About Summit Ridge
Summit Ridge is a company based in Washington (United States) founded in 2017 was acquired by Global Infrastructure Partners in July 2026. Summit Ridge has raised $175 million across 3 funding rounds from investors including Apollo Global Management, Global Infrastructure Partners and Fundamental. Summit Ridge offers products and services including Project Development, Project Finance, and Project Acquisition. Summit Ridge operates in a competitive market with competitors including Enel X, Origis Energy, Hillman Group, Borrego Solar and Depcom Power, among others.
- Headquarter Washington, United States
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Sectors
Energy & Utilities
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Email
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Phone
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Website
Locked
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Social
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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
$175 M (USD)
in 3 rounds
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Latest Funding Round
$175 M (USD), Series D
Jul 13, 2022
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Investors
Apollo Global Management
& 3 more
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Employee Count
Not available
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Acquired by
Global Infrastructure Partners
(Jul 14, 2026)
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Products & Services of Summit Ridge
Summit Ridge offers a comprehensive portfolio of products and services, including Project Development, Project Finance, and Project Acquisition.
Service for permitting and energizing solar projects with partners.
Provides capital raising and financing for solar initiatives.
Offers permanent financing and acquisition for solar projects.
People of Summit Ridge
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Funding Insights of Summit Ridge
Summit Ridge has successfully raised a total of $175M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $175 million completed in July 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.
Investors in Summit Ridge
Summit Ridge has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Apollo Global Management, Global Infrastructure Partners and Fundamental.
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Buyouts are targeted through private equity investments by the firm.
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Infrastructure and private equity investments are managed across multiple sectors.
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Fundamental is engaged in alternative municipal and public purpose investments.
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Investor details for Summit Ridge
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Investments & Acquisitions by Summit Ridge
Investment portfolio details for Summit Ridge
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Financial Statements - Summit Ridge
Detailed financials for Summit Ridge
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Summit Ridge Comparisons
Peer comparison for Summit Ridge
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Competitors of Summit Ridge
Summit Ridge 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 Enel X, Origis Energy, Hillman Group, Borrego Solar and Depcom Power, among others.
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Utility-scale renewable energy projects are developed by Enel X.
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Utility-scale and commercial solar projects are developed worldwide.
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Hardware and home improvement products are supplied to retail markets.
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Solar EPC
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Solar projects are designed, procured, constructed, operated, and maintained.
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Commercial solar projects are designed, installed, and financed.
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Detailed competitors of Summit Ridge
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Latest news on Summit Ridge
Complete news archive for Summit Ridge
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Frequently Asked Questions about Summit Ridge
Summit Ridge was founded in 2017.
Summit Ridge is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
Steve Raeder is the current CEO of Summit Ridge.
Summit Ridge is a funded company, having raised a total of $175M across 3 funding rounds to date.
Summit Ridge was founded in 2017 and operates in the solar energy sector. Solar power plants, including grid-connected, off-grid, and energy storage systems, are developed and financed for commercial and public sector organizations. Operations focus on projects throughout the United States, with the team composed of former SunEdison employees.
Summit Ridge's top competitors include Enel X, Origis Energy and Hillman Group.
Summit Ridge offers Project Development, Project Finance, and Project Acquisition.
Summit Ridge has 4 investors. Key investors include Apollo Global Management, Global Infrastructure Partners, Fundamental, and Aligned Intermediary.