Community Energy

Radnor, United States Founded: 1999 • Age: 27 yrs Acquired By AES
Community Energy is engaged in renewable energy project development.
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About Community Energy

Community Energy is a company based in Radnor (United States) founded in 1999 by Eric Blank was acquired by AES in December 2021. It operates as a Green Energy-as-a-Service. Community Energy has raised $4.4 million across 4 funding rounds from investors including AES, OSTI.GOV and Key Equipment Finance. Community Energy offers products and services including Renewable Energy Development. Community Energy operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Cypress Creek Renewables, EDP Renewables and ReNew, among others.

  • Headquarter Radnor, United States
  • Founders Eric Blank
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Community Energy
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.4 M (USD)

    in 4 rounds

  • Latest Funding Round
    $500 K (USD), Grant

    Apr 03, 2020

  • Investors
    AES

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    AES

    (Dec 20, 2021)

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Products & Services of Community Energy

Community Energy offers a comprehensive portfolio of products and services, including Renewable Energy Development. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Renewable energy projects are developed for sustainable power generation.

People of Community Energy
Headcount 50-200
Employee Profiles 2
Employee Profiles
People
R. Brent Alderfer
Founder and Chief Executive Officer

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Teams

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Funding Insights of Community Energy

Community Energy has successfully raised a total of $4.4M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $500 thousand completed in April 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Grant — $499,999
  • First Round

    (06 Oct 2010)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2020 Amount Grant - Community Energy Valuation

investors

Oct, 2018 Amount Debt – Conventional - Community Energy Valuation

investors

Nov, 2013 Amount Series A - Community Energy Valuation Ben Franklin Technology Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Community Energy

Community Energy has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include AES, OSTI.GOV and Key Equipment Finance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Technology ecosystem growth is supported in Southeastern Pennsylvania.
Founded Year Domain Location
Impact venture capital is invested in early-stage US companies.
Founded Year Domain Location
Live pet air plants are offered for adoption to children.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Community Energy

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Community Energy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Community Energy Comparisons

Employees
+
Add Comparison
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Competitors of Community Energy

Community Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Octopus Energy, NextEra Energy, Cypress Creek Renewables, EDP Renewables and ReNew, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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domain founded_year HQ Location
Utility bill management platform is provided for tracking and billing.
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Developer of energy solutions
domain founded_year HQ Location
Solar farms are owned, developed, and financed in the USA.
domain founded_year HQ Location
Generation of wind power
domain founded_year HQ Location
Utility-scale renewable energy generation and decarbonization solutions are provided.
domain founded_year HQ Location
Renewable energy is developed, constructed, and marketed globally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Community Energy

Frequently Asked Questions about Community Energy

When was Community Energy founded?

Community Energy was founded in 1999 and raised its 1st funding round 11 years after it was founded.

Where is Community Energy located?

Community Energy is headquartered in Radnor, United States. It is registered at Radnor, Pennsylvania, United States.

Is Community Energy a funded company?

Community Energy is a funded company, having raised a total of $4.4M across 4 funding rounds to date. The company's 1st funding round was a Series A of $400K, raised on Oct 06, 2010.

What does Community Energy do?

Community Energy is involved in the development and deployment of renewable energy projects, focusing on wind and solar generation at scale in the United States. The company has been a pioneer in innovative leadership within the renewable sector for over 20 years. Its wind development business was acquired by Iberdrola Renewables in 2006, and its solar development business was acquired by AES Clean Energy in 2021, aligning with global missions to expand clean energy solutions.

Who are the top competitors of Community Energy?

Community Energy's top competitors include Octopus Energy, NextEra Energy and EDP Renewables.

What products or services does Community Energy offer?

Community Energy offers Renewable Energy Development.

Who are Community Energy's investors?

Community Energy has 6 investors. Key investors include AES, OSTI.GOV, Key Equipment Finance, Ben Franklin Technology Partners, and SJF Ventures.

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