OLD SAYBROOK, Conn., November 12, 2018-- SunEast Development LLC ("SunEast"), a leading developer of solar-generating projects, is pleased to announce the closing of a development capital raise from New Energy Capital Partners, LLC ("NEC"). The capital funding will support the continued development of a 105 MWAC solar portfolio acquired by SunEast in June 2018, and further accelerate the company's solar development and acquisition efforts in the eastern United States. "We were looking for an investor that shared our strategic vision for the U.S. solar markets, and we found that in NEC," said Tom Swank, President of SunEast.