteNexamp is a company specializing in solar energy solutions and renewable energy services for businesses and communities.
CCI Score
CCI Score: Nexamp
60.90
-0.03%
Latest Event
Nexamp Raises $520m for Clean Energy Expansion
Nexamp secured $520m in funding to drive its clean energy initiatives across the US, including plans for a second national headquarters in Chicago and a $2bn investment in renewable infrastructure in Illinois, along with a strategic collaboration with Heliene to support community solar projects.
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LEADER
Nexamp is currently rated as a Leader.
Latest Events
- APR112024
Nexamp secured $520m in funding to drive its clean energy initiatives across the US, including plans for a second national headquarters in Chicago and a $2bn investment in renewable infrastructure in Illinois, along with a strategic collaboration with Heliene to support community solar projects.
+70
Business Practices and Ethical Responsibility
March 28
The capital raise and subsequent planned investments demonstrate a commitment to ethical business practices by promoting renewable energy and community solar solutions. This focus on sustainable energy infrastructure supports progressive initiatives that benefit local communities and marginalized groups.
+80
Economic and Structural Influence
March 28
The significant investment, including a new headquarters and a $2bn commitment to local renewable energy infrastructure, showcases Nexamp’s impactful role in transforming the energy landscape. This strategic move not only bolsters community solar efforts but also reinforces economic structures that empower local, sustainable development, aligning with anti-authoritarian and progressive economic values.
- APR102024
Nexamp announced a $520 million capital raise led by Manulife Investment Management, with participation from Diamond Generating Corporation and Generate Capital. The funding will be used to expedite the expansion of its community solar projects and renewable energy infrastructure across the United States, supporting the creation of quality local jobs and democratizing access to clean energy.
+70
Business Practices and Ethical Responsibility
March 28
The capital infusion is a strong signal of Nexamp’s commitment to sustainable business practices and ethical responsibility. By investing in community solar projects and clean energy solutions, Nexamp is bolstering local economies, creating high-quality jobs, and contributing to a decentralized, equitable energy infrastructure.
+60
Economic and Structural Influence
March 28
The significant capital raise supports the expansion of renewable energy infrastructure, which enhances economic and structural influence by building decentralized energy systems. This model promotes community empowerment and reduces reliance on centralized power structures, aligning with progressive economic strategies.
- JUN012023
Nexamp has secured over $400 million in funding to develop 49 solar and battery storage projects across six US states. The projects, which will deliver an estimated $6.5 million in annual electricity bill savings and create nearly 2,390 jobs, are particularly significant for predominantly rural and historically underserved communities.
+60
Public and Political Behavior
March 28
The CEO's statement emphasizes the importance of accessible, sustainable clean energy for all Americans, especially underserved communities. This public communication reflects a commitment to inclusive public policies that challenge energy inequities.
+80
Business Practices and Ethical Responsibility
March 28
The secured funding supports sustainable, community-oriented solar and battery projects that generate jobs, lower energy costs, and contribute to environmental justice. These actions underscore strong ethical business practices.
+70
Technology and Services Impact
March 28
The investment in innovative solar and battery storage solutions contributes to reducing fossil fuel reliance, fostering clean energy technology, and promoting sustainable development.
+70
Economic and Structural Influence
March 28
The large-scale funding is anticipated to drive local economic growth through job creation and significant energy savings for households, thus having a positive structural impact on economically vulnerable communities.
- MAY312023
On May 31, 2023, Nexamp announced that it secured over $400 million in tax equity and debt commitments to fund 49 solar and battery storage projects across six states. The financing leverages supports from the Inflation Reduction Act to spur economic growth, create jobs, and expand affordable, clean energy access to underserved and rural communities.
+80
Business Practices and Ethical Responsibility
March 28
This financing initiative embodies strong business practices and ethical responsibility by expanding access to renewable energy and reducing energy costs for marginalized communities. The commitment to sustainable, community-focused solar projects shows a proactive approach in delivering environmental benefits alongside social equity.
Nexamp Secures More Than $400 Million in Financing to Expand Energy Equity Across Six States
+70
Economic and Structural Influence
March 28
The financing is set to boost economic and structural influence by generating over 2,300 jobs and stimulating local economies in predominantly rural regions. This investment not only advances the transition to a cleaner economy but also reinforces economic empowerment in underserved communities.
Nexamp Secures More Than $400 Million in Financing to Expand Energy Equity Across Six States
- MAY312023
Nexamp announced over $400 million in tax equity and debt commitments that will enable the construction of 49 solar and battery energy storage projects across six U.S. states. The initiative is expected to create more than 2,390 construction and operations jobs—many in rural communities—while expanding access to clean, affordable energy and lowering utility bills for up to 40,000 households.
+70
Labor Relations and Human Rights Practices
March 28
The financing is tied to the creation of over 2,390 new jobs in construction and operations, particularly benefiting rural communities. This positive business practice enhances labor relations and supports fair employment opportunities aligned with progressive, worker-friendly values.
Community solar developer Nexamp secures over $400 million in financing
+70
Economic and Structural Influence
March 28
The $400 million financing supports the development of 49 large-scale solar and battery energy storage projects across multiple states. This significantly bolsters local economies and improves access to renewable energy, demonstrating positive economic and structural influence that furthers sustainable community development.
Community solar developer Nexamp secures over $400 million in financing
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