NextNRG Secures 28-Year Microgrid Power Purchase Agreement with Topanga Terrace

NextNRG -0.08%

NextNRG

NXXT

0.40

-0.08%

NextNRG Inc. has announced the execution of a 28-year Power Purchase Agreement (PPA) with Topanga Terrace Rehabilitation & Subacute Care Center, an assisted living and rehabilitation facility in Canoga Park, California. The agreement marks NextNRG's second executed microgrid PPA and includes annual rate escalators of 2%. Under the contract, NextNRG will deploy a microgrid system at the facility, consisting of approximately 350-380 kW of rooftop solar, a 250 kW / 1,000 kWh lithium-ion battery energy storage system, integration with the facility's existing natural gas generator, and intelligent controls using NextNRG's Utility Operating System (UOS) and SmartGrid AI platform. The project also involves HCAI-compliant engineering, electrical interconnection upgrades, and safety system enhancements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextNRG Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9600228-en) on December 11, 2025, and is solely responsible for the information contained therein.
This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.