301.807.6390

SmartPitch-NEE

Portfolio Asset

Name SmartPitch-NEE
Type Operating Company

Description

SmartPitch Ventures invests in companies that are evolving to become leaders in their industries, are focused on improving the ecosystem with their solutions and disruptive technology, and are critical to creating and shaping the next generation of key industries, including Energy, Food, Health, and Transportation.

SmartPitch has acquired the assets of a solar development company (NEE). The new entity will be run by two highly skilled executives that have most recently been in senior leadership at WGL Holdings, a Fortune 1000 diversified energy company. The management team is also making a substantial investment.

New Energy Equity (NEE) is a world-class, end to end solar development and finance company. Since opening in 2013, they have successfully completed more than 150 renewable energy projects totaling more than 145 megawatts across the US.

New Energy Equity works with the best Engineering, Procurement, and Construction (EPC) companies across the country to complete each solar project. The company has a specialized in-house team that focuses on project management and financing to ensure that their clients are getting the best and most cost-efficient project plan.