SJF Leads NewEdge Power’s Series A

August 25, 2025

SJF Ventures has led a Series A financing of NewEdge Power. The company identifies and develops sites with the potential to host next-generation power infrastructure. Current projects focus on utility-scale battery storage, community solar and utility-scale solar development across multiple power markets in the United States. The Series A investment comes at a time when a large amount of additional energy generation and capacity is needed to meet unprecedented power demand growth. NewEdge's team consists of industry veterans who have been instrumental in developing more than 13.3 gigawatts of power projects and raising more than $3 billion for renewable energy companies and projects to date. As part of the transaction, SJF Ventures will join NewEdge's board. Relevant prior renewable energy investments by SJF include Community Energy, Terabase and Nextracker.