Greengate Power

Calgary, Canada Founded: 2007 • Age: 19 yrs
Wind energy projects are developed in Alberta by Greengate Power.
Annual revenue - Latest available
Total funding $87.1M 4 rounds
Employees 16 Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Greengate Power

Greengate Power is a company based in Calgary (Canada) founded in 2007. Greengate Power has raised $87.15 million across 4 funding rounds from investors including TD Securities, Fengate and NGEN Partners. The company has 16 employees as of December 31, 2024. Greengate Power offers products and services including Lathom Solar, Wheatland Wind, and Midnight Solar. Greengate Power operates in a competitive market with competitors including Acciona Energy, Boralex, InterEnergy Holdings, Maxim Power and Potentia Renewables, among others.

  • Headquarter Calgary, Canada
  • Employees 16 as on 31 Dec, 2024
  • Sectors
    Energy & Utilities
  • Phone
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  • Website
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  • Social
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  • Legal Name Greengate Corp.
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $87.15 M (USD)

    in 4 rounds

  • Latest Funding Round
    $78.2 M (USD), Series C

    Apr 05, 2018

  • Investors
  • Employee Count
    16

    as on Dec 31, 2024

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Products & Services of Greengate Power

Greengate Power offers a comprehensive portfolio of products and services, including Lathom Solar, Wheatland Wind, and Midnight Solar.

Product name locked
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Primary

Up to 120 MW solar project for renewable energy generation.

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120 MW wind project supplying sustainable power to grids.

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Up to 530 MW solar project with battery storage for energy reliability.

Funding Insights of Greengate Power

Greengate Power has successfully raised a total of $87.15M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $78.2 million completed in April 2018. 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.

Investors in Greengate Power

Greengate Power has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include TD Securities, Fengate and NGEN Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage startups across sectors are invested in by NGEN Partners.
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US focused VC firm
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Alternative investment manager focused on infrastructure, private equity, and real estate strategies in North America.
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Investor details for Greengate Power

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Investments & Acquisitions by Greengate Power

Investments
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Investment portfolio details for Greengate Power

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Financial Statements - Greengate Power

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Detailed financials for Greengate Power

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Greengate Power Comparisons

Greengate Power Primary company
Description
Wind energy projects are developed in Alberta by Greengate P...
Location
Calgary, Canada
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
16
As of 2024
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Peer comparison for Greengate Power

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Competitors of Greengate Power

Greengate Power 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 Acciona Energy, Boralex, InterEnergy Holdings, Maxim Power and Potentia Renewables, among others.

Company Name Domain Founded year HQ Location Description
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Renewable energy is developed, constructed, and marketed globally.
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Developer of renewable energy projects
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Developer and Owner of Energy projects across Latin America and Caribbean
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Power projects are acquired, developed, and operated in energy sector.
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Wind farms and solar parks are developed and operated.
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Detailed competitors of Greengate Power

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Latest news on Greengate Power

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Complete news archive for Greengate Power

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Frequently Asked Questions about Greengate Power

Greengate Power was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Greengate Power is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

Dan Balaban is the current CEO of Greengate Power.

Greengate Power is a funded company, having raised a total of $87.15M across 4 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Greengate Power is 16.

Greengate Power Corporation was founded in 2007 and is headquartered in Calgary, Canada. Wind energy projects are developed by the company within the renewable energy sector, focusing on Alberta. Wind farms are established, with operations centered on project development. As of October 2015, a total capacity of 1450 MW is under development in Alberta. Leadership is provided by CEO Dan Balaban.

Greengate Power's top competitors include Acciona Energy, Boralex and InterEnergy Holdings.

Greengate Power offers Lathom Solar, Wheatland Wind, and Midnight Solar.

Greengate Power has 5 investors. Key investors include TD Securities, Fengate, NGEN Partners, The Westly Group, and Jacob Securities Inc.

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