Recurrent Energy

San Francisco, United States Founded: 2006 • Age: 20 yrs Acquired By Canadian Solar
Utility-scale solar projects are developed and owned by Recurrent Energy.

About Recurrent Energy

Recurrent Energy is an Energy & Utilities company based in San Francisco (United States) founded in 2006, and was acquired by Canadian Solar in February 2015. It operates as an utility-scale solar projects are developed and owned by Recurrent Energy. Recurrent Energy has raised $585 million across 9 funding rounds from investors including Investec, Intesa Sanpaolo and Natixis. Its website recurrentenergy.com draws about 20 thousand monthly visits. Recurrent Energy offers products and services including Solar Projects, Energy Storage Projects, and O&M Services. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Enel X, Longroad Energy, Origis Energy, Aspen Power and Hillman Group and 3 more; 7 of its 8 listed competitors have raised funding.

Company details

Recurrent Energy was founded in 2006 and is headquartered in San Francisco, United States. Operations focus on the renewable energy sector, where utility-scale and locally sited solar power systems are developed and owned. Services are provided through Power Purchase Agreements (PPAs) or Feed-in Tariffs (FiTs) to utility, commercial, and government customers across various geographies. Energy independence and predictable pricing are facilitated for clients.

Key Metrics
  • Total Equity Funding
    $585M (USD)

    in 9 rounds

  • Latest Funding Round
    $415M (USD), Debt – Conventional

    Apr 2025

  • Investors
    Investec

    & 12 more

  • Acquired by

Products & Services of Recurrent Energy

Recurrent Energy offers a comprehensive portfolio of products and services, including Solar Projects, Energy Storage Projects, and O&M Services.

Solar Projects
Renewable Energy Development

Development and operation of large-scale solar energy projects worldwide.

Energy Storage Projects
Energy Storage Solutions

Projects for battery systems to support flexible energy delivery.

O&M Services
Maintenance Services

Operation and maintenance for solar and storage projects globally.

Funding Insights of Recurrent Energy

Recurrent Energy has successfully raised a total of $585M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $415 million completed in April 2025. 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 $585M
  • Total Rounds 9
  • Last Round Debt – Conventional β€” $415M
  • First Round $10M

    (Jul 2007)

  • Investors Count 12

All 9 funding rounds of Recurrent Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2025$415MDebt – Conventional––
Jul 2024$54.33MDebt – Conventional––
Apr 2024$118.24MDebt – Conventional––
Jan 2024$500MSeries C–BlackRock
–
Aug 2020$75MDebt – Conventional––
Apr 2019$50MDebt – Conventional––
May 2018$106.7MDebt – Conventional––
Jul 2008$75MSeries B––
Jul 2007$10MSeries A––
Valuation history

13 investors in total: 13 institutional.

Investors in Recurrent Energy

Recurrent Energy has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Investec, Intesa Sanpaolo and Natixis.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Finance and advisory services for infrastructure projects are provided.
1958eib.orgLuxembourg, Luxembourg
Sustainable investments are managed by this investment firm.
–hudsoncep.comMiami, United States
Venture capital investments are managed in technology and healthcare sectors by this firm.
–mdv.com-
Commercial banking services are provided to individuals and institutions globally.
1857santander.comMadrid, Spain
Commercial banks
2007intesasanpaolo.comTurin, Italy
Wealth management, investment advisory, and financial services are provided.
1935morganstanley.comNew York, United States
Commercial banking services are provided by Rabobank from Utrecht, Netherlands.
1972rabobank.comUtrecht, Netherlands
Global banking, investment, and wealth management services are offered worldwide.
1974investec.comLondon, United Kingdom
Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
1988blackrock.comNew York, United States
Diversified asset management services are offered globally by the firm.
1925nomura.comChuo City, Japan
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Investor details for Recurrent Energy

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People of Recurrent Energy

134 people are tracked at Recurrent Energy (41 in leadership, 93 in team).

NameRoleGroup
Anil Singh
General ManagerLeadership
Antonio Hernane Guimaraes Teixeira Junior
Managing Director EPC LatamLeadership
Adam Landstrom
Head Of North American Land Acquisition & GISLeadership
Ismael Guerrero Arias
Chief Executive OfficerLeadership
Spivey Paup
Managing Director Of DevelopmentLeadership
Hun Kim
Development DirectorLeadership
Jayce Walker
Director, East DevelopmentLeadership
Kimberly Cupicha
Director, Development- CentralLeadership
Scott Leonard
Director Of Real EstateLeadership
Robert Moore
Managing Director, Energy And AssetsLeadership
Jeremy Avenier
SVP & CFOLeadership
Jeremy McKellep
Associate Director, O&m - North AmericaLeadership
David Springer
Managing Director EPC Recurrent EnergyLeadership
Álvaro Hernández Díaz
Associate Director Of Global Portfolio GrowthLeadership
Michael Arndt
President And General ManagerLeadership
Massimo di Bella
Associate Director, Head Of O&m, ItalyLeadership
Filippo Ricci
General Manager ItalyLeadership
Dan Barnard
Senior Director - O&m (americas) And Global StrategyLeadership
Dimitrios Giannoulakis
Head Of EPC Uk&ireland & North EuropeLeadership
Christopher Gaudet
Vice President FinanceLeadership

114 more people are available in the full profile.

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Timeline of Recurrent Energy

4 dated milestones of Recurrent Energy across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Recurrent Energy is founded.
  2. Funding First funding round of $10.0M.
  3. Exit Acquired by Canadian Solar.
  4. Funding Latest funding round, Debt – Conventional, of $415.0M.

Competitors of Recurrent Energy

Recurrent Energy has 8 listed competitors in our database, 7 of them funded. They include Enel X, Longroad Energy, Origis Energy, Aspen Power and Hillman Group, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
enelx.com2001Boston, United States$168M513
Utility-scale renewable energy projects are developed by Enel X.
longroadenergy.com2016San Francisco, United States$500M153
Utility-scale wind and solar power projects are developed.
origisenergy.com2008Miami, United States$149M–
Utility-scale and commercial solar projects are developed worldwide.
aspenpower.com2020Dallas, United States$120M–
Provider of renewable energy asset development, construction, and operation services
hillmangroup.com1964Cincinnati, United States–3,324
Hardware and home improvement products are supplied to retail markets.
borregosolar.com1980San Diego, United States$61.4M302
Solar EPC
8minute.com2009Los Angeles, United States$430M147
Solar energy storage solutions, hybrid and standalone, are provided.
stratacleanenergy.com2008Durham, United States$150M504
Solar-based energy storage solutions are offered via an online platform.
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Detailed competitors of Recurrent Energy

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Web traffic of Recurrent Energy

The website of Recurrent Energy (recurrentenergy.com) receives about 20.2K visits a month.

  • Monthly visits
    20.2K

    ▲ 13% vs previous month

Similar websites

Websites whose visitors overlap most with Recurrent Energy. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
us.sunpower.com
100%
39.9K–View details
geogreenpower.com
91%
9.5K#2,424,201View details
plugmein.com
88%
1.8K#9,126,338View details
anesco.com
88%
13.1K#2,142,874View details
ess-news.com
ess-news.com
84%
–#317,302–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 34 similar websites and full traffic analytics for Recurrent Energy

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  • Audience overlap
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Top companies in Renewable & Sustainable Energy

10 companies that operate in the same segment as Recurrent Energy (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility bill management platform is provided for tracking and billing.
2015London, England, United KingdomUSD 2.81 BUSD 17.62 K5,752
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168 M––
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed and operated by Lightsource BP.
2010London, England, United KingdomUSD 417.9 M––
Solar energy solutions and financing are provided for off-grid communities.
2004Nairobi, KenyaUSD 118.02 MUSD 26.54 M103
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M–1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Related news about Recurrent Energy

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Frequently Asked Questions about Recurrent Energy

Recurrent Energy was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Recurrent Energy is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Recurrent Energy is a funded company, having raised a total of $585M across 9 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jul 2007.

Recurrent Energy was founded in 2006 and is headquartered in San Francisco, United States. Operations focus on the renewable energy sector, where utility-scale and locally sited solar power systems are developed and owned. Services are provided through Power Purchase Agreements (PPAs) or Feed-in Tariffs (FiTs) to utility, commercial, and government customers across various geographies. Energy independence and predictable pricing are facilitated for clients.

Recurrent Energy's top competitors include Enel X, Longroad Energy and Strata Clean Energy.

Recurrent Energy offers Solar Projects, Energy Storage Projects, and O&M Services.

Recurrent Energy has 13 investors. Key investors include Investec, Intesa Sanpaolo, Natixis, Morgan Stanley, and Santander.

Recurrent Energy operates through Recurrent Energy.

Yes. Recurrent Energy was acquired by Canadian Solar in February 2015.

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