Recurrent Energy Overview
- Year Founded
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2006
- Status
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Acquired/Merged
- Employees
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784
- Latest Deal Type
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Project Financing
- Financing Rounds
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12
- Investments
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9
Recurrent Energy General Information
Description
Developer of utility-scale solar and energy storage projects that are intended to deliver competitive, clean electricity to large energy buyers. The company handles all stages of the project development lifecycle, from siting, design, interconnection, permitting, and procurement to power marketing, financing, construction, and asset management, and screens projects for potential fatal flaws that would impede viability and cost competitiveness.
Contact Information
Website
www.recurrentenergy.com(Operating Subsidiary)
Corporate Office
- 98 San Jacinto Boulevard
- Suite 750
- Austin, TX 78701
- United States
Corporate Office
- 98 San Jacinto Boulevard
- Suite 750
- Austin, TX 78701
- United States
Recurrent Energy Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Recurrent Energy Comparisons
Industry
Financing
Details
Recurrent Energy Competitors (16)
One of Recurrent Energy’s 16 competitors is Cypress Creek Renewables, a Private Equity-Backed company based in Santa Monica, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cypress Creek Renewables | Private Equity-Backed | Santa Monica, CA | ||||
| Sunnova Energy | Formerly PE-Backed | Houston, TX | ||||
| Renewable Energy Systems | Private Equity-Backed | Kings Langley, United Kingdom | ||||
| Primergy Solar | Private Debt Financed | Oakland, CA | ||||
| Valorem | Private Equity-Backed | Begles, France |
Recurrent Energy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Recurrent Energy Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Recurrent Energy Investments (9)
Recurrent Energy’s most recent deal was a Buyout/LBO with Bester New Energy Italia. The deal was made on 05-Aug-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Bester New Energy Italia | 05-Aug-2024 | Buyout/LBO | Other Energy Services | ||
| Recurrent Energy (A Portfolio of Solar PV with 420 Megawatts located in Carmona) | 20-Mar-2024 | Buyout/LBO | Other Energy | ||
| Black Mountain Energy Storage (2 Energy Storage Projects in South Load Zone, Texas) | 16-Jun-2022 | Corporate Asset Purchase | Other Energy | ||
| Fosse Green Energy | 04-Jun-2021 | Joint Venture | Energy Production | ||
| Recurrent Energy (144-MW East Blackland Alternating Current Solar Project in Travis County, Texas) | 18-Aug-2020 | Corporate Asset Purchase | Other Energy |
Recurrent Energy Exits (1)
Recurrent Energy’s most recent exit was on 01-Jan-2016 from Recurrent Energy (Mustang Solar Project in Lemoore). The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Recurrent Energy (Mustang Solar Project in Lemoore) | 01-Jan-2016 | Completed |
|
Recurrent Energy FAQs
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When was Recurrent Energy founded?
Recurrent Energy was founded in 2006.
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Where is Recurrent Energy headquartered?
Recurrent Energy is headquartered in Austin, TX.
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What is the size of Recurrent Energy?
Recurrent Energy has 784 total employees.
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What industry is Recurrent Energy in?
Recurrent Energy’s primary industry is Energy Infrastructure.
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Is Recurrent Energy a private or public company?
Recurrent Energy is a Private company.
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What is Recurrent Energy’s current revenue?
The current revenue for Recurrent Energy is .
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How much funding has Recurrent Energy raised over time?
Recurrent Energy has raised $904M.
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Who are Recurrent Energy’s investors?
Hudson Sustainable Investment Management, JEM Partners, Mohr Davidow Ventures, Morgan Stanley Expansion Capital, and Sharp are 5 of 6 investors who have invested in Recurrent Energy.
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Who are Recurrent Energy’s competitors?
Cypress Creek Renewables, Sunnova Energy, Renewable Energy Systems, Primergy Solar, and Valorem are some of the 16 competitors of Recurrent Energy.
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When was Recurrent Energy acquired?
Recurrent Energy was acquired on 20-Aug-2024.
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Who acquired Recurrent Energy?
Recurrent Energy was acquired by Canadian Solar.
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