NineDot Energy

We’re excited to announce the closing of NineDot’s first-ever tax equity financing of over $40 million. This transaction was facilitated by Monarch Private Capital, and involves seven battery storage projects in the New York City region. With this transaction, NineDot receives new equity capital, while our investing partner can use the related tax credits to reduce their future tax liabilities. With over 50 projects in development, construction and operation, NineDot will use this capital infusion to support our growing pipeline. NineDot Energy has now secured approximately $450 million to acquire, develop and operate battery storage sites across the NYC metro area. Learn more: https://lnkd.in/e9E8rd_n #EnergyStorage #ITC #CleanEnergy #Sustainability #SustainableEnergy #NYCCleanEnergy #BatteryStorage #TaxEquity

Yesterday, we had the privilege of leading a tour of one of our completed (but not yet energized) battery sites in Staten Island! Following up on Anthony Santamaria’s 'Industry Talk' at the City University of New York-College of Staten Island Island last week, we welcomed visitors from CSI as well as from New York City Economic Development Corporation and more. The students and professionals alike asked thoughtful questions — ranging from the technical details of the site to the bigger picture of the energy transition — which the NineDot team was eager to answer. #CleanEnergy #EnergyTransition #NYCCleanEnergy #CommunityEngagement #Sustainability #NineDotEnergy

We had a fantastic time Tuesday night at this year’s New York League of Conservation Voters (NYLCV) New York City Cocktail Party! We are so grateful and humbled to have been chosen as the honoree in recognition of our hard work at NineDot. With over 300 attendees, the energy in the room was electric! We heard from Adriano Espaillat and Julie Tighe about the urgent need to double down on our climate goals in New York, and our Co-founder and CTO Adam Cohen highlighted how even with a great plan, the unexpected always arises, and you need real-world experience and strong partners to navigate the challenges of an industry like ours. Adam engaged the crowd with a little song he wrote especially for the event, to the tune of Road Trippin’ by the Red Hot Chili Peppers (1999): "Road trippin’ with my NineDot allies Fully charged for the peaker plant demise It’s time to green this town, it’s time for carbon free Let’s go charge up all across the NYC Let’s go get charged, let’s go get charged" We’re thrilled to have so many great partners in our work, and we’re especially grateful for NYLCV’s strong and relentless advocacy for a more sustainable New York. #CleanEnergy #ClimatePolicy #NYLCV #EnergyTransition #EnergyStorage #Sustainability

What a high-energy NYC Climate Week this has been! The NineDot team attended some great events hosted by Canary Media Inc. and more, and took part in two gatherings that highlighted how we're bringing our expertise in stationary battery storage to new areas. On Wednesday, we had the pleasure of co-hosting a happy hour with our friends in the battery and EV industries, including NYC School Bus Umbrella Services, Inc, The AES Corporation, Transit Tech Lab, Cummins Inc., and The Mobility House. It was a great evening of conversation and collaboration. Supporting EVs and the broader electrification of transportation is critical to NYC’s energy transition and we're excited about projects we have in the works. On Thursday, we celebrated our award from The Clean Fight Energy Storage Capital Challenge, which will help fund an exciting new mobile battery project in NYC. This project features NY-manufactured batteries from Viridi — also part of the New Energy New York supply chain database — and will demonstrate the financing, permitting, and leasing of mobile batteries in dense urban areas. These batteries offer a cleaner alternative to diesel generators, reducing pollution in environmental justice communities. Even well-funded developers like us need support to pursue innovative or smaller projects, and we’re grateful to work with such committed partners and organizations as we expand beyond stationary storage into mobile batteries and electric vehicle charging. #NYCClimateWeek #EnergyStorage #CleanEnergy #BatteryStorage #Sustainability #NineDotEnergy #EVCharging #ElectricVehicles

ICYMI: NYSERDA published a case study featuring NineDot and our Bronx battery storage site! NYSERDA continues to lead the charge in transforming the State’s energy landscape, driving the transition to a cleaner, more sustainable New York. We’re proud to have worked with them to fund and build this project, the first operational community-scale Tesla Megapack site in NYC. Read more: https://lnkd.in/d3zC5JYR #CleanEnergy #EnergyStorage #Sustainability #NineDotEnergy #NYSERDA

Last week, we had the privilege of attending the FDNY Foundation Annual Dinner at the Fire Department’s training center on Randalls Island. The event gave us the chance to hear from the remarkable FDNY members who work tirelessly to keep New York safe every day. Their dedication and expertise, particularly in setting the highest safety standards for battery storage site design, continue to inspire us at NineDot as we diligently follow their lead. We were also honored to join guests from across industries, including Harvey Schwartz, CEO of The Carlyle Group and the evening's honoree. Carlyle, which provided our initial equity capital nearly three years ago, has been instrumental in our growth and mission. We left the event with a renewed sense of pride in supporting such a vital institution and the brave individuals behind it. #FDNY #FDNYFoundation #NewYorkCity #CleanEnergy #Sustainability #EnergyTransition #NYCCleanEnergy

Yesterday, our VP of Construction?Anthony Santamaria?delivered an "Industry Talk" to more than 50 students and faculty at the?City University of New York-College of Staten Island Island.?We are proud to partner with CSI as part of?The City University of New York's Inclusive Economy Initiative, and in support of the workforce development goals of?New York City Economic Development Corporation's Green Economy Action Plan. As a homegrown startup, NineDot is committed to creating and sustaining clean tech jobs here in New York City.?We look forward to continued partnership with CSI, CUNY, and other workforce partners across the city! Thanks to Nicole Bagliore for organizing. Learn more about NineDot here: https://nine.energy/

Congratulations to the New York City Economic Development Corporation on the launch of the Green Economy Advisory Council, dedicated to helping drive a just transition towards a sustainable future for all New Yorkers. We’re excited that NineDot CEO David Arfin was invited to join this cross-industry council to help support the City's decarbonization and climate goals. #NYCCleanEnergy #CleanEnergy #NYCEDC #GreenEconomy? https://lnkd.in/enY_Acqe

We had a great time at #RE+ in Anaheim last week! The show was a powerhouse, full of high-energy products and people working hard to make the energy transition happen. It was fantastic to connect (and reconnect) with so many people excited about expanding battery storage in particular. Many thanks to the organizers for hosting such a productive and professional event. If you missed us at RE+ last week, don’t worry! Reach out here to keep the conversation going: https://lnkd.in/eH6dCcJn #CleanEnergy #BatteryStorage #REPlus2024 #EnergyTransition #NewYorkCleanEnergy

We are pleased to announce that Nicholas Mack has joined NineDot Energy as our new General Counsel! Nick brings over two decades of in-house legal experience, including a decade of experience in renewable energy and significant leadership roles at both large and small companies. He has served as General Counsel for three solar companies and has had a wide-ranging career in technology and energy, including at Amazon, Spruce Power and Sungevity. Deeply committed to improving New York’s grid, Nick is passionate about making a positive impact in his hometown. Recognizing the critical role of energy storage in scaling renewables, he’s eager to support NineDot as we work towards our goals. To connect with Nick or NineDot, reach out here: https://lnkd.in/eH6dCcJn #EnergyInnovation #RenewableEnergy #NineDotEnergy #NYCEnergy #Sustainability