sPower (Utah) Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 2,500

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 9

  • Investments
  • 13

sPower (Utah) General Information

Description

Operator of an energy company focused on owning and operating renewable generation systems across the United States. The company owns and operates wind, solar and storage portfolio and also provides construction and operation management services, payments to landowners and revenues for local government, helping reduce carbon emissions and delivering affordable, reliable and sustainable energy to ratepayers.

Contact Information

Website
www.sPower.com
Formerly Known As
Sustainable Power Group
Ownership Status
Acquired/Merged
Financing Status
Private Equity-Backed
Corporate Office
  • 2180 South 1300 East
  • Suite 600
  • Salt Lake City, UT 84106-2749
  • United States
Primary Industry
Energy Production
Other Industries
Energy Infrastructure
Acquirer
AES
Vertical(s)
CleanTech, Infrastructure
Corporate Office
  • 2180 South 1300 East
  • Suite 600
  • Salt Lake City, UT 84106-2749
  • United States

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sPower (Utah) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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sPower (Utah) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an energy company focused on owning and operating renewable generation systems across the United States. The
Energy Production
Salt Lake City, UT
2,500 As of 2017

Charlottesville, VA
 

El Dorado Hills, CA
 
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sPower (Utah) Competitors (11)

One of sPower (Utah)’s 11 competitors is Apex Clean Energy, a Private Equity-Backed company based in Charlottesville, VA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Apex Clean Energy Private Equity-Backed Charlottesville, VA
Avantus Private Equity-Backed El Dorado Hills, CA
Invenergy Private Equity-Backed Chicago, IL
National Grid Renewables Formerly VC-backed Bloomington, MN
Strata Clean Energy Private Debt Financed Durham, NC
You’re viewing 5 of 11 competitors. Get the full list »

sPower (Utah) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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sPower (Utah) Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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sPower (Utah) Investments & Acquisitions (13)

sPower (Utah)’s most recent deal was a Buyout/LBO with National Grid Renewables (Nine Solar Projects). The deal was made on 10-Dec-2020.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
National Grid Renewables (Nine Solar Projects) 10-Dec-2020 Buyout/LBO Other Energy
Idaho Solar 1 Project 24-Sep-2018 Buyout/LBO Other Energy
Wind power Project (Monticello) 22-Jun-2015 Buyout/LBO Other Energy
FLS Energy (162 MW Solar Assets) 11-Mar-2015 Buyout/LBO Other Energy
FLS Energy (63.1MWdc Solar Assets) 11-Mar-2015 Buyout/LBO Other Energy
You’re viewing 5 of 13 investments and acquisitions. Get the full list »

sPower (Utah) FAQs

  • When was sPower (Utah) founded?

    sPower (Utah) was founded in 2012.

  • Where is sPower (Utah) headquartered?

    sPower (Utah) is headquartered in Salt Lake City, UT.

  • What is the size of sPower (Utah)?

    sPower (Utah) has 2,500 total employees.

  • What industry is sPower (Utah) in?

    sPower (Utah)’s primary industry is Energy Production.

  • Is sPower (Utah) a private or public company?

    sPower (Utah) is a Private company.

  • What is sPower (Utah)’s current revenue?

    The current revenue for sPower (Utah) is .

  • How much funding has sPower (Utah) raised over time?

    sPower (Utah) has raised $463M.

  • Who are sPower (Utah)’s investors?

    Fir Tree Partners, Titan Grove, and Wells Fargo have invested in sPower (Utah).

  • Who are sPower (Utah)’s competitors?

    Apex Clean Energy, Avantus, Invenergy, National Grid Renewables, and Strata Clean Energy are some of the 11 competitors of sPower (Utah).

  • When was sPower (Utah) acquired?

    sPower (Utah) was acquired on 01-Jan-2021.

  • Who acquired sPower (Utah)?

    sPower (Utah) was acquired by AES and Silverado Power.

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