What is Nexamp?
Nexamp is a clean energy company dedicated to making solar energy accessible and affordable. The company specializes in building and managing solar power projects, enabling residential, commercial, and community clients to benefit from solar energy without the need for on-site panel installation. By offering a comprehensive solution, Nexamp addresses the growing demand for sustainable energy alternatives and contributes to the broader transition towards a cleaner energy future. The company's business model focuses on simplifying solar adoption for a wider audience.
How much funding has Nexamp raised?
Nexamp has raised a total of $1.7B across 10 funding rounds:
Private Equity
$30.3M
Debt
$1.5M
Private Equity
$14.6M
Unspecified
$240M
Debt
$400M
Other Financing Round
$520M
Other Financing Round
$350M
Private Equity
$180M
Private Equity (2016): $30.3M supported by Rising Sun Solar, LLC
Debt (2016): $1.5M, investors not publicly disclosed
Private Equity (2017): $14.6M, investors not publicly disclosed
Unspecified (2021): $240M with participation from Generate Capital
Debt (2023): $400M led by MUFG Bank and US Bank
Other Financing Round (2024): $520M supported by Manulife Investment Management
Other Financing Round (2025): $350M featuring Macquarie Asset
Private Equity (2026): $180M, investors not publicly disclosed
Key Investors in Nexamp
Manulife Investment Management
Manulife Investment Management is a global investment management firm that provides a range of investment solutions. The firm manages assets across various sectors, including real estate and infrastructure, and is known for its long-term investment approach. Their involvement suggests a strategic focus on sustainable infrastructure and energy assets.
MUFG Bank
MUFG Bank is a leading global financial institution headquartered in Japan, offering a comprehensive suite of commercial and investment banking products and services worldwide. Their participation indicates confidence in Nexamp's financial stability and growth potential within the energy sector.
US Bank
U.S. Bank is a major multinational financial institution providing a wide array of banking, lending, payment, and investment services. Their backing of Nexamp highlights the company's robust financial standing and its role in supporting critical infrastructure development.
What's next for Nexamp?
With the recent influx of $180M in a major strategic investment, Nexamp is poised for significant expansion and innovation. This capital infusion is expected to fuel the development of new solar projects, enhance operational capabilities, and potentially explore new markets or technologies within the clean energy sector. The company's trajectory suggests a focus on scaling its impact and solidifying its position as a leader in distributed solar energy solutions. Future endeavors will likely involve strategic partnerships and continued investment in infrastructure to meet the escalating demand for renewable energy.
See full Nexamp company page