About sPower
sPower is a company based in Salt Lake City (United States) founded in 2012 was acquired by AES in February 2017. sPower has raised $3.05 million across 6 funding rounds from investors including KeyBank, Rabobank and AES. sPower has completed 1 acquisition, including Tioga Energy. sPower operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Duke Energy, Cypress Creek Renewables and EDP Renewables, among others.
- Headquarter Salt Lake City, United States
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.05 M (USD)
in 6 rounds
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Latest Funding Round
$498.7 M (USD), Debt – Conventional
Sep 20, 2018
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Investors
KeyBank
& 9 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
AES
(Feb 24, 2017)
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People of sPower
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Funding Insights of sPower
sPower has successfully raised a total of $3.05M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $498.7 million completed in September 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 sPower
sPower has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include KeyBank, Rabobank and AES.
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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Regional bank
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Locked | Locked | Locked |
Investor details for sPower
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by sPower
sPower has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tioga Energy.
Investment portfolio details for sPower
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Solar Independent Power Producer
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Locked | Locked | 2007 | Locked |
Complete acquisition details for sPower
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - sPower
Detailed financials for sPower
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- Historical revenue
- Profit trends
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Spower Comparisons
Peer comparison for sPower
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of sPower
sPower 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, Duke Energy, Cypress Creek Renewables and EDP Renewables, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Utility bill management platform is provided for tracking and billing.
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Developer of energy solutions
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Renewable electricity is produced and distributed across multiple states.
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Solar farms are owned, developed, and financed in the USA.
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Generation of wind power
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Provider of electricity and natural gas through solar energy
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Detailed competitors of sPower
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Spower
Complete news archive for sPower
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about sPower
sPower was founded in 2012 and raised its 1st funding round 2 years after it was founded.
sPower is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Ryan Creamer is the current CEO of sPower.
sPower is a funded company, having raised a total of $3.05M across 6 funding rounds to date.
The company was founded in 2012 in Salt Lake City, United States, within the renewable energy sector. Solar projects are owned, developed, managed, and operated, with a focus on utility-scale initiatives in solar, wind, and other renewables. More than 150 projects are operational across the US and UK. As of November 2015, over 1.7 GW of projects were in the pipeline or under construction.
sPower's top competitors include Octopus Energy, NextEra Energy and EDP Renewables.
sPower has made 1 acquisition, including Tioga Energy.