NextNRG Partners with $13 Billion Renewable Energy Investor Hudson Sustainable Group to Accelerate U.S. Energy Infrastructure Buildout

Rhea-AI Summary

NextNRG (NASDAQ: NXXT) has formed a strategic partnership with Hudson Sustainable Group, a $13 billion renewable energy investment firm, to accelerate energy infrastructure development across the US. The Master Framework Agreement enables joint development, financing, and deployment of energy assets including utility-scale solar, battery storage, smart microgrids, and wireless EV charging infrastructure. Hudson will receive priority consideration for funding NextNRG's projects, while NextNRG gains access to Hudson-led opportunities in fleet electrification, data center power, and municipal energy resiliency. Hudson, led by former Goldman Sachs partner Neil Auerbach, brings significant experience in clean energy finance and has backed major players like Recurrent Energy and Sunlight Financial. The partnership aims to scale AI-optimized, distributed energy infrastructure to meet growing demand for smarter, more resilient power solutions.

Positive

• Partnership with a major $13 billion renewable energy investor enhances project financing capabilities
• Access to Hudson-led development opportunities in high-growth sectors like fleet electrification and data centers
• Strategic alignment with experienced clean energy financier brings credibility and expertise
• Potential to accelerate deployment and scaling of NextNRG's technology and infrastructure

Negative

• Final project financing terms still subject to due diligence and definitive documentation
• No specific funding commitments or project values disclosed
• Actual project execution timeline and scale uncertain

Insights

Renewable Energy Finance Expert

NextNRG's partnership with Hudson unlocks $13B funding pool for clean energy projects, significantly enhancing growth potential and project execution capabilities.

This strategic partnership between NextNRG and Hudson Sustainable Group represents a significant capital access milestone for NextNRG's project pipeline. Hudson brings substantial financial firepower, having mobilized over $13 billion in renewable energy investments, alongside valuable industry connections and project development expertise.

The structure as a Master Framework Agreement is particularly noteworthy - this establishes a repeatable funding mechanism rather than a one-off investment. Hudson gains priority consideration for funding NextNRG's pipeline projects, while NextNRG secures access to Hudson-led opportunities in high-growth sectors including fleet electrification and data center power infrastructure.

The partnership strategically addresses one of the primary challenges in scaling renewable infrastructure: capital intensity. By securing a relationship with an established investment firm led by former Goldman Sachs partner Neil Auerbach, NextNRG potentially reduces its capital raising friction and accelerates project deployment timelines.

For investors, this partnership substantially de-risks NextNRG's execution capabilities. The company can now focus on technology development and project origination while leveraging Hudson's financial resources for deployment. However, the caveat "subject to final due diligence" indicates individual projects still require approval, making this a framework rather than guaranteed funding for specific initiatives.

Partnership Expands Capital Access to Support Development of Solar, Battery, Microgrid, and Wireless EV Charging Projects within NextNRG’s National Pipeline

MIAMI, June 12, 2025 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy solutions revolutionizing production, management, and delivery with the Next Utility Operating System^®, smart microgrids, wireless EV charging, and on-demand mobile fuel, today announced a strategic partnership with Hudson Sustainable Group LLC, one of the most experienced investment firms in global renewable energy and climate infrastructure.

The agreement establishes a framework for NextNRG and Hudson to jointly develop, finance, and deploy a national portfolio of energy assets — including utility-scale solar, battery storage, distributed smart microgrids, wireless EV charging infrastructure, and NextNRG’s proprietary Next Utility Operating System^®.

Under the Master Framework Agreement, Hudson will receive priority consideration to fund select projects in NextNRG’s expanding national pipeline. The collaboration also provides NextNRG access to Hudson-led development opportunities in high growth sectors such as fleet electrification, data center power, and municipal energy resiliency.

Hudson Sustainable Group has mobilized and deployed over $13 billion in capital across renewable power, energy efficiency, and clean transport infrastructure and is recognized for its support of scalable, long-term energy transition projects worldwide. Led by CEO Neil Auerbach, a former Goldman Sachs partner, Hudson brings an innovative approach to clean energy finance, having backed global players such as Recurrent Energy, Sunlight Financial, Powermat and Landis + Gyr.

“This partnership with Hudson enhances our ability to scale AI-optimized, distributed energy infrastructure at a time when demand for smarter, more resilient power solutions is accelerating,” said Michael D. Farkas, Founder and CEO of NextNRG. “By aligning innovation with growth capital, we believe we’re well positioned to drive project execution, strengthen our commercial pipeline and advance the deployment of next-generation systems that can reduce cost, improve reliability, and support the evolving energy needs of both today and tomorrow.”

“We are excited to partner with NextNRG,” said Neil Auerbach, Founder and CEO of Hudson Sustainable Group. “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 monetizing both its IP and downstream portfolios.”

Execution of individual project financings and terms will be subject to final due diligence, mutual agreement, and completion of definitive documentation.

About Hudson Sustainable Group
Hudson Sustainable Group LLC is a private equity firm dedicated to investing in sustainable investments in the energy transition and the built environment. Founded in 2007, Hudson has a long-standing focus on investing in the dynamic sectors of the sustainable economy, including renewable power, energy efficiency, energy storage, sustainable transportation, and sustainable real estate. For more information, visit www.hudsonsustainable.com.

About NextNRG, Inc.
NextNRG Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging and on-demand mobile fuel delivery to create an integrated ecosystem.

At the core of NextNRG’s strategy is its Next Utility Operating System^®, which leverages AI and ML to help make existing utilities’ energy management as efficient as possible; and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs and improve grid resiliency. These microgrids are designed to serve commercial properties, healthcare campuses, universities, parking garages, rural and tribal lands, recreational facilities, and government properties, expanding energy accessibility while supporting decarbonization initiatives.

NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV, providing fuel delivery while advancing efficient energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.

To find out more visit: www.nextnrg.com

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as "expect," "intends," "will," and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

Investor Relations Contact
NextNRG, Inc.
Sharon Cohen
SCohen@nextnrg.com

FAQ

What is the strategic partnership between NextNRG (NXXT) and Hudson Sustainable Group?

NextNRG has partnered with Hudson Sustainable Group to jointly develop, finance, and deploy energy assets including solar, battery storage, microgrids, and wireless EV charging infrastructure, with Hudson receiving priority consideration for funding NextNRG's projects.

How much capital has Hudson Sustainable Group deployed in renewable energy?

Hudson Sustainable Group has mobilized and deployed over $13 billion in capital across renewable power, energy efficiency, and clean transport infrastructure projects worldwide.

What types of projects will NXXT and Hudson develop together?

The partnership will focus on utility-scale solar, battery storage, distributed smart microgrids, wireless EV charging infrastructure, and NextNRG's proprietary Next Utility Operating System.

Who leads Hudson Sustainable Group?

Hudson Sustainable Group is led by CEO Neil Auerbach, a former Goldman Sachs partner who has backed global players such as Recurrent Energy, Sunlight Financial, Powermat and Landis + Gyr.

What markets will the NXXT-Hudson partnership target?

The partnership will target high-growth sectors including fleet electrification, data center power, and municipal energy resiliency across the United States.