January 18, 2017 3:14 AM ET

Construction and Engineering

Company Overview of Nexamp, Inc.

Company Overview

Nexamp, Inc. operates as a solar contractor that designs, develops, builds, installs, owns, finances, and operates commercial-scale solar projects in the United States. The company offers asset management/operations and maintenance, power purchase agreements, and community solar solutions. It serves property owners and managers, energy users, solar facility owners, and investors. Nexamp, Inc. was founded in 2006 and is based in Boston, Massachusetts.

4 Liberty Square

Boston, MA 02109

United States

Founded in 2006

Phone:

617 431 1440

Key Executives for Nexamp, Inc.

Chairman and Chief Executive Officer
Co-Founder and Senior Vice President of Nexamp Asset Management Services
Co-Founder and Director
Age: 69
Chief Financial Officer and Operating Officer
Senior Vice President of Business Development
Compensation as of Fiscal Year 2016.

Nexamp, Inc. Key Developments

Nexamp Appoints Ben Downing, as Vice President of New Market Development

Nexamp, Inc. announced the appointment of departing Massachusetts State Senator Ben Downing as the company's Vice President of New Market Development. Mr. Downing, who has been instrumental in shaping Massachusetts' solar policy landscape during his tenure as Senate Chairman of the Joint Committee on Telecommunications, Utilities, and Energy, will focus on expanding the company's strategic development efforts across growing geographies and product lines. Notably, Downing will lead the company's entry into the burgeoning energy storage market, guiding efforts to align and implement new technologies within existing and developing national policy frameworks. Prior to joining Nexamp, Mr. Downing represented the state's Senate district, serving 52 communities across four counties in Western Massachusetts. During his decade-long tenure, Downing championed issues ranging from alternative energy deployment to reducing poverty, and supporting the expansion of civil transgender rights.

Nexamp, Inc. Announces the Completion of an 88 Kw Rooftop Solar System at Schernecker Property Services

Nexamp, announced the completion of an 88 kW rooftop solar system at Schernecker Property Services' (SPS) headquarters in Waltham, MA. The project was designed and built by Nexamp and financed by Nextility, who will own and operate the project.

Nexamp and Jiminy Peak Launch Construction of Community Solar Project in Northeast

Nexamp and Jiminy Peak Mountain Resort announced the construction launch of a 2.3 megawatt community solar facility located on 12 acres of the resort's property. Earlier this year, Nexamp acquired the development rights for the project from EOS Ventures, a renewable energy company focusing on wind, solar and cogeneration projects. The project, which is expected to come online this fall, significantly expands Jiminy Peak's renewable energy program, while extending the environmental and cost-saving benefits of solar to up to 200 neighboring homes and small businesses. By adding the new solar power facility to Jiminy Peak's existing 1.5 megawatt wind turbine, 75 kWh cogeneration unit, and extensive conservation efforts, the Resort estimates it will be able to offset 90% of its total energy needs from local renewable resources, making Jiminy Peak Mountain Resort one of the greenest resorts of its kind in the nation. Once completed, the Jiminy Peak project will represent the community solar project of its kind in the Northeast, enabling residents, non-profits and small businesses near the resort to directly benefit from the project through Nexamp's Solarize My Bill community solar program. Participants will receive 15% savings on their electricity generated by the project with no cost to enroll.

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Private Placement
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Private Placement
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