Nextility is the #1 solar heating developer in the country, providing fully-constructed rooftop solar hot water and PV solutions. Generate Capital and a tax equity partner formed a SPV to own solar water heating solutions with long-term contracted hosts (e.g., multi-tenant residence properties, HOAs, and universities).
- $5M investment
- 17% IRR unlevered
- 3-year payback period
- $5M contracted pipeline
