Comparably Awards

Founded in 2013 and headquartered in Annapolis, Maryland, New Energy Equity develops and finances solar power generation assets, providing clean electricity to commercial, industrial, municipal, and utility customers under long-term contracts. New Energy Equity has successfully developed over 250 projects, totaling more than 460MW of solar projects since 2013. The company was ranked as the 7th largest developer on Solar Power World's "2021 Top Solar Contractors" list and was voted as one of the fastest-growing energy companies in D.C., Maryland, and Virginia by Inc. Magazine in 2020. New Energy Equity is a wholly owned subsidiary of ALLETE, Inc. (NYSE:ALE). read more

EMPLOYEE PARTICIPANTS: 65

TOTAL RATINGS: 1116

CEO: Matt Hankey

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Sustainability and Corporate Social Responsibility at New Energy Equity

Community Impact and Philanthropy

In 2020, New Energy Equity established an incentive program to reach the ambitious goals we set for the year. For each goal we met, a sum up to $25,000 would be set aside to donate to a deserving charity. This program allowed for teams within the company to advocate for their favorite charity. After each team presented their organization, we made the decision to establish a foundation where we could help multiple of the suggested organizations that help our community. Through the “Lift As We Climb Foundation”, New Energy Equity will donate a new solar system to Chesapeake Region Accessible Boating, and divide the sum of our donation between three local charitable organizations. New Energy has additionally authorized an additional day off in 2021 to volunteer for anything that benefits the Chesapeake Bay. Additionally, New Energy will donate $100 to that non-profit for every day that an employee spends with that organization.

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