UPC Renewables

Miami, United States Founded: 2007 • Age: 19 yrs Acquired By ACEN
Independent Power Producer
Annual revenue - Latest available
Total funding $80.0M 3 rounds
Employees 63 Tracked headcount
Investors 7 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About UPC Renewables

UPC Renewables is a company based in Miami (United States) founded in 2007 was acquired by ACEN in February 2026. UPC Renewables has raised $80 million across 3 funding rounds from investors including Macquarie Group, Masdar and FMO. The company has 63 employees as of June 30, 2024. UPC Renewables offers products and services including Wind Projects, Solar Projects, BioEnergy, UPC Commodities, and UPC Capital Ventures. UPC Renewables operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Duke Energy, ScottishPower and EDP Renewables, among others.

  • Headquarter Miami, United States
  • Employees 63 as on 30 Jun, 2024
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $80 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    63

    as on Jun 30, 2024

  • Acquired by
    ACEN

    & 2 more

    (Feb 06, 2026)

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Products & Services of UPC Renewables

UPC Renewables offers a comprehensive portfolio of products and services, including Wind Projects, Solar Projects, BioEnergy, UPC Commodities, and UPC Capital Ventures.

Primary

Development and operation of utility-scale wind farms worldwide.

Development and operation of large-scale solar energy installations.

Management of bioenergy projects for sustainable energy production.

Trading and development of renewable energy commodities.

Venture investments in renewable energy projects globally.

People of UPC Renewables

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Pranab Kumar Sarmah
CEO, Solar & Director
People
JP Park
CEO, Solar Korea
People
Brian Caffyn
Chairman & Group CEO
People
Sumit Pandey
Country Director, UPC Solar India

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Funding Insights of UPC Renewables

UPC Renewables has successfully raised a total of $80M across 3 strategic funding rounds. 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 Rounds 3
  • Last Round
  • First Round

    (11 Feb 2010)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2017 Amount Debt – Conventional - UPC Renewables Valuation

investors

FMO
Dec, 2010 Amount Private Equity Round - UPC Renewables Valuation

investors

Feb, 2010 Amount Private Equity Round - UPC Renewables Valuation

investors

Investors in UPC Renewables

UPC Renewables has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Macquarie Group, Masdar and FMO.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Development financing is provided for entrepreneurial ventures in emerging markets.
Founded Year Domain Location
Infrastructure fund focused on energy sector
Founded Year Domain Location
A global financial services organization with Australian heritage is operated.
Founded Year Domain Location

Investments & Acquisitions by UPC Renewables

Investments

Financial Statements - UPC Renewables

Upc Renewables Comparisons

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Competitors of UPC Renewables

UPC Renewables 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, ScottishPower and EDP Renewables, among others.

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
Renewable electricity is produced and distributed across multiple states.
domain founded_year HQ Location
Wind energy is generated, transmitted, and distributed by ScottishPower.
domain founded_year HQ Location
Generation of wind power
domain founded_year HQ Location
Energy company

Latest news on Upc Renewables

Frequently Asked Questions about UPC Renewables

UPC Renewables was founded in 2007 and raised its 1st funding round 3 years after it was founded.

UPC Renewables is headquartered in Miami, United States. It is registered at Miami, Florida, United States.

UPC Renewables is a funded company, having raised a total of $80M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $30M, raised on Feb 11, 2010.

As of Jun 30, 2024, the latest employee count at UPC Renewables is 63.

UPC Renewables was founded in 2007 and is headquartered in Miami, United States. As an independent power producer in the renewable energy sector, wind and solar farms are developed, constructed, owned, and operated. More than 2,000 MW of such projects have been brought online, involving investments exceeding 3 billion USD, with a pipeline surpassing 5,000 MW. Development activities are focused on Algeria, China, Indonesia, Morocco, the Philippines, and Tunisia.

UPC Renewables's top competitors include Octopus Energy, NextEra Energy and Neoen.

UPC Renewables offers Wind Projects, Solar Projects, BioEnergy, UPC Commodities, and UPC Capital Ventures.

UPC Renewables has 7 investors. Key investors include Macquarie Group, Masdar, FMO, Ayala, and ACEN.

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