About Summit Ridge
Summit Ridge is an Energy & Utilities company based in Washington (United States) founded in 2017, and was acquired by Global Infrastructure Partners in July 2026. Solar project developers. Summit Ridge has raised $175 million across 3 funding rounds from investors including Apollo Global Management, Global Infrastructure Partners and Fundamental. Its chief executive, as recorded, is Steve Raeder. Summit Ridge offers products and services including Project Development, Project Finance, and Project Acquisition. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Enel X, Origis Energy and Hillman Group; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Washington, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website srenergy.com
- Social LinkedIn
- Acquired by Global Infrastructure Partners (Jul 2026)
- Total Equity Funding$175M (USD)
in 3 rounds
- Latest Funding Round$175M (USD), Series D
Jul 2022
- InvestorsApollo Global Management
& 3 more
- Acquired byGlobal Infrastructure Partners
(Jul 2026)
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.
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.
- Total Funding $175M
- Total Rounds 3
- Last Round Series D — $175M
- Investors Count 3
All 3 funding rounds of Summit Ridge with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | $175M | Series D | – | – | |
| Jun 2022 | Debt – Conventional | – | – | ||
| Jun 2017 | Seed | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Buyouts are targeted through private equity investments by the firm. | 1990 | apollo.com | New York, United States | |
Infrastructure and private equity investments are managed across multiple sectors. | 2007 | global-infra.com | New York, United States | |
Fundamental is engaged in alternative municipal and public purpose investments. | 2007 | fundamental.com | New York, United States | |
A platform for insightful content across various niches is offered. | alignedintermediary.com |
Investor details for Summit Ridge
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Summit Ridge
56 people are tracked at Summit Ridge (24 in leadership, 32 in team).
| Name | Role | Group |
|---|---|---|
Steve Raeder | CEO | Leadership |
Garren Bisschoff | Senior Vice President Business Development | Leadership |
Brent Buchberger | Vice President, Project Development | Leadership |
Brianna Stevens | Director | Business Development | Leadership |
Nathan Greenberg | Vice President - Business Development | Leadership |
Alec Droussiotis | Vice President Of Project Management | Leadership |
Owen Brannigan | Director, Business Development | Leadership |
William Jurith | Vp, Asset Management | Leadership |
Leslie Elder | VP, Political & Regulatory Affairs | Leadership |
Brian Dunn | COO | Leadership |
Adam Kuehne | EVP & Chief Investment Officer | Leadership |
Marc Fioravanti | Senior Vice President Business Development | Leadership |
Moira Cronin | Director, Project Development | Leadership |
Wes Homeyer | Vice President - Land Services | Leadership |
Kathryn Alexander | Vice President, Human Resources | Leadership |
James Fenley | Director, Government Affairs | Leadership |
Anne Yost | Director Of Legal Services | Leadership |
Irene M. Hollerback | Executive Assistant To The Chairman And Chief Executive Officer | Leadership |
Joel Malefyt | Senior Director, Project Development | Leadership |
David Jedziniak | Director Of Construction Management | Leadership |
36 more people are available in the full profile.
Complete people profiles for Summit Ridge
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Summit Ridge
4 dated milestones of Summit Ridge across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Summit Ridge is founded.
- Funding First funding round.
- Funding Latest funding round, Series D, of $175.0M.
- Exit Acquired by Global Infrastructure Partners.
Competitors of Summit Ridge
Summit Ridge has 3 listed competitors in our database, 2 of them funded. They include Enel X, Origis Energy and Hillman Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| enelx.com | 2001 | Boston, United States | $168M | 513 | Utility-scale renewable energy projects are developed by Enel X. | |
| origisenergy.com | 2008 | Miami, United States | $149M | Utility-scale and commercial solar projects are developed worldwide. | ||
| hillmangroup.com | 1964 | Cincinnati, United States | 3,324 | Hardware and home improvement products are supplied to retail markets. |
Detailed competitors of Summit Ridge
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Summit Ridge
The website of Summit Ridge (srenergy.com) receives about 4.2K visits a month.
- Monthly visits4.2K
▲ 2.1% vs previous month
Websites whose visitors overlap most with Summit Ridge. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
summitridgehospital.net | summitridgehospital.net | 100% | #4,936,278 | – |
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Summit Ridge (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about 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 CEO of Summit Ridge, as recorded in our data.
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.
Yes. Summit Ridge was acquired by Global Infrastructure Partners in July 2026.