ANNAPOLIS, Md., Jan. 16,
2024 /PRNewswire/ -- New Energy Equity LLC,
a national developer of community and commercial solar projects,
has donated $200,000 to Folds of Honor through
its Lift as We Climb Foundation.
New Energy Equity LCC has donated
$200,000 to Folds of Honor through
its Lift as We Climb Foundation.
Each year, New Energy Equity's Lift As We Climb
Foundation contributes to nonprofits aligning with the
company's mission of leaving behind a better world. Last fall, New
Energy Equity hosted its annual charity golf tournament to support
Folds of Honor, a national organization that provides educational
scholarships to the families of fallen or disabled U.S. military
members and first responders.
Through sponsorships, donations, contests and auctions, New
Energy Equity raised more than $200,000 for the nonprofit through the golf
tournament held in Queenstown,
Maryland.
"Giving back in our communities is a core value of New Energy
Equity. We are honored for the second year to support the vitally
important mission of Folds of Honor through the Lift As We Climb
Golf Tournament," said Jim Wrathall,
New Energy Equity general counsel and president of the Lift As We
Climb Foundation. "Through the generosity of our clients, partners,
and employees, we are thrilled to have far exceeded our goal and
proud to make a lasting impact through this donation in the lives
of more than 40 Folds of Honor scholarship recipients."
Air Force Lt Col Dan Rooney,
Folds of Honor founder and CEO, expressed his gratitude for the
donation.
"I am deeply thankful to the entire team at New Energy Equity,"
Rooney said. "Their selfless hard work and dedication resulted in
over 40 life-changing academic scholarships. While Folds had a
record-setting year in providing funds, the need remains great. New
Energy Equity wants to help ensure that every qualified applicant
has a chance to succeed in life."
About New Energy Equity
New Energy Equity LLC, a wholly owned subsidiary
of ALLETE (NYSE:ALE), develops, finances, operates, and
manages solar power generation assets, providing clean electricity
to commercial, industrial, municipal, and utility customers under
long-term contracts. New Energy Equity has successfully developed
over 500MW of solar projects and closed more than $1.2 billion in clean energy investments. To
learn more, visit http://www.newenergyequity.com.
About Folds of Honor
Folds of Honor is a 501(c) (3) nonprofit organization that
provides educational scholarships to the spouses and children of US
military service members and first responders who have fallen or
been disabled while serving our country and communities. Our
educational scholarships support private school tuition or tutoring
in grades K-12, tuition for college, technical or trade school and
post-graduate work, including a master's degree, doctorate, or
professional program. Funds for a second bachelor's degree or
trade/technical program certification are also available. Since its
inception in 2007, Folds of Honor has awarded over 51,000
scholarships totaling about $240 million in all 50 states. Among
the students served, 45 percent are minorities. It is rated a
four-star charity by Charity Navigator and Platinum on Candid. It
was founded by Lt Col Dan Rooney, the only-ever F-16 fighter pilot
(with three combat tours in Iraq) and PGA Professional. He is
currently stationed at Headquarters Air Force Recruiting Service
Detachment 1, at Joint Base San Antonio-Randolph, Texas. For more
information or to donate in support of a Folds of Honor scholarship
visit FoldsOfHonor.org.
Media contact:
Keri Fisher, Sr. Director of
Marketing, kfisher@newenergyequity.com
Glenn Greenspan, Director of
Public Relations, ggreenspan@foldsofhonor.org
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SOURCE New Energy Equity