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NuGen Capital Management
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Investor in and developer of solar renewable energy projects

Founded in 2009
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Company type Private Public ()
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Industry Group energy & power

Sector energy services

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters New York, NY New York, United States
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Updated by Cleantech Group on 09/06/2021

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Date Partner Type
12/29/2010
KDC Solar KDC Solar
The companies have formed a joint venture to develop, own, and operate commercial scale solar power plants.
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Confirmed by KDC Solar
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Date Investors Type Amount
07/17/2013 Eastern Bank Eastern Bank (1)
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Eastern Bank has distributed a total of $42m in financing among NuGen Capital Management, Kearsarge Energy, and Mark Investment for the development of five solar power facilities in Massachusetts and New Jersey.
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