NuGen Capital Management Commits $100 Million to Advance U.S. Solar and Storage Projects
NuGen Capital Management, LLC (NuGen), a leading national firm specializing in energy development and investment solutions, announced plans to deploy an additional $100 million into near-term and operating solar and storage projects across the United States.
The company, founded in 2010, combines expertise across energy, real estate, finance, and infrastructure to deliver end-to-end clean energy solutions. Its services cover every stage of project execution, including financing, tax credit optimization, development, construction, operations, and long-term management. NuGen is actively seeking new partnerships with developers, landowners, project owners, and operators to expand its portfolio and deliver sustainable, community-focused energy assets.
“NuGen’s mission has always been to accelerate America’s energy transition through impactful investments and innovative asset strategies,” said Laura Frazier, Managing Director of Business Development & Strategy at NuGen. “Our approach is rooted in building strong, lasting relationships with our partners to ensure every project’s unique needs are met. This new commitment reinforces our dedication to supporting clean, reliable, and affordable energy nationwide.”
NuGen currently manages more than $250 million in assets, spanning solar, storage, real estate, and electric mobility projects. Its investments provide cost-effective, dependable power for municipalities, school districts, businesses, and communities while helping to reduce strain on local utilities.
“When we acquire or develop a project, it’s because we believe in its long-term potential,” said Aaron Rust, Managing Director of Renewable Infrastructure at NuGen. “That’s why we own and operate all our projects and have never sold one. Our operations and asset management teams excel at stabilizing distressed projects, and we’re ready to extend this expertise to more communities across the Northeast and beyond.”
NuGen’s investment capabilities include project financing, equity investments, project acquisitions, divestment solutions, and tax credit strategies. Backed by a team with extensive backgrounds in global investment firms, infrastructure development, and government institutions, NuGen designs tailored financing structures to meet the specific needs of its partners.
“As both investors and operators, we bring a comprehensive perspective to the challenges and opportunities within clean energy development,” said Nicole Verdi, Managing Director of Operations, Finance & Legal at NuGen. “Because we are self-funded, we can move quickly to provide direct financial support. Our message is simple: whether you need capital to advance your project or a trusted partner to acquire and manage your operating asset, NuGen is here to help.”
With this $100 million commitment, NuGen Capital Management continues to position itself as a driving force in America’s transition to a clean energy future, offering stability, reliability, and proven expertise for partners across the energy ecosystem.
