Our Company

NuGen Capital Management, LLC was founded in 2010 by David Milner to invest in renewable energy and impact-driven enterprises that seek to improve the world. NuGen initially focused on solar energy/power, recognizing it was poised to grow rapidly and provide economic, community development and sustainability benefits. Since 2010, NuGen has grown from a solar focused company to a diverse investment platform. In addition to owning and operating over $200 million of solar projects, NuGen Go is a newly launched electric transportation investment company, NuGen Ventures invests in early and mid- stage companies and NuGen Investments invests in public markets, including SPAC IPOs, renewable energy companies and technology companies seeking to change the world. NuGen is deeply committed to social justice and social change and invests philanthropically through the RISC Fund as well as its own operating budget.

Our History

2010

NuGen’s First Developed Solar Site

NuGen Capital entered the solar industry in 2010 with White Rose Solar, less than a year after its foundation. This site was the largest rooftop in New Jersey at the time.

2010

May, 2012

NuGen Expands in NJ Market

In May of 2012, NuGen Solar expanded it’s New Jersey portfolio with two additional sites: 350 Clark & 333 RT 46. These two sites are the oldest in our current operating portfolio.

May, 2012

December, 2012

NuGen Enters MA Solar Market— 433 Purchase Solar

NuGen Solar entered the Massachusetts solar market in December, 2012. This initial site, 433 Purchase, allowed NuGen to enter the SREC I program.

December, 2012

May, 2014

Solectria’s SMARTGRID 500 Inverters Chosen for 13 MW in Massachusetts

May, 2014

July, 2014

NuGen Passes 10MW Operating Assets—651 Chase Solar

After closing multiple deals, NuGen Solar passed 10MW in operating assets after turning on 651 Chase in July, 2014.

July, 2014

July, 2014

Nexamp and NuGen Complete 2.4 Megawatt Solar Array at Massachusetts Farm

July, 2014

September, 2014

NuGen Capital Announces Completion of 10 Mega-Watt Massachusetts Solar Systems

September, 2014

December, 2014

Alpha Rho, New England’s Largest Plastic Box Manufacturer, Goes Solar

December, 2014

March, 2015

NuGen Acquires 4MW Operational Massachusetts Solar Project

March, 2015

May, 2015

Strong Future Forecast for Renewable Energy

May, 2015

June, 2015

Sherin and Lodgen Represents Boston Private Bank & Trust Company to Finance NuGen Capital in Halifax, MA Solar Project

June, 2015

July, 2015

NuGen Passes 20MW Operating Assets—Halifax Solar

NuGen Solar continued to participate in the SREC I & SREC II programs. With the launch of Halifax Solar in July, 2015, the operating portfolio surpassed 20MW.

July, 2015

February, 2016

NuGen Passes 30MW Operating Assets—Old Wardour/Vuelta

In February of 2016, NuGen Solar acquired it’s largest site duo to date. Together these systems are over 10MW and include a utility substation built by NuGen during the project. These sites increased the operating portfolio above 30MW.

February, 2016

June, 2016

NuGen is proud to be a part of the Greater Providence Chamber of Commerce as they celebrate 150 years by highlighting NuGen and other local businesses

June, 2016

April, 2017

NuGen Reaches 40MW Operating Assets—East Acres Solar

East Acres Solar was constructed in April of 2017. This is one of NuGen Solar’s more recent sites, and increased our portfolio beyond 40MW.

April, 2017

May, 2018

NuGen celebrates Earth Day by picking up local Warren litter

May, 2018

June, 2019

Bristol Landfill Solar News

June, 2019

2019

Also Energy/NuGen Press Release: “NuGen Capital Management Improves Operational Efficiency with PowerTrack Recording”

2019

July, 2020

NuGen Partners With Hope & Main to Support East Bay Families

July, 2020

December, 2020

NuGen Capital Announces Largest Single Rooftop Solar Project in Rhode Island

December, 2020

2021

NuGen Enters RI Solar Market, Set to Pass 60MW in Operating Assets

NuGen Solar is now expanding into the Rhode Island solar industry. With two confirmed projects under construction, our operating portfolio is set to quickly pass 60MW.

2021