NuGen Awarded Advancing Commonwealth Energy Storage (ACE) Grant

NuGen Capital Management, LLC (NuGen) is pleased to announce the award of the energy storage grant provided by the Baker-Polito administration's Energy Storage Initiative (ESI) Advancing Commonwealth Energy Storage (ACES) program. The grant is funded by the Department of Energy Resources (DOER) through Alternative Compliance Payments (ACP) and administered by the Massachusetts Clean Energy Center. NuGen is one of 26 energy storage projects within the state to be provided a total of $20 million in grants.  

"We are pleased to be part of the growing demand and interest in energy storage solutions needed/required for the 21st century," said David Milner, the CEO of NuGen Capital Management. "We look forward to working with the State of Massachusetts, Unitil and the local community to be amongst the first investors in utility scale battery storage projects in New England. We have made a corporate commitment to invest in more energy storage projects over the coming months and years."

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