NuGen Capital Management, a national leader in energy development and capital solutions, has announced a new $100 million investment into near-term and operating solar and storage projects across the US.
This commitment reinforces NuGen’s goal of driving clean energy deployment and delivering long-term value to communities through strategic partnerships and tailored financing solutions.
With deep expertise spanning energy, real estate, and finance, NuGen is uniquely positioned to manage every phase of clean energy development—from initial financing and tax credit optimization to construction, operations, and long-term asset management. The firm is actively seeking collaboration with developers, landowners, project owners, and operators to acquire and scale projects that support local energy resilience and sustainability goals.
NuGen currently oversees more than $250 million in diversified investments, including solar, storage, electric mobility, and real estate assets. These projects help alleviate pressure on local utilities while providing reliable, cost-effective power to municipalities, school districts, businesses, and underserved communities.
The firm’s investment offerings span project financing, equity participation, tax credit strategies, divestment opportunities, and acquisitions. With a track record of working alongside global investment firms, infrastructure developers, and public institutions, NuGen delivers customized capital solutions aligned with the unique objectives of each partner.
This additional $100 million signals NuGen’s continued commitment to accelerating the clean energy transition and supporting the next wave of scalable, community-driven energy infrastructure across the country.
KEY QUOTES:
“Since our founding in 2010, NuGen’s mission has been to accelerate America’s energy transition with impactful investment solutions and innovative asset strategies that unlock reliable and affordable new energy sources. When we invest in a project, we take pride in forging full-service, always-on relationships with our partners to ensure the unique needs of every project and every customer are being met. We look forward to building on our strong network of partners with this significant level of investment.”
Laura Frazier, NuGen’s Managing Director, Business Development & Strategy
“When NuGen buys or develops a project, it’s because we believe in its long-term value. That’s why we own and operate all the projects in our portfolio, and it’s why we’ve never sold a project to date. Our Operations & Asset Management teams have a proven approach to stabilizing distressed projects, and we are ready to bring our approach to more projects in more communities across the Northeast and around the country.”
Aaron Rust, NuGen’s Managing Director, Renewable Infrastructure
“As project owners and operators in addition to investors, we have a unique bird’s-eye perspective on what’s needed to bring complex projects to fruition, and our self-funded operation allows us to offer direct, immediate financial support to move quickly and effectively. Our message right now is simple: If you’re seeking capital to reach your project’s next stage, or if you’re looking to sell your operating project to a nimble, trusted, proven, mission-driven partner, our team at NuGen wants to hear from you.”
Nicole Verdi, NuGen’s Managing Director, Operations, Finance & Legal
