Cypress Creek Renewables
Cypress Creek Renewables is a US independent power producer that develops, finances, owns, and operates utility-scale solar and battery energy storage projects across 28 states, selling electricity through long-term PPAs to corporate and utility customers.
- Company typePrivate
- Founded2010
- HeadquartersSanta Monica, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Cypress Creek Renewables does
Cypress Creek Renewables is a US-based independent power producer (IPP) that develops, finances, owns, and operates utility-scale solar photovoltaic (PV) and battery energy storage system (BESS) projects. The company commercialized more than 19 GW of solar and storage capacity across 850+ projects in 28 states, and its wholly-owned Cypress Creek Solutions subsidiary operates an 8.6 GW fleet across the same geographic footprint. Its product portfolio centers on four integrated capabilities: utility-scale solar development, co-located and standalone energy storage, commercial project development and PPA structuring, and operations & maintenance services for third-party asset owners.
The company monetizes these assets primarily through long-term (20–40 year) power purchase agreements and virtual power purchase agreements with investment-grade corporate counterparties (e.g., Meta for the 505 MW Hanson Solar project in Texas) and electric utilities and cooperatives (e.g., a 40-year PPA with CORE Electric Cooperative for the 75 MW Sundance project in Colorado). Revenue mechanics therefore blend project-development economics (one-time EPC and commercial-stage value capture) with long-duration recurring cash flows from owned generation assets. Major in-flight projects include the 2.45 GW solar / 2.9 GWh storage Steel River Energy Center in Arkansas (acquired from Swift Current Energy for ~$4.5 billion in March 2026), Sundance, Hanson, Ostrea (Washington), and a 200 MW standalone BESS in Texas. The company is portfolio-owned by EQT Infrastructure following its 2021 acquisition.
Cypress Creek Renewables firmographics
Firmographics- Name
- Cypress Creek Renewables
- Legal name
- Cypress Creek
- Website
- https://ccrenew.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Cypress Creek Renewables is a US independent power producer that develops, finances, owns, and operates utility-scale solar and battery energy storage projects across 28 states, selling electricity through long-term PPAs to corporate and utility customers.
- Ownership category
- akta.pro rank
Cypress Creek Renewables industry classification
Industry- Product category
- Utility-Scale Solar and Battery Energy Storage
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Hybrid PPAs (Renewables + Storage) & Firm Renewable Products (EUAGADAI)
Keywords
Where Cypress Creek Renewables is headquartered
LocationHeadquarters
- HQ city
- Santa Monica
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cypress Creek Renewables business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations, Others
Revenue model
- Electricity sales through PPAs: Revenue generated from selling electricity produced by owned solar and storage projects under long-term power purchase agreements with corporate customers (e.g., Meta) and utilities (e.g., CORE Electric Cooperative). Contracts typically run 20-40 years providing predictable recurring revenue.
- Project development and construction: Developing, constructing, and commercializing utility-scale solar and storage projects. Projects are built for long-term ownership to generate electricity and provide grid services.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Cypress Creek Renewables product offering
Product offeringCore offering
Cypress Creek Renewables is an independent power producer that develops, finances, owns, and operates utility-scale solar photovoltaic and battery energy storage projects across the United States. The company sells electricity generated from these assets through long-term power purchase agreements (PPAs) with corporate counterparties and electric utilities, while also providing operations and maintenance services through its subsidiary Cypress Creek Solutions.
Product overview
Cypress Creek Renewables operates as an independent power producer offering a platform of energy infrastructure solutions. The core offerings include Utility-Scale Solar development, ownership, and operation; Energy Storage (battery systems co-located with solar and standalone); Commercial Capabilities (project development and financing for third-party customers); and Operations & Maintenance services through Cypress Creek Solutions. The company develops, finances, owns, and operates solar, storage, and integrated energy assets across the United States, with over 19GW commercialized and 8.6GW currently operated by their O&M team. Major projects include the Steel River Energy Center (2.45GW solar + 2.9GWh storage in Arkansas), Hanson Solar (505MW in Texas), Sundance Solar + Storage (75MW/200MWh in Colorado), and Ostrea Solar (104MW in Washington).
Differentiator
Problem solved
Functional benefit
Products and services
- Utility-Scale Solar
Quantifiable outcome
- Power for 392,000+ homes from operating fleet in 2025
- +3 more outcomes
Companies that use Cypress Creek Renewables
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Cypress Creek Renewables technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Cypress Creek Renewables partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered major and core.
- First SolarmajorSupplier of domestically manufactured solar panels for the Steel River Energy Center project, supporting US content requirements and domestic supply chain.
- 38 Degrees NorthmajorAcquired 104MW community solar portfolio from Cypress Creek, consisting of 16 projects across 14 counties in Illinois, expected to deliver $1.6 million in annual subscriber utility bill savings and $11 million in local tax revenue.
- Swift Current EnergycoreSeller of the 2.45GW Steel River solar and storage project in Arkansas to Cypress Creek Renewables, a $4.5 billion transaction that significantly expands Cypress Creek's portfolio to nearly 7GW.
- CORE Electric CooperativecoreOfftake partner for Sundance Solar and Energy Storage project in Colorado; 40-year power supply agreement for 75MW solar plus 50MW/200MWh battery storage to serve approximately 25,000 homes.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Cypress Creek Renewables competitors and assessment
Company assessmentPeers
Direct peers
- Invenergy: Large US-based independent power producer developing, owning, and operating utility-scale renewable energy and storage projects. Directly comparable as a privately-held IPP with similar solar+storage focus and scale.
- Swift Current Energy: US-based utility-scale solar and storage developer. Directly comparable as Cypress Creek acquired the Steel River project from Swift Current; both develop multi-GW solar+storage pipelines across the US.
- Avantus (formerly 8minute Solar Energy): US-based developer of utility-scale solar PV and battery storage projects. Directly comparable in project development model, geographic focus on US IPP market, and solar+storage technology platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Cypress Creek Renewables social profiles
Digital presenceCypress Creek Renewables financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cypress Creek Renewables leadership team
Management profileNumber of profiles
Profiles10 records
Cypress Creek Renewables subsidiaries and ownership
Company hierarchySubsidiaries1 record
Cypress Creek Renewables funding detail
Funding detailFunding overview
Funding rounds11 records
Investors17 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cypress Creek Renewables M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cypress Creek Renewables
What does Cypress Creek Renewables do?
Cypress Creek Renewables is an independent power producer that develops, finances, owns, and operates utility-scale solar photovoltaic and battery energy storage projects across the United States. The company sells electricity generated from these assets through long-term power purchase agreements (PPAs) with corporate counterparties and electric utilities, while also providing operations and maintenance services through its subsidiary Cypress Creek Solutions.
Is Cypress Creek Renewables a public or private company?
Cypress Creek Renewables is a private company. It is classified as private equity controlled and is currently operating.
When was Cypress Creek Renewables founded?
Cypress Creek Renewables was founded in 2010. It employs 251 to 500 people.
Where is Cypress Creek Renewables based?
Cypress Creek Renewables is headquartered in Santa Monica, United States, in the North America region.
How does Cypress Creek Renewables make money?
Two revenue lines are on record. Electricity sales through PPAs are the primary driver. The others are project development and construction.
Who are Cypress Creek Renewables's main competitors?
Clearway Energy is listed as a peer. Direct peers are Invenergy, Swift Current Energy and Avantus (formerly 8minute Solar Energy).
Does Cypress Creek Renewables have an API?
No public API is recorded for Cypress Creek Renewables.
What industry is Cypress Creek Renewables in?
Cypress Creek Renewables's product category is Utility-Scale Solar and Battery Energy Storage. Its primary akta.pro industry code is EUAGADAI, Hybrid PPAs (Renewables + Storage) & Firm Renewable Products. Its NAICS code is 221114 and its SIC code is 4911.