# NextNRG NextNRG is an Asset Manager based in New York, United States. ## Overview - **Organization type:** Asset Manager - **Headquarters:** New York, United States - **Region:** North America - **Address:** New York, NY, United States - **Founded:** 2017 - **Assets under management:** Undisclosed - **Website:** nextnrgenergy.com - **LinkedIn:** https://www.linkedin.com/company/nextnrgus ## Regulatory record - **Reports private funds:** No ## About NextNRG launched in 2017 under Michael Farkas, the founder of Blink Charging, and his son Levi Farkas, who serves as CEO. The company operates from New York and positions itself at the intersection of distributed energy and mobile infrastructure. Rather than relying on a single wealthy family patron, the business was capitalized and scaled through Farkas’s own entrepreneurial liquidity and subsequent public-market vehicles, most notably the SPAC merger that took it public. NextNRG’s core proposition is replacing stationary diesel generators with its EzFill mobile fueling platform and SmartGrid microgrids that run on solar, battery storage, and hydrogen-ready assets. The firm targets three asset classes: on-site commercial power generation, mobile fueling logistics, and proprietary energy management software. Confirmed operating subsidiaries include EzFill Holdings, a mobile fuel delivery business serving commercial fleets in Florida and beyond. The firm moved its main operational center to Sunrise, Florida, reflecting a Sun Belt infrastructure focus. It participates directly in project development rather than deploying through a traditional fund structure. The Farkas family maintains tight operational control. Michael Farkas is Executive Chairman; Levi Farkas was appointed CEO to run day-to-day operations at NextNRG. The EzFill unit was taken public via a reverse merger in September 2021, creating a separately traded entity that NextNRG consolidates. In May 2023, EzFill secured a $25 million equity line of credit from an institutional investor (per the firm’s 2023 SEC filing), providing working capital for fleet expansion. No additional offices outside of Florida and New York have been disclosed. The structural differentiator is NextNRG’s dual identity as both an operating energy company and a publicly traded holding entity. Unlike a pure-play family office, it deploys capital by building and acquiring customer-facing service subsidiaries rather than committing to third-party funds. This hybrid model — an entrepreneur-controlled public company with no external limited partners — links its governance directly to shareholder returns rather than typical family-office succession planning. ## Sectors - Energy Transition & Renewables - Mobility & Transportation - Infrastructure ## People - Michael Farkas — Executive Chairman - Levi Farkas — Chief Executive Officer ## Questions ### Who runs investment and operational decisions at NextNRG? Michael Farkas, the Executive Chairman and founder, sets the strategic direction. His son Levi Farkas was appointed Chief Executive Officer to lead day-to-day operations across the energy and fuel-delivery subsidiaries. The Farkas family constellation retains voting control through majority equity stakes in both NextNRG and its publicly traded EzFill unit. ### How is NextNRG related to EzFill Holdings? EzFill is a majority-owned operating subsidiary that NextNRG took public via a reverse merger in September 2021. It represents the mobile fuel-delivery piece of NextNRG's broader strategy to displace stationary diesel generators. NextNRG consolidates EzFill's financials and provides shared management through the Farkas family. ### What specific technology does NextNRG deploy to replace diesel generators? The firm's SmartGrid microgrids pair on-site solar generation with battery storage and are engineered to be mobile — the units can be trucked to construction sites, disaster zones, or remote commercial operations. NextNRG layers on its proprietary energy management software to optimize load and dispatch. The system is designed to be hydrogen-ready as that fuel market matures. ### Where is NextNRG's physical operational footprint concentrated? Operational headquarters shifted to Sunrise, Florida, supporting the EzFill mobile fueling logistics network across that state. The corporate office remains in New York. The Sun Belt focus reflects infrastructure demand from commercial fleet operators and a regulatory environment favorable to mobile fueling services. ### Is NextNRG committing to third-party funds or only direct projects? NextNRG exclusively builds and acquires direct operating businesses. It does not participate in fund commitments or private-equity-style blind-pool vehicles. The EzFill acquisition and public listing exemplify this direct-control model rather than a limited-partner approach. ### What is Michael Farkas’s track record before NextNRG? Farkas founded Blink Charging, taking it public and building it into one of the largest electric-vehicle charging networks in the United States. He exited the CEO role at Blink in 2020. NextNRG represents his next chapter in distributed energy, shifting from charging infrastructure to on-demand power generation. ## Related profiles - [FG Merger II Corp.](https://altss.com/profile/fg-merger-ii-corp) - [Zeo Energy Corp.](https://altss.com/profile/zeo-energy-corp) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/nextnrg-inc Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology