Cypress Creek Renewables

Santa Monica, United States Founded: 2014 • Age: 12 yrs Acquired By EQT
Solar farms are owned, developed, and financed in the USA.
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About Cypress Creek Renewables

Cypress Creek Renewables is a company based in Santa Monica (United States) founded in 2014 was acquired by EQT in July 2021.. Cypress Creek Renewables has raised $200 million across 7 funding rounds from investors including Morgan Stanley, National Bank of Canada and Rabobank. The company has 294 employees as of December 31, 2020. Cypress Creek Renewables has completed 1 acquisition, including FLS Energy. Cypress Creek Renewables offers products and services including Solar Energy Projects, Energy Storage Solutions, and Operations and Maintenance Services. Cypress Creek Renewables operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Ameren, Silicon Ranch and Acciona Energy, among others.

  • Headquarter Santa Monica, United States
  • Employees 294 as on 31 Dec, 2020
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cypress Creek Renewables, Llc
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $200 M (USD)

    in 7 rounds

  • Latest Funding Round
    $125 M (USD), Debt – Conventional

    May 03, 2022

  • Investors
  • Employee Count
    294

    as on Dec 31, 2020

  • Investments & Acquisitions
  • Acquired by
    EQT

    (Jul 03, 2021)

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Products & Services of Cypress Creek Renewables

Cypress Creek Renewables offers a comprehensive portfolio of products and services, including Solar Energy Projects, Energy Storage Solutions, and Operations and Maintenance Services. 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

Develops large-scale solar projects to generate clean energy for communities.

Provides storage systems for efficient renewable energy distribution.

Offers maintenance for solar and storage assets to ensure reliability.

People of Cypress Creek Renewables
Headcount 200-500
Employee Profiles 52
Employee Profiles
People
Norma Shigetomi
Treasury Manager
People
Sarah Slusser
CEO & Member of the Board
People
William Petmecky
CFO
People
Michael Discenza
Chief Financial Officer

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Funding Insights of Cypress Creek Renewables

Cypress Creek Renewables has successfully raised a total of $200M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $125 million completed in May 2022. 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 7
  • Last Round Debt – Conventional — $125.0M
  • First Round

    (01 Jun 2017)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Debt – Conventional - Cypress Creek Renewables Valuation

investors

Apr, 2022 Amount Debt – Conventional - Cypress Creek Renewables Valuation

investors

Oct, 2021 Amount Debt – Conventional - Cypress Creek Renewables Valuation

investors

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 Cypress Creek Renewables

Cypress Creek Renewables has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Morgan Stanley, National Bank of Canada and Rabobank. 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
An investment platform is provided for diverse sectors and geographies.
Founded Year Domain Location
EQT is recognized as a global investment organization focused on value creation.
Founded Year Domain Location
Provides banking, financing, investment, and risk management services to businesses and individuals.
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 Cypress Creek Renewables

Cypress Creek Renewables has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FLS Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
A solar EPC company
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cypress Creek Renewables

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

Cypress Creek Renewables Comparisons

Employees
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Competitors of Cypress Creek Renewables

Cypress Creek Renewables 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, Ameren, Silicon Ranch and Acciona Energy, 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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developer of solar power projects
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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 Cypress Creek Renewables

Frequently Asked Questions about Cypress Creek Renewables

When was Cypress Creek Renewables founded?

Cypress Creek Renewables was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Cypress Creek Renewables located?

Cypress Creek Renewables is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.

Is Cypress Creek Renewables a funded company?

Cypress Creek Renewables is a funded company, having raised a total of $200M across 7 funding rounds to date.

How many employees does Cypress Creek Renewables have?

As of Dec 31, 2020, the latest employee count at Cypress Creek Renewables is 294.

What does Cypress Creek Renewables do?

Cypress Creek Renewables was established in 2014 and is based in Santa Monica, United States. Operations focus on the renewable energy sector, where solar farms with capacities between 2 and 20 MW are owned, developed, and financed. More than 100 projects have been brought online across the USA, contributing to an aggregate capacity of over 2 GW in solar power generation.

Who are the top competitors of Cypress Creek Renewables?

Cypress Creek Renewables's top competitors include Octopus Energy, NextEra Energy and Solstice.

What products or services does Cypress Creek Renewables offer?

Cypress Creek Renewables offers Solar Energy Projects, Energy Storage Solutions, and Operations and Maintenance Services.

How many acquisitions has Cypress Creek Renewables made?

Cypress Creek Renewables has made 1 acquisition, including FLS Energy.

Who are Cypress Creek Renewables's investors?

Cypress Creek Renewables has 7 investors. Key investors include Morgan Stanley, National Bank of Canada, Rabobank, EQT, and Temasek.

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