NineDot Energy

NineDot Energy focuses on clean energy and supports the deployment of renewable energy solutions.

CCI Score

38.37

-0.02% April 18

Latest Event

NineDot Energy Secures $40M Tax Equity Financing for NYC Battery Projects

On October 09, 2024, NineDot Energy announced the closing of its first tax equity financing of over $40 million to support seven community-scale battery energy storage projects in the New York City metro area. This financing, enabled by the Inflation Reduction Act, aims to expand clean energy solutions, enhance grid resilience, and promote environmental equity.

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DISSENTER

NineDot Energy is currently rated as a Dissenter.

+25 to +44 CCI Score

These companies are vocal in their opposition to authoritarian regimes. They publicly criticize oppressive policies and engage in advocacy efforts to promote accountability and transparency, even if their actions aren’t as extensive as those of Moral Leaders.

Latest Events

OCT

09

2024

NineDot Energy Secures $40M Tax Equity Financing for NYC Battery Projects
68.79

On October 09, 2024, NineDot Energy announced the closing of its first tax equity financing of over $40 million to support seven community-scale battery energy storage projects in the New York City metro area. This financing, enabled by the Inflation Reduction Act, aims to expand clean energy solutions, enhance grid resilience, and promote environmental equity.
+80

Business Practices and Ethical Responsibility

March 28

NineDot Energy’s successful procurement of tax equity financing represents responsible business practices by leveraging innovative funding sources to scale sustainable energy projects. This infusion not only supports renewable energy and community benefits but also bolsters environmental equity.

NineDot Energy Announces over $40 Million in Tax Equity Financing
+75

Technology and Services Impact

March 28

The financing supports the deployment of community-scale battery storage technology, which strengthens the local energy grid and contributes to sustainable urban infrastructure. This move enhances technological impact while promoting environmental justice.

NineDot Energy Announces over $40 Million in Tax Equity Financing
+60

Economic and Structural Influence

March 28

By securing a significant tax equity investment, NineDot Energy is structurally positioning itself to expand energy infrastructure across the NYC metropolitan area. This development not only improves economic resilience but also promotes broader structural investment in clean energy, an important factor in community empowerment.

NineDot Energy Announces over $40 Million in Tax Equity Financing
JAN

01

2023

NineDot Energy Lobbying Spending Revealed on OpenSecrets
7.95

OpenSecrets data shows that NineDot Energy spent $40,000 on lobbying during 2023, with details available on the lobbyists it hired. As a clean energy company, this expenditure is presumed to be aimed at advancing renewable energy initiatives and progressive regulatory measures.
+10

Political Contributions and Lobbying Efforts

March 28

NineDot Energy's lobbying expenditure of $40,000 in 2023 is being monitored for its impact on political influence. Given the company’s focus on clean energy, the lobbying is likely intended to promote progressive environmental policies rather than authoritarian or far-right interests. While any corporate political engagement raises democratic concerns, transparency in this case along with a progressive mission yields a moderately positive score from an anti-fascist perspective.

NineDot Energy Lobbyists • OpenSecrets