NextNRG Begins Pre-Construction on Two California Healthcare Microgrids

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Engineering, permitting and project planning underway as both projects move toward commercial operation Miami, FL, July 07, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (Nasdaq: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced it has commenced pre-construction on its California healthcare microgrid projects at Sunnyside Nursing Center in Torrance and Topanga Terrace in Canoga Park, marking the next phase in the development of the Company's first owned-and-operated healthcare microgrid assets, now advancing from signed agreements into active development. Together, the systems will deliver approximately 724 kW of rooftop solar generation and 1 MWh of battery energy storage. NextNRG will own, operate and maintain the systems under 28-year power purchase agreements, giving both facilities resilient, lower-cost energy and long-term cost certainty without significant upfront capital investment. Pre-construction will cover the full scope of work leading to installation, including site surveys, stamped structural and electrical drawings, HCAI-compliant permitting, equipment procurement and utility interconnection, culminating in turnkey delivery of both systems. "Moving these healthcare microgrids into pre-construction is another step in turning our long-term customer agreements into operating energy infrastructure," said Michael D. Farkas, Founder and CEO of NextNRG. "Healthcare facilities depend on uninterrupted power to protect lives, and regulators are increasingly requiring them to invest in backup capacity. That creates an enormous opportunity: thousands of facilities across the country face the same mandate, and we believe we have the best solution on the market. We're focused on the verticals where the need is non-negotiable, building assets that serve critical facilities while creating recurring revenue and long-term value for our shareholders." Healthcare facilities are under growing pressure to invest in energy resilience. California Assembly Bill 2511 (AB 2511) requires skilled nursing facilities to maintain at least 96 hours of backup power during an outage, and Florida has adopted a comparable standard for long-term care facilities. Alongside these mandates, aging grid infrastructure and rising electricity costs are pushing the global healthcare microgrid market from approximately $3.45 billion in 2024 to a projected $10.16 billion by 2033, according to industry research. Today, most facilities meet these requirements with diesel generators, which sit idle except during outages and do nothing to reduce ongoing utility costs. For commercial customers of utilities like Southern California Edison and the Los Angeles Department of Water and Power, which serve the Sunnyside and Topanga facilities, demand charges alone can account for 30 to 70 percent of the monthly electricity bill, according to NREL. NextNRG's microgrids address both problems at once, keeping facilities powered through outages while generating and storing energy on-site to reduce peak demand charges and lower utility costs.

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