NineDot Energy

NineDot Energy

Designs and manages community-scale energy projects

About NineDot Energy

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

Industries

Industrial & Manufacturing

Energy

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$1B

Headquarters

Wilton, Maine

Founded

2015

Overview

NineDot Energy develops community-scale distributed energy projects in the New York City area (including Westchester and Long Island) to improve local grid reliability and resilience while lowering emissions and saving money. Its work covers designing, constructing, and managing energy systems that deliver energy sales and grid services to clients such as urban communities, local governments, and businesses. The company differentiates itself through its focus on neighborhood-scale assets, deep local expertise, and end-to-end project execution that combines economics with resilience. Its goal is to advance the energy transition by building practical, scalable clean-energy solutions that strengthen the grid, reduce carbon, and create value for communities and partners.

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Simplify's Take

What believers are saying

  • Secured $431M Natixis financing for 28 projects delivering 124MW by 2027.
  • Raised over $1B total funding, targeting 400MW operational by end-2026.
  • Projects enrolled in NY Solar for All, contributing $60M to affordability.

What critics are saying

  • Con Edison delays block 60+ projects in interconnection queue within 6-12 months.
  • Tesla Megapack shortages halt procurement with 12-18 month lead times.
  • VDER incentive cuts by NY State eliminate project economics in 12-24 months.

What makes NineDot Energy unique

  • NineDot Energy leads community-scale BESS development in NYC metro area.
  • Projects integrate solar canopies, V2G, and Stem's Athena AI platform.
  • Focuses on high-need urban grid areas like Bronx and Staten Island.

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Funding

Total Funding

$1B

Above

Industry Average

Funded Over

2 Rounds

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

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Wellness Program

Hybrid Work Options

Company News

Benzinga
Feb 9th, 2026
NineDot Energy secures $431M financing for 28 battery storage projects in New York City

NineDot Energy has secured $431 million in debt financing led by Natixis Corporate & Investment Banking to construct 28 battery energy storage projects across New York City. The facilities will deliver 124 MW and 494 MWh of capacity, sufficient to power over 100,000 households during peak summer demand. The financing comprises a construction-to-term loan, tax-credit-transfer bridge loan and letter-of-credit facility. Projects will reach commercial operation through end-2027 and are expected to create over 3,000 jobs whilst generating nearly $3.5 billion in economic output. All projects are enrolled in New York's Statewide Solar for All programme, which will contribute over $60 million to energy affordability initiatives over 10 years. NineDot has now raised over $1 billion and aims to achieve 400 MW of battery storage by end-2026.

Business Wire
Oct 13th, 2025
NineDot Energy Announces $175 Million Corporate Debt Facility from Deutsche Bank

NineDot Energy ®, the leading developer of community-scale battery energy storage systems (BESS) in the New York City metro area, today announced the company...

Barchart
Oct 9th, 2025
NineDot Energy Secures $175M Debt Facility

NineDot Energy, a leader in community-scale battery energy storage in NYC, secured a $175 million revolving debt facility from Deutsche Bank. This financing will support NineDot's development activities, including grid interconnection, equipment procurement, and project construction. With seven projects already operating and over 60 in development, NineDot aims for 400MW by 2026. The funding highlights the importance of battery storage in enhancing NYC's energy resilience and sustainability.

Business Wire
Jan 23rd, 2025
NineDot Energy Announces $65 Million Equipment Financing

NineDot Energy®, the leading developer of community-scale battery energy storage systems (BESS) in the New York City metro area, today announced the c

Business Wire
Jan 10th, 2024
NineDot Energy Raises $225 Million in Equity Financing to Build and Operate Distributed Battery Energy Storage Projects

NineDot Energy®, the leading developer of community-scale battery energy storage systems (BESS) in the New York City metropolitan area, today announce

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