About TerraForm Power
TerraForm Power is a company based in New York (United States) founded in 2014 was acquired by Brookfield Asset Management in March 2017.. TerraForm Power has raised $335 million across 8 funding rounds from investors including Brookfield Asset Management and Capricorn Investment Group. TerraForm Power has completed 3 acquisitions, including First Wind, Saeta Yield and Sun Tribe. TerraForm Power offers products and services including Renewable Energy Solutions, Wind Facilities, and Solar Facilities. TerraForm Power operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Fortum, Cypress Creek Renewables and Neoen, among others.
- Headquarter New York, United States
- Stage Public
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Terraform Power Operating, Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$335 M (USD)
in 8 rounds
-
Latest Funding Round
$700 M (USD), Debt – Conventional
Oct 10, 2019
-
Investors
Brookfield Asset Management
& 1 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
First Wind
& 2 more
-
Acquired by
Brookfield Asset Management
(Mar 07, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of TerraForm Power
TerraForm Power offers a comprehensive portfolio of products and services, including Renewable Energy Solutions, Wind Facilities, and Solar Facilities. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides wind and solar assets for sustainable power generation
Operates utility-scale wind farms for renewable power
Manages solar projects for clean energy production
Funding Insights of TerraForm Power
TerraForm Power has successfully raised a total of $335M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $700 million completed in October 2019. 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 Total Funding
- Total Rounds 8
- Last Round Debt – Conventional — $700.0M
-
First Round
First Round
(23 Jul 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Debt – Conventional - TerraForm Power | Valuation |
investors |
|
| Jun, 2018 | Amount | Post-IPO - TerraForm Power | Valuation |
investors |
|
| Feb, 2018 | Amount | Debt – Conventional - TerraForm Power | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TerraForm Power
TerraForm Power has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Brookfield Asset Management and Capricorn Investment Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Focus is placed on real estate and renewable energy investments.
|
Founded Year | Domain | Location | |
|
Sustainable investment solutions are provided by Capricorn Investment Group.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by TerraForm Power
TerraForm Power has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include First Wind, Saeta Yield and Sun Tribe. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Developer of solar energy projects
|
2016 | ||||
|
Investments are made in stable energy infrastructure assets.
|
2009 | ||||
|
Wind farms are developed, owned, and operated across North America.
|
2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - TerraForm Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Terraform Power Comparisons
Competitors of TerraForm Power
TerraForm 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 Octopus Energy, NextEra Energy, Fortum, Cypress Creek Renewables and Neoen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Utility bill management platform is provided for tracking and billing.
|
|
| domain | founded_year | HQ Location |
Developer of energy solutions
|
|
| domain | founded_year | HQ Location |
Clean energy solutions for generation, retail, and heating are provided.
|
|
| domain | founded_year | HQ Location |
Solar farms are owned, developed, and financed in the USA.
|
|
| domain | founded_year | HQ Location |
Renewable energy is generated in solar, wind, and biomass sectors.
|
|
| domain | founded_year | HQ Location |
Generation of wind power
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Terraform Power
Frequently Asked Questions about TerraForm Power
When was TerraForm Power founded?
TerraForm Power was founded in 2014.
Where is TerraForm Power located?
TerraForm Power is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of TerraForm Power?
John Stinebaugh is the current CEO of TerraForm Power.
Is TerraForm Power a funded company?
TerraForm Power is a funded company, having raised a total of $335M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $400M, raised on Jul 23, 2014.
What does TerraForm Power do?
TerraForm Power was founded in 2014 and is listed on NASDAQ as an independent power producer. Renewable energy assets, including solar and wind facilities totaling over 2,600 MW, are owned and operated primarily in the United States. Investments in additional solar and wind projects are managed through its majority shareholder, Brookfield Asset Management, with headquarters in New York.
Who are the top competitors of TerraForm Power?
TerraForm Power's top competitors include Octopus Energy, NextEra Energy and Neoen.
What products or services does TerraForm Power offer?
TerraForm Power offers Renewable Energy Solutions, Wind Facilities, and Solar Facilities.
How many acquisitions has TerraForm Power made?
TerraForm Power has made 3 acquisitions, including First Wind, Saeta Yield, and Sun Tribe.
Who are TerraForm Power's investors?
TerraForm Power has 2 investors. Key investors include Brookfield Asset Management, and Capricorn Investment Group.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.