NewGen Energy
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NewGen Energy - overview
Established
2017
Location
-, CA, US
Primary Industry
Renewable Energy
About
Founded in 2017 and based in California, US, A2B Development, LLC, trading under the name NewGen Energy, operates as a provider of various energy services and facility management solutions for commercial, agribusiness, residential, and non-profit organizations. In December 2022, Mars Equity Partners invested in NewGen Energy. As of 2023, the company is led by its CEO, Abe Emard, and has installed more than 60 megawatts, partnering with companies like Tesla, Canadian Solar, SunGrow, Enphase, and many more. The company offers various renewable energy solutions that include cleanings and inspections, utility bill auditing and management, and performance assurance monitoring used for monitoring system performance.
The company’s service portfolio includes SolarCare+, Repower+, EV charging, builder services, rebates, incentives, financing, and many more used for energy savings analysis. The company plans to use the December 2022 funding to maximize its alternative solar energy solutions for various clients.
Current Investors
Mars Equity Partners
Primary Industry
Renewable Energy
Sub Industries
Power Generation Equipment & Services, Solar Power
Website
www.newgenenergy.com
Verticals
AdTech, Clean Technology
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
NewGen Energy - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | NewGen Energy | - |
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NewGen Energy - employee data
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