NextEnergy Group
NextEnergy Group was founded in 2007 to become a leading market participant in the international solar sector.
Its mission is to contribute to a more sustainable future by leading the transition to clean energy generation. Since its inception, it has been active in the development, construction, and ownership of solar assets across North America, Europe and Asia.
NextEnergy Group operates via its three business units:
- NextEnergy Capital – Investment Management
- WiseEnergy – Operating Asset Management
- Starlight – Project Development
NextEnergy Capital comprises the Group’s investment management activities. To date, NEC has invested in over 400 individual solar plants across its 5 institutional funds.
WiseEnergy is NextEnergy Group’s asset operator. WiseEnergy is a leading specialist asset operator in the solar sector. Currently, WiseEnergy provides development, construction and operating services to over 1,500 solar and battery assets with an installed capacity in excess of 2.6GW. Its asset management clients include listed solar funds (in addition to the Company), banks, private equity funds and other specialist investors.
Starlight is NextEnergy Group’s development company that is active in the development phase of solar projects. It has developed over 100 utility-scale projects internationally and continues to progress a large pipeline of c.10GW of both green and brownfield project developments across global geographies.
As an investor, the NextEnergy Group seeks to invest into ground-mounted, utility scale solar PV and energy storage projects across North America, India and Europe. Through its funds and underlying business divisions, it can also look to invest in those emerging technologies and projects that are adjacent and complimentary to its core business in the solar PV sector. This is primarily done through its NextSTEP arm. “NextEnergy Sustainable Technology for the Planet” is the new Group incubator, dedicated to the growth of innovative start-ups in the field of environmental sustainability, in partnership with Venisia and Ca’ Foscari University of Venice. NextEnergy Group have provided an initial €3m in funding.