Nelnet Acquires GRNE Solar (GRNE Solutions)

BlackRock Real Assets Acquires National Renewable Solutions

August 18, 2021

Energy

BlackRock Real Assets has acquired 100% of National Renewable Solutions (NRS), a Minneapolis-based developer of utility-scale wind and solar projects, to accelerate development and ownership of NRS’s project pipeline of more than 3.5 GW across the Western United States. Terms were not disclosed; the deal pairs NRS’s on-the-ground development expertise and >1 GW of developed projects with BlackRock’s capital markets capabilities and global renewable power platform.

ALLETE Acquires New Energy Equity

April 15, 2022

Renewable Energy

ALLETE, Inc. (NYSE:ALE) has closed its acquisition of New Energy Equity, a distributed and community solar developer based in Annapolis, Maryland, for approximately $165.5 million. New Energy Equity has completed more than 250 distributed solar projects totaling over 330 MW and brings a ~2 GW development pipeline across 26 states; the company's management team and headquarters will remain in place.

Nelnet Business Services Acquires Next Gen Web Solutions

April 14, 2025

Software

Nelnet Business Services, a division of Nelnet, Inc., has acquired Next Gen Web Solutions and will incorporate the company into its Nelnet Campus Commerce business line. Next Gen, headquartered in Jacksonville, Florida, provides software solutions for higher education—expanding Nelnet's product suite for form building, financial aid exception processing, verification, scholarship management, and work-study administrative support.

Nuveen Private Equity Impact Acquires Majority Stake in Ally Energy Solutions

September 30, 2025

Energy

Nuveen’s Private Equity Impact team has acquired a majority interest in Ally Energy Solutions, a U.S.-based provider of turnkey energy solutions for commercial and industrial customers. The investment, the sixth for Nuveen Climate Inclusion Fund II, will support Ally’s national growth and deepen its capabilities in distributed clean energy, electrical infrastructure upgrades, and energy-efficiency projects.

Facility Solutions Group Acquires Greenleaf Energy Solutions

January 30, 2024

Energy

Facility Solutions Group (FSG) has acquired Greenleaf Energy Solutions, a Connecticut-based commercial solar and lighting solutions provider. The acquisition expands FSG’s renewable energy and commercial-solar capabilities, integrating Greenleaf’s team and turnkey solar services into FSG’s national lighting, electrical, and energy-efficiency platform.

Solo Acquires SolarNexus

September 12, 2023

Renewable Energy

Solo, a Lehi, Utah-based provider of solar sales and design software, has acquired SolarNexus, a San Francisco-based solar customer-relationship and business management software provider. The acquisition will integrate SolarNexus' CRM and operations capabilities into Solo's platform to expand product capabilities and accelerate innovation for solar installers, EPC partners and sales teams.