December 26, 2014 6:51 PM ET

Construction and Engineering

Company Overview of Nexamp, Inc.

Company Overview

Nexamp, Inc. provides renewable power and clean energy solutions. Its renewable energy solutions include developing, building, owning, and operating renewable energy projects, as well as energy and renewable energy certificate sales, financing, engineering, procurement, construction, asset management, land lease, development options, deal sourcing, due diligence, owner’s engineering and construction oversight, and asset management oversight. The company offers clean energy advisory services, such as performing an analysis of energy usage, developing a portfolio of energy solutions, and implementing the energy conservation measures through its Clean Energy Road Map. Its Road Map enables to as...

21 High Street

Suite 209

North Andover, MA 01845

United States

Founded in 2006

Phone:

978-688-2700

Fax:

978-416-2525

Key Executives for Nexamp, Inc.

Co-Chief Executive Officer and Director
Age: 57
Co-Chief Executive Officer
Age: 55
Co-Founder
Co-Founder and Chairman
Age: 67
Co-Founder and Senior Vice President
Compensation as of Fiscal Year 2014.

Nexamp, Inc. Key Developments

Nexamp and NuGen Complete 2.4 Megawatt Solar Array at Massachusetts Farm

Nexamp and NuGen Capital Management marked the first month of operation of its 2.4 megawatt solar facility at Fairview Farms in Whately, Massachusetts. The project will provide a consistent source of income to the multi-generational family farm that hosts the array as well as substantial energy savings for the University of Massachusetts Amherst. Nexamp developed, designed, constructed and will operate the 8,129-panel ground-mounted array, which was built on marginal farmland. NuGen Capital Management owns the project. The project will also produce enough electricity annually to power nearly 400 homes while generating net metering credits that will provide long-term energy savings to the University of Massachusetts Amherst. The university has agreed to purchase the net metering credits for this project, as well as another 1.5 MW generated from a second Nexamp developed, designed and constructed solar project at a farm in Hadley, MA. Combined, these two projects are expected to save the University approximately $1.5 million over the first 20 years of operation. Competitive Energy Services advised UMass Amherst on the Whately and Hadley solar projects.

Mohegan Council Boy Scouts Partner with Nexamp to Complete One of the Largest Solar Projects in New England

Nexamp and Mohegan Council, Boy Scouts of America announced the start of operations of the 6 megawatt solar facility at the Treasure Valley Scout Reservation in Rutland, Mass. The project -- among the large solar arrays in New England -- will provide a steady source of income for the Boy Scouts as well as substantial savings for local municipalities. This project was made possible with the help of adult volunteers who saw the opportunity to bring solar energy to the scouts. They found Nexamp and shepherded this initiative from great idea through to operational facility. The Mohegan Council Boy Scouts will use the income generated from the project to maintain and improve facilities, campsites, and equipment for their ever-expanding educational programs. Mohegan Council has also seized the opportunity to use the solar facility as a teaching tool in the alternative energy modules for 5(th) grade science, technical high schools and Boy Scouts of America's STEM NOVA program.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 19, 2014
Broadway Renewable Strategies, 4.4 Megawatt Solar Asset Portfolio in Massachusetts
 

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