Portfolio

  • gatewaycenter_1_cmyk - Ygrene

    Ygrene Energy Fund
    Sector: Energy Efficiency
    Nameplate Capacity: N/A
    Location: Santa Rosa, CA

    gatewaycenter_1_cmyk - Ygrene

    Ygrene Energy Fund


    Sector: Energy Efficiency
    Nameplate Capacity: N/A
    Location: Santa Rosa, CA
    Transaction Closed: October 2016
    Start-up: Operating

    Description: Ygrene Energy Fund is the nation's leading provider of residential, multifamily and commercial property assessed clean energy financing. The award-winning, privately funded YgreneWorks program provides immediately accessible financing with no upfront payments for energy efficiency, renewables, water conservation, and, in certain areas, hurricane protection, electric vehicle charging stations and seismic upgrades. Ygrene is committed to making it easy for property owners to invest in their future and a healthier environment. Over the next five years, YgreneWorks is expected to create tens of thousands of jobs and invest billions of dollars into local economies. Learn more at ygreneworks.com.

    Technology: Energy Efficiency (PACE approved)


  • ecoplexus-project-photo

    Ecoplexus Portfolio
    Sector: Solar
    Nameplate Capacity: N/A
    Location: North Carolina

    ecoplexus-project-photo

    Ecoplexus Portfolio


    Sector: Solar
    Nameplate Capacity: N/A
    Location: North Carolina
    Transaction Closed: September 2016
    Start-up: Operating

    Description: Ecoplexus, Inc. is a San Francisco-based developer and long-term owner of utility scale solar projects within the United States and internationally. The NEC investment is supported by a portfolio of operating solar projects. The projects have long-term contracts with investment grade utility offtakers.

    Technology: Various tier-one thin-film and mono-crystalline solar photovoltaic technology


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    Hecate Energy
    Sector: Solar and Energy Storage
    Nameplate Capacity: N/A
    Location: Chicago, Illinois

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    Hecate Energy


    Sector: Solar and Energy Storage
    Nameplate Capacity: N/A
    Location: Chicago, Illinois
    Transaction Closed: August 2016
    Start-up: Development, Construction, and Operating

    Description: Hecate Energy is a developer of power generation projects, with a current technology focus on solar and energy storage.

    Technology: Solar PV and Battery Storage


    Hecate's business model is focused on early and mid-stage development with assets sold to third parties before start of construction. The Hecate executive team has been working together since 1996 and has an extensive track record of delivering projects.

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    Pine Gate Renewables
    Sector: Solar
    Nameplate Capacity: N/A
    Location: Charlotte, North Carolina and Jacksonville, Florida

    DCIM100MEDIADJI_0144.JPG

    Pine Gate Renewables


    Sector: Solar
    Nameplate Capacity: N/A
    Location: Charlotte, North Carolina and Jacksonville, Florida
    Transaction Closed: August 2016
    Start-up: Operating

    Description: Pine Gate is a developer of solar energy facilities with development assets in markets across the United States.

    Technology: Solar PV


    The Pine Gate business model is focused on both origination and long-term ownership of solar PV projects in key markets. The team combines a track record of project origination, development, and finance and is focused on deployment of solar technology where it makes sense for landowners, communities, and investors.

  • barrett_street_16_5_mw_ground_array_2_1

    BlueWave Barrett Project
    Sector: Solar
    Nameplate Capacity: 16 MW
    Location: Oxford, Massachusetts

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    BlueWave Barrett Project


    Sector: Solar
    Nameplate Capacity: 16 MW
    Location: Oxford, Massachusetts
    Transaction Closed: June 2016
    Start-up: In Construction

    Description: BlueWave Renewables builds and owns community solar systems with a focus on the Massachusetts market. NEC invested in BlueWave's largest single solar project, expected to reach commercial operations in late 2016. The project's anchor power customers are Philips Academy Andover and Fay School.

    Technology: Solar photovoltaic panels provided by Canadian Solar, LG, and SolarWorld


    The Barrett project will provide enough energy to power 3,200 single-family homes.

  • Ridgewood system

    Natural Systems Utilities
    Sector: Water
    Nameplate Capacity: N/A
    Location: Hillsborough, New Jersey

    Ridgewood system

    Natural Systems Utilities


    Sector: Water
    Nameplate Capacity: N/A
    Location: Hillsborough, New Jersey
    Transaction Closed: June 2015
    Start-up: Operating

    Description: Natural Systems Utilities (NSU) is a distributed infrastructure development and management company providing high value, low impact water treatment, water reuse and organic waste-to-energy solutions for communities and businesses.

    Technology: NSU utilizes a variety of technologies for water treatment including natural ecological systems, advanced membrane bioreactors, and anaerobic digestors for biogas capture.


    Natural Systems Utilities designs, builds, operates and owns water treatment, water reuse, and organics waste-to-energy systems throughout North America.  NSU is active across several market segments including municipal retrofit, industrial food & beverage, large community systems, and oil produced water.  With their turnkey design, build, operate, and finance approach they provide clients with cost effective, low risk solutions to meet their water and energy resource needs.

  • DCIM100MEDIA

    Cypress Creek Renewables
    Sector: Solar
    Nameplate Capacity: N/A
    Location: Santa Monica, California

    DCIM100MEDIA

    Cypress Creek Renewables


    Sector: Solar
    Nameplate Capacity: N/A
    Location: Santa Monica, California
    Transaction Closed: March 2015
    Start-up: Operating

    Description: Cypress is a developer of solar energy facilities with development assets in markets across the United States.

    Technology: Solar PV


    The Cypress business model is focused on utility-scale ground mount projects from 2-20MW in capacity. Cypress combines extensive development experience with a deep track record of successful transactions.

  • bfe

    BioFuels Washington LLC
    Sector: Landfill Gas
    Nameplate Capacity: 4.5 MW
    Location: Washington

    bfe

    BioFuels Washington LLC


    Sector: Landfill Gas
    Nameplate Capacity: 4.5 MW
    Location: Washington
    Transaction Closed: July 2012
    Start-up: Operating

    Description: BioFuels Washington is a landfill gas-to-energy project in Pierce County, Washington. The landfill currently produces 3,500 SCFM of landfill gas, with significant growth in the gas curve expected.

    Technology: Phase I of the project employs three Caterpillar 3520 gensets to produce 4.5 MW of power. Future phases of the project are expected to utilize additional landfill gas to produce additional power or medium- to high-BTU natural gas for pipeline injection or direct fueling.


    The BioFuels Washington project has been developed by NEC in partnership with BioFuels Energy, LLC. The project has offtake agreements with Puget Sound Energy for power from the existing plant, and expects to increase power and natural gas production in the coming years. Phase I produces 35 million kilowatt hours of clean electricity annually.

    The picture shows the plant at the edge of the landfill site.

  • OLYMPUS DIGITAL CAMERA

    BIOFUELS POINT LOMA LLC
    Sector: Biogas
    Nameplate Capacity: 1,111 SCFM
    Location: California

    OLYMPUS DIGITAL CAMERA

    BIOFUELS POINT LOMA LLC


    Sector: Biogas
    Nameplate Capacity: 1,111 SCFM
    Location: California
    Transaction Closed: November 2010
    Start-up: Operating

    Description: BioFuels Point Loma cleans digester gas from the Point Loma Wastewater Treatment Plant, operated by the City of San Diego. After processing, biomethane is injected into the San Diego Gas & Electric pipeline for distribution to affiliated Trident Power fuel cell generators.

    Technology: BioFuels Point Loma uses the Air Liquide MEDAL technology and various other components in a system designed, built, and operated by SCS Engineers.


    BioFuels Point Loma is one of a limited number of facilities in California that produce biomethane, making its output important in the California power and energy markets. Annual biogas production of 220,000 MMBtu is used to make clean power at several sites it the San Diego area.

    The picture shows the gas cleanup plant on San Diego’s Point Loma.

  • BFE 036

    Trident Power
    Sector: Fuel Cell
    Nameplate Capacity: 4.5 MW
    Location: California

    BFE 036

    Trident Power


    Sector: Fuel Cell
    Nameplate Capacity: 4.5 MW
    Location: California
    Transaction Closed: November 2010
    Start-up: Operating

    Description: Trident Power owns and operates three fuel cells in the San Diego area with a total generating capacity of 4.5 MW. These fuel cells operate on gas produced by the affiliated BioFuels Point Loma project in San Diego.

    Technology: The project is made up of three Fuel Cell molten carbonate fuel cells, which were installed by the Otto H. Rosentreter Company and Snowden Electric.


    Trident power was the largest integrated fuel cell project in the United States when it was commissioned in 2011. The project has long-term offtake agreements for all power output from the fuel cells with the City of San Diego and the University of California San Diego. The three fuel cells produce 35 million kilowatt hours of electricity annually.

    The picture shows the 2.8 MW fuel cell installed at the University of California San Diego campus.

  • Celina_Solar

    SolarVision, LLC
    Sector: Solar
    Nameplate Capacity: 5 MW
    Location: Celina, Ohio

    Celina_Solar

    SolarVision, LLC


    Sector: Solar
    Nameplate Capacity: 5 MW
    Location: Celina, Ohio
    Transaction Closed: August 2012
    Start-up: Operating

    Description: Celina Solar Project I is a 5 MW (DC) solar project developed by SolarVision, LLC of Columbus, OH. The project is located on 60 acres of land at the Celina Renewable Energy Center owned by the City of Celina, Ohio.

    Technology: Phono Solar is providing .79MW of PV panels with Q-Cells North America supplying the remaining 4.2MW of solar panels and also acting as the EPC. GE is supplying the PV inverters.


    The Celina solar system will provide enough energy to power approximately 500 homes. With the PV solar array system connected to the city of Celina's own electric company, about 8 percent of the city's annual energy requirements will be fulfilled by solar energy.

    Five megawatt PV solar array in Celina, Ohio.

  • altair

    ALTAIR FUELS
    Sector: Fuels
    Nameplate Capacity: 40 MGPY
    Location: Southern California

    altair

    ALTAIR FUELS


    Sector: Fuels
    Nameplate Capacity: 40 MGPY
    Location: Southern California
    Transaction Closed: May 2013
    Start-up: Expected Q2 2015

    Description: AltAir is a renewable diesel and green jet fuel project development company focused on opportunities that seek to repurpose idle petroleum refining capacity into renewable diesel refineries. Its first project is retrofitting an existing petroleum refinery in Southern California to produce 40 million gallons per year of renewable biofuel.

    Technology: AltAir is using process technology developed by Honeywell's UOP. Utilizing this technology, the AltAir facility will be capable of in-line production of both renewable jet and diesel fuels. The facility will convert non-edible natural oils and agricultural wastes into advanced biofuels and chemicals.


    AltAir Fuels develops and operates projects for the production of low carbon fuels and chemicals derived from sustainable feedstocks. The advanced biofuels are drop-in replacements for petroleum-based fuel, requiring no modification to factory-standard engines or aircraft, with which they are fully compatible. AltAir leverages its relationships with major airlines and fuel distributors to bring its product to the highest value markets.

  • DCIM100GOPRO

    FLS ENERGY, INC.
    Sector: Solar
    Nameplate Capacity: N/A
    Location: Asheville, North Carolina

    DCIM100GOPRO

    FLS ENERGY, INC.


    Sector: Solar
    Nameplate Capacity: N/A
    Location: Asheville, North Carolina
    Transaction Closed: September 2011
    Start-up: Operating

    Description: The nation's largest installer of commercial solar hot water systems and one of the largest integrators of photovoltaic solar systems in the southeastern United States.

    Technology: Solar PV


    FLS Energy supplies turn-key solutions to clients, offering direct sales of solar systems or the opportunity to purchase solar energy through long-term contracts at competitive energy rates. FLS Energy has developed solar energy systems for leading industrial and technology companies such as SAS Institute, Prestage Foods, and Kimberly Clark; universities and colleges such as Wake Forest University, Guilford College, and Appalachian State University; and a number of governmental institutions, hotels, and other commercial enterprises throughout the Southeast. FLS Energy has also installed solar systems on more than 2000 homes for the U.S. Marines.

    The image above shows the FLS technology employed at the House of Raeford Poultry Processing Facility.

  • SMPA 121128.jpg

    CLEAN ENERGY COLLECTIVE (CEC)
    Sector: Solar
    Nameplate Capacity: N/A
    Location: Boulder, Colorado

    SMPA 121128.jpg

    CLEAN ENERGY COLLECTIVE (CEC)


    Sector: Solar
    Nameplate Capacity: N/A
    Location: Boulder, Colorado
    Transaction Closed: November 2012
    Start-up: Operating

    Description: Clean Energy Collective is the leading U.S. developer of community solar projects.

    Technology: PV solar panels used in conjunction with the CEC RemoteMeter™ system which calculates monthly credits for members and integrates with utilities' existing billing system.


    Clean Energy Collective builds, operates and maintains community based clean energy facilities. CEC's community structure opens the residential solar market to customers who cannot otherwise participate, such as renters or those with shaded rooftops, and makes it more affordable for all homeowners.

    The image above shows 4,784 CEC panels installed at SMPA Community Solar Farm, in Paradox Valley, Southwestern Colorado.

  • Cascade_1

    SUNEDISON DEVELOPMENT I
    Sector: Solar
    Nameplate Capacity: 100 MW
    Location: Southern California

    Cascade_1

    SUNEDISON DEVELOPMENT I


    Sector: Solar
    Nameplate Capacity: 100 MW
    Location: Southern California
    Transaction Closed: March 2013
    Start-up:

    Description: SunEdison is a global leader in developing, building, and operating solar energy assets, with more than 1 GW of solar projects under management. Our investment enabled SunEdison to complete development and construction of more than 100 MW of solar assets in Southern California.

    Technology: Industry-standard photovoltaic solar modules.


    New Energy Capital’s $40 million investment facilitated the development and construction of utility scale solar generating assets, including Regulus and Adobe, which were interconnected with the California grid to deliver clean renewable energy to California homeowners and businesses. The projects generate approximately 225,000 MWh of electricity each year, displacing over 100,000 tons of carbon dioxide and creating hundreds of jobs for California electrical and construction workers.

    The picture above shows a tracker installation at Regulus, one of the SunEdison I projects in California’s Central valley.

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    SUNEDISON DEVELOPMENT II
    Sector: Solar
    Nameplate Capacity: 40 MW
    Location: Southern California

    image002[1]

    SUNEDISON DEVELOPMENT II


    Sector: Solar
    Nameplate Capacity: 40 MW
    Location: Southern California
    Transaction Closed: June 2013
    Start-up: Operating

    Description: SunEdison is a global leader in developing, building, and operating solar energy assets, with more than 1 GW of solar projects under management. Our investment enabled SunEdison to complete development and construction of an additional 40 MW of solar assets in Southern California.

    Technology: Industry-standard photovoltaic solar modules.


    New Energy Capital’s $13.8 million investment facilitated the development and construction of utility scale solar generating assets, including Cascade and Orion, which were interconnected with the California grid to deliver clean renewable energy to California homeowners and businesses.

    The picture above is of an installation at Cascade, one of the SunEdison II projects.

  • albion6

    ANDERSONS ALBION ETHANOL
    Sector: Ethanol
    Nameplate Capacity: 55 MGPY
    Location: Albion, Michigan

    albion6

    ANDERSONS ALBION ETHANOL


    Sector: Ethanol
    Nameplate Capacity: 55 MGPY
    Location: Albion, Michigan
    Transaction Closed: September 2005
    Start-up: Began full operation in August 2006, Sold June 2007

    Description: 55 million gallon per year corn ethanol facility south of Lansing, Michigan

    Technology: ICM, the leading ethanol technology company was designer and general contractor


    A fifty-five million gallon ethanol production facility, currently operating at an annualized rate above sixty million gallons. This facility is located in the most productive corn growing region in Michigan and supplies ethanol to the Detroit, Toledo, Ontario, and East Coast markets.

  • clymers5

    ANDERSONS CLYMERS ETHANOL
    Sector: Ethanol
    Nameplate Capacity: 110 MGPY
    Location: Clymers, Indiana

    clymers5

    ANDERSONS CLYMERS ETHANOL


    Sector: Ethanol
    Nameplate Capacity: 110 MGPY
    Location: Clymers, Indiana
    Transaction Closed: February 2006
    Start-up: April 2007, Sold October 2007

    Description: 110 million gallon per year corn ethanol facility north of Indianapolis, Indiana

    Technology: ICM, the leading ethanol technology company was designer and general contractor


    This facility is located in a highly productive corn growing region in Indiana. Competitive advantages include 4 million bushels of on-site corn storage, unit train rail loading and unloading facilities, Norfolk Southern mainline access, and existing grain processing infrastructure. The facility is well located to provide ethanol to east coast and southeastern markets, as well as to supply Chicago, Indianapolis, and Gary, Indiana via truck.

  • OLYMPUS DIGITAL CAMERA

    ENERGY & POWER SOLUTIONS
    Sector: Cogeneration
    Nameplate Capacity: 6 MW (three projects)
    Location: Massachusetts & California

    OLYMPUS DIGITAL CAMERA

    ENERGY & POWER SOLUTIONS


    Sector: Cogeneration
    Nameplate Capacity: 6 MW (three projects)
    Location: Massachusetts & California
    Transaction Closed: May 2005
    Start-up: Q1 2007, Sold Q2 2008

    Description: Three 2 MW natural gas-fired cogeneration projects to provide electricity and thermal energy to Dean Foods dairy processing facilities in MA and CA

    Technology: Proven technology with standard GE Jenbacher reciprocating engines and heat recovery system


    These three industrial cogeneration facilities provide high efficiency power and process heat to Dean Foods dairy operations in California and Massachusetts. The facilities operate at a total efficiency rate more than 50% higher than previous supplies from the grid and on-site boilers, reducing costs and greenhouse gas emissions.

  • FASTCO

    GREENVILLE STEAM CO.
    Sector: Biomass
    Nameplate Capacity: 16 MW
    Location: Greenville, Maine

    FASTCO

    GREENVILLE STEAM CO.


    Sector: Biomass
    Nameplate Capacity: 16 MW
    Location: Greenville, Maine
    Transaction Closed: August 2005
    Start-up: Re-started in Q3 2006 (Refurbishment)

    Description: 16 MW operating wood-fired electricity generating plant in Greenville, Maine

    Technology: 1986 biomass facility refurbished with advanced fluidized combustion and control technology.


    The refurbishment and upgrade reduced plant emissions of nitrogen oxides and greenhouse gases by more than 40%, allowing Greenville Steam Company to help fill the growing demand for clean, renewable energy in the Northeast.

  • ibec12

    IROQUOIS BIO-ENERGY COMPANY
    Sector: Ethanol
    Nameplate Capacity: 40 MGPY
    Location: Rensselaer, Indiana

    ibec12

    IROQUOIS BIO-ENERGY COMPANY


    Sector: Ethanol
    Nameplate Capacity: 40 MGPY
    Location: Rensselaer, Indiana
    Transaction Closed: August 2005
    Start-up: January 18, 2007, Sold June 13, 2007

    Description: 40 million gallon per year corn ethanol facility in northwestern Indiana

    Technology: Construction by Fagen Inc., a leading ethanol plant constructor, using proven ICM technology


    The Iroquois Bio-Energy Company (IBEC), located in Rensselaer, Indiana produces ethanol from corn grown by local farmers and also produces distillers grains, a high quality feed supplement ideal for the region’s growing dairy industry. Ethanol from the plant is blended with gasoline for use in the transportation sector. By reducing gasoline use, ethanol cuts U.S. oil dependence, stimulates the nation’s farm economy, and reduces greenhouse gas emissions.

  • MAB1

    MID-ATLANTIC BIODIESEL
    Sector: Biodiesel
    Nameplate Capacity: 5 MGPY
    Location: Clayton, Delaware

    MAB1

    MID-ATLANTIC BIODIESEL


    Sector: Biodiesel
    Nameplate Capacity: 5 MGPY
    Location: Clayton, Delaware
    Transaction Closed: July 2005
    Start-up: Q1 2007, Sold 2008

    Description: 5 Million Gallons Per Year facility in Delaware

    Technology: Plant built by Fagen using De Smet Ballestra technology, a world leader in oil and fats technology that has built large biodiesel plants in Europe.


    The Mid Atlantic Biodiesel (MAB) plant was designed to produce biodiesel from multiple feedstocks. Biodiesel is an attractive fuel for the US market with the rapidly rising cost of petroleum-based diesel, tightening clean air standards, and concern about the nation’s increasing reliance on imported oil.