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Madison Energy Infrastructure

Develops, finances, operates distributed generation assets

Overview

Madison Energy Investments develops, builds, owns, and operates distributed generation assets for commercial, industrial, and small utility-scale customers, mainly solar and other green resources that provide reliable power and savings. It manages the entire process from identifying opportunities and securing funding to construction, asset management, and ongoing operations, using in-house financial modeling, risk analysis, and customer negotiations to speed closings. The company differentiates itself with an end-to-end approach across origination, development, construction, ownership, and operation, plus a strong focus on risk management, financial modeling, and partner collaboration to maximize incentives and returns. Its goal is to accelerate the energy transition by delivering low-cost, dependable power while offering stable, predictable returns for investor partners.

Significant Headcount Growth

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About Madison Energy Infrastructure

Simplify's Rating
Why Madison Energy Infrastructure is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

EnergyFinancial Services

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$1.5B

Headquarters

New York City, New York

Founded

2019

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What believers are saying

  • Madison expects operating assets to surpass 1 GW later this fall, validating scale.
  • Its August 2025 $800 million facility and September 2026 capital plan fund rapid deployment.
  • Acquiring NextEra's DG platform expanded Madison's fleet and strengthened its customer, state, and asset mix.

What critics are saying

  • Execution risk is severe: Madison must double operating assets before 2028 while managing 1 GW buildout.
  • The 2026 Pennsylvania, Michigan, and Colorado projects expose Madison to utility, airport, and interconnection delays.
  • If hyperscaler demand softens in 2027, Madison's AI-led thesis and pipeline valuation collapse.

What makes Madison Energy Infrastructure unique

  • EQT-backed Madison combines 600-plus projects, local development, and national capital across 30-plus states.
  • Its 2026 Community Infrastructure plan targets 1 GW by 2028 with up to $2 billion.
  • Partnerships with CORE Electric, Denver International Airport, and EdgeConneX prove repeatable municipal and enterprise selling.

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Funding

Total Funding

$1.4B

Above

Industry Average

Funded Over

3 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison Coming Soon

Benefits

  • 401(k) with company match
  • Medical, dental, vision
  • Professional development stipend
  • Health Insurance
  • Unlimited Paid Time Off
  • Hybrid Work Options
  • Remote Work Options
  • Stock Options
  • Company Equity
  • Wellness Program
  • Mental Health Support
  • Phone/Internet Stipend

Growth & Insights and Company News

6 month growth

2%

1 year growth

6%

2 year growth

1%
BridgeTower Media
Oct 27th, 2026
Colorado gains authority to regulate carbon storage wells.

Colorado gains authority to regulate carbon storage wells. CORE Electric and Madison plan 50 mw battery storage at three Colorado sites. In brief: * Madison and CORE to deploy 50 megawatts battery storage * Projects use Tesla Megapack technology * Combined storage capacity of 200 megawatt-hours * Commercial operations expected by September 2027 Madison Energy Infrastructure and CORE Electric Cooperative plan to deploy 50 megawatts of battery storage across three Colorado sites, with commercial operations expected to begin by September 2027. The projects will have a combined storage capacity of 200 megawatt-hours and use Tesla Megapack technology. They represent Madison's largest distributed energy storage deployment to date and are among the first projects supported by its $50 million agreement with Tesla. The batteries will support CORE's distribution system as electricity demand grows from new development and economic expansion. "As electricity demand grows, this storage will help us manage peak demand, control power costs, and maintain reliable service," said Chris Hildred, chief energy supply officer at CORE Electric Cooperative. Hildred said the projects are moving from planning into construction. The portfolio is part of Madison's Community Infrastructure initiative, which develops distributed energy projects to help utilities meet local demand, including growth from data centers and advanced manufacturing.

New Project Media
Oct 20th, 2026
INTERVIEW: Madison Energy taps data center partnerships for 1 GW community infrastructure initiative.

INTERVIEW: Madison Energy taps data center partnerships for 1 GW community infrastructure initiative. 20 October 2026 Interview | Origination | Powered Land Proprietary This story was originally published exclusively for NPM subscribers. New Project Media (NPM) is a leading market intelligence & data platform covering US, European & APAC power, renewables & data markets and serving the development, finance, advisory & corporate community. Click here to schedule a demo or learn more. * Madison Energy is developing more than 100 sites in its USD 2bn, 1 GW community-focused infrastructure initiative * Sites are primarily storage and financed in partnership with AI companies in PJM Madison Energy Infrastructure CEO and co-founder Richard Walsh said the company is looking to "turn the tables" on how distributed generation resources work with data centers. In a recent interview with NPM, Walsh spoke about the company's Community Infrastructure initiative, which targets 1 GW of developed projects by 2028 via USD 2bn in capital and partnerships with AI companies like EdgeConneX. Walsh said Madison Energy "starts with the community and works backwards." He said the initiative enters communities to prepare the grid for data centers to come to town "on the community's terms," then reporting to data center partners how many batteries can be supported on the local grid and then developing and operating those projects. Madison Energy is developing more than 100 individual sites under the initiative - ranging from 5 MW to 20 MW, some of them front-of-meter and others behind-the-meter. He said that location "matters now more than ever, and that you can increase utilization of the grid by intelligently siting these batteries on the grid." Walsh said the projects acquired so far as part of the 1 GW goal are primarily battery energy storage, but some also have solar assets co-located with them. A majority of the projects financed in partnership with AI companies are in the PJM Interconnection territory. NPM interconnection queue data is tracking seven pre-operational projects under development by Madison Energy in the PJM territory, including several in Virginia and Pennsylvania. In total, NPM is tracking 17 pre-operational projects across PJM, MISO and other ISO territories. Under these data center partnerships, Madison Energy receives a capacity payment, which helps the company build the transmission and distribution upgrades necessary for the storage capacity and data center support. In turn, hyperscalers are able to report to utilities and RTOs that their capacity is supported through the storage assets. "And so the beauty is then that battery can be used for other things, other applications that benefit the community if it's a front-of-the-meter project, or that benefit the customer if it's a behind-the-meter battery project that the hyperscaler is claiming accreditation from," Walsh said. As a result, he said some of the contracts executed so far in the 1 GW portfolio are achieved through bilateral contracts, while others are through Power Purchase Agreements (PPAs) with local utilities. Walsh added that the PJM market has been of particular interest for storage contracts lately, though the recent decision with the Interim Resource Adequacy Service (IRAS) proposal has shaken that confidence. On October 12, the Federal Energy Regulatory Commission (FERC) denied PJM's IRAS proposal, which aimed to curtail large loads from hyperscalers when power systems are stressed in order to maintain reliability. Prior to FERC's rejection, stakeholders voiced concerns about the curtailment mechanism's design and the rules around Bring Your Own New Capacity. "That brought some uncertainty because, originally, we thought we might be able to put a battery anywhere in PJM and give a hyperscaler credit anywhere in PJM for that battery," Walsh said. "Obviously that was sort of shot down, I would say, with the IRAS ruling that PJM came out with, but... the power is with the states and the individual utilities, so we certainly like to go as local as possible there and work." If a new version of the IRAS proposal is approved, Walsh said Madison Energy remains interested in bilateral contracting with data center customers inside PJM. As for the 1 GW Community Infrastructure Initiative, Madison Energy's project pipeline is underway. The first project from that portfolio could achieve operation by early 2027. When announcing the USD 2bn initiative in September, the company said its operating portfolio is expected to surpass 1 GW later this fall and target another gigawatt by 2028, potentially doubling its footprint in two years. Walsh said Madison Energy plans to continue to announce projects related to the initiative on a near-weekly basis going forward, as the company "remains bullish" in the storage market. Last year, Madison Energy acquired NextEra Energy Resources' distributed generation development platform. The transaction included operating solar and energy storage assets and a development pipeline spanning 25 states. The company also acquired three projects from Carson Power in Illinois last month. United States State | Province 50 States + DC Data Center | Solar | Storage Related Organisations Trusted by 500+ companies including. New Project Media (NPM) is a leading data, intelligence, and events company providing business development led coverage across the US & European power and data center markets. NPM serves 450+ global development, investment, finance, advisory and corporate customers. Company. Contact info. US Address: New Project Media (NPM) 300 Witherspoon Street, Suite 201 Princeton, NJ 08542 EUR Address: New Project Media (NPM) 16 High Holborn, London, WC1V 6BX, United Kingdom APAC Address: New Project Media (NPM) SE 1702 L17 109 Pitt Street Sydney, NSW 2000 Australia IND Address: NPM Research Pvt. Ltd One International Center, 25th Floor Tower 2, Senapati Bapat Marg Prabhadevi, Mumbai, Maharashtra - 400 013 Join e-mail list. Keep up to date with free recent NPM articles, industry podcasts, event updates, and product developments Customer Support: Commercial Inquiries: EUR & APAC:

Kizhakedath Media Services Pvt. Ltd.
Sep 21st, 2026
Renewables news: Madison Energy, Tesla, AGL Energy.

Renewables news: Madison Energy, Tesla, AGL Energy. September 21, 2026 The latest renewable energy news includes announcements from Madison Energy, Tesla-powered battery project in Belgium, AGL Energy, Liddell battery energy storage, and others. Madison Energy Targets 1 GW of US Distributed Energy with Up to $2 Billion Investment Discover more renewable energy Explore Wind Energy Madison Energy Infrastructure plans to develop an additional 1 GW of distributed energy capacity across the United States by 2028, backed by up to $2 billion of capital. The EQT-backed company is targeting rising electricity requirements from data centres and other large commercial users. Its development programme will include distributed solar, battery storage and associated energy infrastructure. The 1 GW expansion target covers new capacity beyond Madison Energy Infrastructure's existing portfolio. Deployment is scheduled through 2028, giving the company roughly two years to execute the programme. The capital commitment provides a defined investment figure for building projects that can supply electricity close to customer loads rather than relying solely on utility-scale generation. Belgium Starts Construction of 2.8 GWh Tesla-Powered Battery Project Construction has started on a 2.8 GWh battery energy storage project in Belgium using Tesla storage technology. The construction milestone moves one of Europe's largest announced battery projects into physical execution. At 2.8 GWh, the facility will be capable of storing large quantities of electricity for use during periods when renewable output is lower or system demand increases. The project will use Tesla battery equipment and provide flexibility to Belgium's electricity network as additional wind and solar generation is connected. Grid-scale storage can participate in wholesale electricity markets and balancing services while absorbing surplus generation. The project's scale places it substantially above most existing European battery installations, which typically have storage capacities measured in hundreds rather than thousands of megawatt-hours. Discover more Try CAD Software AGL Commissions 500 MW Liddell Battery at Former Australian Coal Site AGL Energy has commissioned its 500 MW Liddell battery energy storage system in New South Wales, Australia. The battery has been developed at the site of AGL's former Liddell coal-fired power station, converting existing electricity infrastructure into a grid-scale storage location. Commissioning means the project has moved from construction into operational status and can now support the National Electricity Market. The 500 MW output capacity enables the battery to respond rapidly to electricity-market conditions and grid requirements. Liddell is part of AGL's programme to replace ageing thermal generation with renewable electricity, battery storage and other flexible capacity while reusing grid connections and infrastructure associated with its former coal-generation sites. Discover more Switch Energy Plans

PV Tech
Sep 21st, 2026
Madison Energy launches 1GW DER community initiative.

Madison Energy launches 1GW DER community initiative. September 21, 2026 Features, Long Reads Renewables developer Madison Energy Infrastructure has launched a 1GW distributed energy resource (DER) initiative in the US. Called the Community Infrastructure initiative, the company aims to mobilise up to US$2 billion in capital to develop a gigawatt of capacity by 2028. The 1GW DER portfolio aims to meet the growing demand for power from artificial intelligence (AI), while creating and delivering lasting benefits for communities, according to the company. The announcement builds on an ecosystem Madison has been building over the years, which combines institutional capital and national scale with local development, community engagement, utilities and market expertise to build over 600 projects across more than 30 US states. "AI requires power at a speed and scale we've never seen before, and building that infrastructure successfully requires more than capacity," said Richard Walsh, Chief Executive Officer of Madison Energy Infrastructure. "Community Infrastructure is about helping AI labs and hyperscalers show up for communities, not just in them. We've spent years cultivating the right relationships, development capabilities, and national ecosystem needed to turn that idea into local energy infrastructure at scale." The company added that even though utility-scale generation will remain essential to power this increased energy demand from data centres, it won't be enough to address the surging demand or local concerns about rising electricity prices and resource constraints. According to Madison, distributed solar and energy storage infrastructure can complement these investments by bringing new capacity online faster, cheaper and closer to where the electricity is consumed. Among the projects already underway are 50MW of standalone energy storage with not-for-profit utility CORE Electric Cooperative in Colorado; a 13MW/8.75MW solar-plus-storage project in development in Michigan; a 16MW solar PV project under construction with Denver International Airport; a 27MW offsite solar project nearing completion in Pennsylvania, or an ongoing partnership with data centre developer EdgeConneX. Moreover, the Community Infrastructure initiative aims to double the company's operational portfolio, with the company expected to surpass 1 GW of operational assets later this fall. It will also further expand the company's distributed generation (DG) assets even further. Last year, Madison acquired the DG assets of NextEra Energy Resources. A portfolio that comprises solar PV and energy storage assets across 25 states. A report from US-based electrification non-profit Rewiring America, published in September 2025, highlighted that DER, more particularly, residential solar and energy storage, could meet all the projected demand from US data centres over the next five years. The forecasted increase in power demand from data centres will not necessarily be tied only to utility-scale generation, but also to DER such as Madison's new initiative or residential solar and energy storage projects involving virtual power plants to power data centres.

PR Newswire
Sep 18th, 2026
Madison Energy Infrastructure launches 1 GW Community Infrastructure initiative.

Madison Energy Infrastructure launches 1 GW Community Infrastructure initiative. Sep 18, 2026, 09:00 ET Flagship initiative to mobilize up to $2 billion in capital to strengthen communities and bring distributed energy infrastructure to scale amid surging power demand The announcement builds on the company's projects already underway with businesses, utilities, data centers, and municipalities deploying solar and energy storage solutions NEW YORK, Sept. 18, 2026 /PRNewswire/ - Madison Energy Infrastructure ("Madison") today announced the launch of its Community Infrastructure initiative, a commitment to develop an additional 1 GW of distributed energy capacity by 2028, mobilizing up to $2 billion in capital to help meet AI's growing demand for power while creating and delivering lasting benefits for communities. AI is driving unprecedented electricity demand. Gigawatts of new data centers are being developed faster than traditional generation and transmission infrastructure can be built, intensifying pressure on an already strained grid. To date, this buildout has focused first on creating the necessary capacity to support the industry's continued growth. At the same time, communities across the country are looking for solutions that support this historic growth while delivering advantages closer to home. Madison's Community Infrastructure initiative flips this dynamic, seeking to build trust and value with communities first through distributed local infrastructure and then as aligned partners in AI's continued expansion. "AI requires power at a speed and scale we've never seen before, and building that infrastructure successfully requires more than capacity," said Richard Walsh, Chief Executive Officer of Madison Energy Infrastructure. "Community Infrastructure is about helping AI labs and hyperscalers show up for communities, not just in them. We've spent years cultivating the right relationships, development capabilities, and national ecosystem needed to turn that idea into local energy infrastructure at scale." While large-scale generation will remain essential, it cannot, alone, address surging demand or local concerns about rising electricity prices and resource constraints. Distributed solar and energy storage infrastructure complement those investments by bringing new capacity online faster, cheaper, and closer to where electricity is consumed, helping residents, businesses, and utilities manage rising costs and grid constraints. Today's announcement builds on an ecosystem Madison has spent years creating, combining institutional capital and national scale with local development, community engagement, utility relationships, and market expertise to build more than 600 projects across more than 30 states and a growing pipeline of distributed energy infrastructure serving utilities, businesses, municipalities, and data centers. Projects and partnerships already underway include: * 50 MW of standalone energy storage with CORE Electric Cooperative in Colorado to help the utility meet rising demand and emission reduction goals * 13 MW solar plus 8.75 MW energy storage project in development with the City of Niles at the Jerry Tyler Memorial Airport in Michigan to provide significant lifetime savings to the municipality * 16 MW solar project under construction with Denver International Airport to support one of the largest aviation hubs in the country * 27 MW offsite solar project nearing completion in Pennsylvania serving a national industrial client as a hedge against rising electricity prices in the PJM territory * Ongoing partnership with data center developer EdgeConneX to pair clean energy with the company's custom-built digital infrastructure "Maintaining a resilient and reliable electric system is more important than ever," said Chris Hildred, Chief Energy Supply Officer at CORE Electric Cooperative. "Partnering with Madison will allow us to deploy distributed energy storage at scale, helping enhance grid resilience, support reliability during periods of high demand, and position our system to meet our communities' future energy needs." "The buildout of AI infrastructure and data center capacity provides a unique opportunity to deliver clean energy and local benefits to communities across the country," said Andrew Brodeur, Vice President, National Real Estate and Sustainability Team Leader at EdgeConneX. "We are excited to grow our partnership with Madison and show up as a force for good in the communities we call home." Alex Darden, Head of EQT Infrastructure, Americas, said, "Power availability is increasingly the gating factor for how fast AI infrastructure can scale, and that pressure is further straining local grids. Community Infrastructure will help deliver reliable, affordable energy for communities in partnership with AI infrastructure developers as this buildout accelerates. Backing both digital and energy infrastructure companies, like EdgeConneX and Madison, gives EQT a unique vantage point on this challenge, and this initiative reflects our view that local energy needs and AI infrastructure growth are complementary, not competing, priorities." To deliver an additional 1 GW by 2028, Madison will leverage its utility relationships, market expertise, national project pipeline, and network of regional developers through AccelDev. Madison's operating portfolio is expected to surpass 1 GW later this fall. The Community Infrastructure initiative targets another gigawatt by 2028, effectively doubling the company's energy infrastructure footprint in two years. About Madison Energy Infrastructure Madison Energy Infrastructure is on a mission to modernize energy for industry and communities, where it matters most. Madison's growing ecosystem and robust portfolio are bolstered by the strength of EQT and our globally renowned capital partners. Building on its proven track record and expertise, Madison is strengthening communities and bringing distributed energy infrastructure to scale amid surging power demand. Learn more at madisonei.com/community-infrastructure. SOURCE Madison Energy Infrastructure

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