The energy sector is abuzz with the news of NextNRG’s strategic partnership with Hudson Sustainable Group, a move that could significantly accelerate the deployment of advanced energy infrastructure across the United States. This collaboration is not just about combining resources; it’s about aligning innovation with growth capital to drive the future of energy solutions.
NextNRG, an AI-driven energy solutions provider, is set to leverage Hudson’s extensive experience in mobilising and deploying capital in renewable power, energy efficiency, and clean transport infrastructure. With a portfolio encompassing utility-scale solar, battery storage, distributed smart microgrids, and advanced charging infrastructure for electric vehicles (EVs), NextNRG is poised to scale its AI-optimised, distributed energy infrastructure at an unprecedented pace. The partnership also includes NextNRG’s proprietary Next Utility operating system, a key component in managing and optimising these energy assets.
Michael D Farkas, NextNRG’s founder and CEO, emphasised the strategic importance of this partnership. “This partnership with Hudson enhances our ability to scale AI-optimised, distributed energy infrastructure at a time when demand for smarter, more resilient power solutions is accelerating,” Farkas stated. He further highlighted the alignment of innovation with growth capital, positioning NextNRG to drive project execution, strengthen its commercial pipeline, and advance the deployment of next-generation systems. These systems are designed to reduce costs, improve reliability, and support the evolving energy needs of both today and tomorrow.
Hudson Sustainable Group, with a track record of investing over $13 billion in clean energy projects, brings a wealth of experience to the table. The company has previously backed significant global entities such as Recurrent Energy, Sunlight Financial, Powermat, and Landis + Gyr. Neil Auerbach, Hudson’s founder and CEO, expressed enthusiasm about the partnership, stating, “Michael is a pioneer in EV charging and a seasoned entrepreneur. The technology under the hood at NextNRG is breathtaking in its scope and potential. We look forward to assisting the company in monetising both its IP and downstream portfolios.”
The partnership grants NextNRG access to Hudson-led development opportunities in sectors such as fleet electrification, data centre power, and municipal energy resiliency. This collaboration is expected to leverage Hudson’s expertise in deploying capital efficiently and effectively, ensuring that NextNRG’s innovative solutions reach the market swiftly and at scale.
The execution of individual project financings and the specific terms will be subject to thorough due diligence, mutual consent, and the completion of definitive documentation. This rigorous process underscores the commitment of both parties to ensuring the success and sustainability of their joint ventures.
This strategic alliance is more than just a financial arrangement; it’s a testament to the growing recognition of the need for smarter, more resilient energy solutions. As the demand for such solutions accelerates, partnerships like this one will play a crucial role in shaping the future of the energy sector. The collaboration between NextNRG and Hudson Sustainable Group is set to spark debate and challenge norms, pushing the boundaries of what is possible in the realm of energy infrastructure. The energy sector is on the cusp of a significant transformation, and this partnership is a clear indication of the direction in which it is heading.