About Nelnet Renewable Energy

Nelnet Renewable Energy began from Nelnet, a company that started 40-plus years ago with a purpose to serve our customers and communities. Over the years, our corporate color green has taken on new meaning as we’ve applied multiple capabilities to our passion for supporting a transition to renewable energy. Learn more about who we are, what we do – and the many ways we can help you achieve your sustainability and financial goals.

Nelnet Renewable Energy By the Numbers

Nelnet Renewable Energy is proud to be a Nelnet company. Founded over 45 years ago, Nelnet is a publicly traded (NYSE: NNI), investment-grade company offering a diverse set of solutions across a wide range of markets and industries. Our involvement in renewable energy began in 2018 with a commitment to fund over $142 million for the building of solar energy projects via tax equity financing. Since then, our commitment grew, leading us to develop a new brand, Nelnet Renewable Energy, offering a range of renewable energy solutions, including a solar tax equity co-investment platform and a venture capital investment team focused on supporting renewable energy innovation. In 2022, we acquired leading engineering, procurement, and construction firm GRNE Solar, enabling us to offer expert commercial and small utility-scale installation services.

40 +

Years of Service Expertise

We’re a purpose-driven company founded on one simple idea: serving our customers and communities.

$ 1 B

In Solar Projects Facilitated by Nelnet

Since 2018, we’ve facilitated the construction and operation of nearly $1 billion in solar projects nationwide.

317 MW

Project Portfolio

Nelnet’s current total project portfolio nationwide totals 317 megawatts and over $87 million.

Our Leadership

Nelnet Renewable Energy’s leadership team represents the broad expertise we offer in serving diverse areas within the renewable energy industry. Our leaders share a commitment to driving the renewable energy transition, meeting client needs, and creating exceptional customer experiences.

Scott Gubbels

Executive Director of Corporate Tax at Nelnet Renewable Energy

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Scott Gubbels is President of Nelnet Renewable Energy and Executive Director of Corporate Tax at Nelnet. Scott worked as a certified public accountant before joining Nelnet to lead their corporate tax department when the company went public in 2003. He has managed all tax considerations for more nearly 60 acquisitions, and his team has created significant, tangible value through tax planning, compliance, and controversy defense. Beginning in 2018, Scott started and continues to lead Nelnet’s Renewable Energy group and its various divisions. This group’s vision is “powering the dreams of the next generation.” This segment includes the investment in solar tax equity funding and portfolio management in excess of $600 million; a growing co-investor platform; a solar engineering, procurement, and construction company with eight offices focused on commercial installation; and CleanTech innovation.

Jim Kruger

Executive Director of EPC

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Jim Kruger is Nelnet’s Chief Financial Officer, a role in which he is responsible for corporate accounting and tax, financial reporting, investor relations, and people services. Kruger is also responsible for all aspects of Nelnet Renewable Energy business including construction and development activities. Previously, Kruger served as the company’s Controller from 1998-2013, where he was responsible for, among other things, the company’s accounting activities, financial statement preparation, and SEC compliance reporting. Before coming to Nelnet, Kruger worked as Senior Manager at KPMG Peat Marwick from 1986-1994, before moving to NEBHELP, which was acquired by Nelnet in 1998. Kruger received his Bachelor of Science in Business Administration from the University of Nebraska—Lincoln in 1986. He is a CPA in the State of Nebraska, and previously served on the Norris School Board of Education.

Alyssa Martin

Managing Director of Nelnet Renewable Energy Operations

Alyssa is Managing Director of NRE Operations, where she supports legal, compliance, incentives, communications, culture, and strategic initiatives teams. She graduated with honors from Harvard Law School in 2014 and previously served in Washington, DC as one of the founding members of the Consumer Financial Protection Bureau. Prior to joining Nelnet, she served as a legal/policy advisor to Lincoln, Neb. Mayor Gaylor Baird on economic development and resiliency. Alyssa joined Nelnet Renewable Energy as legal counsel in 2020. In that capacity, Alyssa has helped close many tax equity transactions for Nelnet and its co-investors, oversee the acquisition of solar construction company GRNE Solar, and establish contract templates and standard operating procedures for the solar construction, development, financing, and other organizational business lines.

Chad Hartnett

Chief Financial Officer at Nelnet Renewable Energy

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Chad is the Chief Financial Officer of Nelnet Renewable Energy. He began his professional career as a certified public accountant working in public accounting for six years, including four years at two of the Big 4. He then spent over 17 years with HDR, one of the nation’s largest engineering, architecture, and construction companies, serving as their Treasurer and Corporate Controller. After leaving HDR, Chad diversified his experience by working as a CFO for a national coffee franchisor garnering experience in franchising, private equity, and vertically integrated supply chains, and then as the CFO for a national credit reporting agency garnering experience in risk management, credit reporting, and lending. Chad is a graduate of the University of Nebraska-Lincoln with a BS in Accounting and enjoys golf, his family, and following his favorite but frustrating teams of the Nebraska Cornhuskers and Las Vegas Raiders.

Adam Rue

Managing Director at Nelnet Renewable Energy

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Adam Rue is Managing Director at Nelnet Renewable Energy, overseeing Project Management, Construction, Safety, and Operations. His career has included professional rugby, logistics management, and a wide range of Construction Management. Having built everything from custom homes to commercial and industrial buildings’ to projects as diverse as funeral homes and hospitals, Adam has found a home in the solar industry. Following his passion for the environment, he has overseen the installation of hundreds of megawatts of residential and commercial solar. Adam has also served on the board of multiple nonprofits, and continues to be active in the Illinois Solar Energy Association, Friends Of The Chicago River, and USA Rugby. On a personal level, he enjoys coaching both basketball and rugby, backpacking (and other outdoor adventures) with his wife, and watching his three kids participate in countless soccer, rugby, basketball, and drama events. Adam approaches every project by following the same path to excellence…Quality, Unity, Efficiency, Safety, and Transparency.

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Work With Us

Five-Star Service

You’ll see evidence of our commitment to serving our customers in our consultative approach, use of quality materials, and attention to creating exceptional customer experiences from start to finish.

Industry Experts

We offer our turnkey engineering, procurement, and construction services, as well as expertise in green construction, tax equity investing, asset management, and venture capital.

Vertically Integrated

With the ability to finance, develop, deploy, and manage solar energy solutions, we can support large asset owners, financiers, developers, businesses, municipalities, agriculture, schools, hospitals, and more.

I could not be prouder or more excited to execute our vision of owning and operating 1 gigawatt of solar assets by 2030.

Scott Gubbels

President, Nelnet Renewable Energy

Our Service Locations

While we have strong roots in the Midwest, our reputation for quality work and exceptional service has led to rapid expansion into other states. Learn more about our current service locations for solar services in these states.

Our Values

two individuals shaking hands

We believe in:

  • Providing superior customer experiences.

  • Creating a culture of excellence and joy.

  • Pursuing opportunities for diversification and growth.

  • Communicating openly and honestly.

  • Giving back to communities in which we live and work.

Find answers to questions you may have about Nelnet Renewable Energy.

Nelnet Renewable Energy is a company of Nelnet, a large, publicly traded diversified financial services and technology company that has been providing exceptional customer experience for 40-plus years.
  • Our solar installation team is an engineering, procurement, and construction partner that has specialized in the design and installation of solar systems for commercial and small utility-scale customers since 2012, first as GRNE Solar and now as part of Nelnet Renewable Energy.
  • As a leading solar tax equity investor, we used our expertise to create a unique co-investment platform that allows others to access the environmental and financial benefits of investing with us in renewable energy.
  • Our expert venture capital team identifies partners with and deploys capital to support CleanTech and ClimateTech innovators to accelerate a clean energy transition.
Learn more about who we are
We serve others by deploying solutions that create sustainable value. Our vision is powering the dreams of the next generation.
  • Providing superior customer experiences
  • Creating a culture of excellence and joy
  • Pursuing opportunities for diversification and growth
  • Communicating openly and honestly
  • Giving back to communities in which we live and work

Get in Touch

If you’re interested in learning more about how we can help support your sustainability or investment goals, reach out today. We’d love to talk with you.

Contact Us

The material on this website does not constitute and should not be relied on for tax, legal, investment, or accounting advice. You should consult your own tax, legal, and other professional advisors for such advice, with due consideration given to the risks of investing in renewable energy products and your own individual circumstances. The use of terms such as “may”, “will”, “should”, “expect”, “anticipate”, “target”, “project”, “estimate”, “intend”, “continue”, “believe”, or other comparable terms are not guarantees of future performance and undue reliance should not be placed on them. Due to various risks and uncertainties, actual events or results may differ.