# True Green Capital Management LLC

> True Green Capital Management is a renewable-energy infrastructure fund manager that finances, builds, operates, aggregates and sells distributed solar and storage assets in the United States and Europe. Its specialty is turning sub-utility-scale projects - often too small or operationally messy for large institutions to pursue one by one - into diversified portfolios backed largely by long-term power contracts.

- **Founded:** 2011
- **Headquarters:** Westport, Connecticut, United States
- **Founders:** Dr. Panos Ninios (Co-Founder and Co-Managing Partner), Bruce "Bo" Wiegand (Co-Founder and Co-Managing Partner)
- **Team size:** 30+ employees publicly stated by the company; LinkedIn displayed 56 employee profiles in 2026
- **Products:** Project equity, Developer loans, Corporate equity, Full-lifecycle asset management, Community solar infrastructure
- **Notable:** Invested more than $2.3 billion in distributed solar and storage assets across 18 U.S. states, the United Kingdom and France by June 2026., Sourced and invested in more than 120 solar and battery assets contributing over 1 GW of generation by the end of 2025., Exited roughly 400 MW across Funds I through III.

## Products & services

- **Project equity** — Direct equity for small and mid-sized solar and storage projects, supporting construction and long-term operations.
- **Developer loans** — Flexible loans for renewable-energy developers that support project execution while limiting direct development exposure.
- **Corporate equity** — Controlling investments in solar companies to support growth and secure project pipelines.
- **Full-lifecycle asset management** — Origination, diligence, financing, construction oversight, operations, analytics, maintenance, optimization and exit management.
- **Community solar infrastructure** — Shared local solar projects that allow households and businesses to subscribe without hosting panels on their own property.

## Achievements

- Invested more than $2.3 billion in distributed solar and storage assets across 18 U.S. states, the United Kingdom and France by June 2026.
- Sourced and invested in more than 120 solar and battery assets contributing over 1 GW of generation by the end of 2025.
- Exited roughly 400 MW across Funds I through III.
- Closed the oversubscribed $350 million Fund III at its hard cap in 2017.
- Closed the $660.875 million Fund IV above its $500 million target in 2022.
- Agreed to sell approximately 220 MW of distributed solar assets to Altus Power for about $293 million in 2023.
- Expanded its operating distributed-solar portfolio beyond 600 MW with a 64 MW acquisition in 2025.

## Latest updates

- **2026-06** — Acquired six operating UK solar projects totaling approximately 20.3 MW DC from two Gresham House renewable-energy VCTs.
- **2026-02** — Promoted co-founder Bo Wiegand to Co-Managing Partner and Sam Salisbury to Managing Director for European origination.
- **2025-04** — Virginia Retirement System disclosed a $100 million commitment to True Green Capital Fund V.
- **2025-04** — Fund IV acquired 62 operating solar projects totaling approximately 64 MW DC from Ecofin US Renewables Infrastructure Trust.
- **2025-01** — Elevated origination executive Adam Rasken to Partner.
- **2024-04** — Signed a Qcells partnership covering up to 450 MW of U.S. solar and grid projects.

## Links

- Website: https://www.truegreencapital.com/
- LinkedIn: https://www.linkedin.com/company/true-green-capital-management-llc
- Facebook: https://www.facebook.com/people/True-Green-Capital/100069218342026/

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Profile page: https://yespress.io/true-green-capital-management-llc
Published by YesPress — https://yespress.io
Last updated: 2026-08-17