Cypress Creek Renewables

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.

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

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

• Utility-scale solar
• Battery energy storage
• Power purchase agreements
• Solar project development
• Renewable energy financing

Headquarters

HQ city

Santa Monica

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations, Others

Revenue model

1. 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.
2. 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

Core 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

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered major and core.

• First SolarmajorStrategic or Co-development Partner · 11 June 2026Supplier of domestically manufactured solar panels for the Steel River Energy Center project, supporting US content requirements and domestic supply chain.
• 38 Degrees NorthmajorChannel Partner/ Reseller/ Distributor · 8 June 2026Acquired 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 EnergycoreStrategic or Co-development Partner · 12 March 2026Seller 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 CooperativecoreChannel Partner/ Reseller/ Distributor · 20 October 2025Offtake 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

Peers

• Clearway Energy:

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

• Xx.com/CCRSolar
• Facebookfacebook.com/CypressCreekRenewables
• LinkedInlinkedin.com/company/cypress-creek-renewables

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds11 records

Investors17 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cypress Creek Renewables