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August 03, 2015 12:16 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Nexamp, Inc.

Company Overview

Nexamp, Inc. designs, develops, builds, owns, operates, and maintains solar energy projects in the United States. It offers community solar programs for residents, small businesses, and non-profits; land and rooftop lease arrangements or project co-development options, including technical and financial feasibility studies, design and engineering, permitting and interconnection, and financing support; solar installation services; and power purchase agreements, financing support, and ownership solutions. The company also provides project management, operations and maintenance, and power and renewable energy credits marketing services. It serves property owners and managers, energy users, solar...

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: 68
Chief Financial Officer and Operating Officer
Chief Development Officer
Compensation as of Fiscal Year 2015.

Nexamp, Inc. Key Developments

Nexamp Seeks Acquisitions

Nexamp, Inc. is looking for acquisitions. Nexamp has acquired Hancock Solar Project from EOS Ventures. Chief Executive Officer Zaid Ashai said "Acquisitions are a natural complement to our solar development, construction, and financing capabilities, and a growing part of our success as a company, Our ability to work with impressive partners like EOS at any stage of a solar project's lifecycle helps to ensure that quality projects get built and contribute to our vibrant clean energy economy. Nexamp continues to seek quality acquisitions like the EOS solar project."

Nexamp, Inc. Presents at 17th Annual MIT Venture Capital & Innovation Conference, Dec-12-2014

Nexamp, Inc. Presents at 17th Annual MIT Venture Capital & Innovation Conference, Dec-12-2014 . Venue: Royale Boston, 279 Tremont Street, Boston, MA 02116, United States. Speakers: Zaid Ashai, Director.

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.

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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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