Leeward Renewable Energy
Leeward Renewable Energy is a private utility-scale renewable energy developer, owner, and operator headquartered in Dallas, Texas, generating over 4 GW of wind, solar, and battery storage capacity across 30+ facilities under long-term power purchase agreements with U.S. utilities.
- Company typePrivate
- Founded2003
- HeadquartersDallas, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
Leeward Renewable Energy firmographics
Firmographics- Name
- Leeward Renewable Energy
- Legal name
- Leeward Renewable Energy, LLC
- Website
- https://leewardenergy.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Leeward Renewable Energy is a private utility-scale renewable energy developer, owner, and operator headquartered in Dallas, Texas, generating over 4 GW of wind, solar, and battery storage capacity across 30+ facilities under long-term power purchase agreements with U.S. utilities.
- Ownership category
- akta.pro rank
Leeward Renewable Energy industry classification
Industry- Product category
- Utility-Scale Renewable Energy Generation
- NAICS
- Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation (22111)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Operations, Maintenance & Asset Management (O&M, Vegetation, Spares, SCADA) (EUACAGAH)
- akta.pro secondary industries
- Hybrid PPAs (Renewables + Storage) & Firm Renewable Products (EUAGADAI), Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE)
Keywords
Where Leeward Renewable Energy is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Leeward Renewable Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Power Purchase Agreements (PPAs): LRE generates revenue through long-term power purchase agreements with utilities and energy buyers, selling electricity generated from wind, solar, and storage facilities under multi-decade contracts.
- Tax Equity Financing: LRE attracts tax equity investors (such as Wells Fargo) who provide capital commitments in exchange for tax benefits (tax credits, depreciation) associated with renewable energy projects.
- Land Lease Agreements: LRE leases land from landowners for development and operation of renewable energy projects, creating a stream of income for landowners while LRE retains project operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Utility-scale renewable energy procurement via PPA |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Leeward Renewable Energy product offering
Product offeringCore offering
Leeward Renewable Energy (LRE) develops, owns, and operates utility-scale wind, solar, and battery energy storage facilities across the United States. The company generates clean electricity and sells it to utilities and institutional energy buyers under long-term power purchase agreements (PPAs), with a current portfolio exceeding 4 GW of operational capacity across 30+ facilities and 130+ projects in development.
Product overview
Leeward Renewable Energy (LRE) is a renewable energy developer, owner, and operator offering a diversified portfolio of utility-scale clean energy solutions spanning wind, solar, and battery storage technologies. The company operates its assets under long-term power purchase agreements with utilities. Key products include wind projects like Cedar Creek Wind Energy (301 MW), solar projects including Mayes County Solar (~370 MW), Horizon Solar (200 MW), Ridgely Solar (177 MW), and Harvey Solar (350 MW), and battery storage facilities such as AVEP BESS (126 MW/500+ MWh), Sierra Pinta BESS (112.5 MW/450 MWh), and the Rabbitbrush and Chaparral Springs solar-plus-storage projects. LRE currently operates 30+ projects producing over 4GW with another 130 projects under development.
Differentiator
Problem solved
Functional benefit
Products and services
- Cedar Creek Wind Energy Utility-scale wind energy project in Weld County, Colorado, with 301 MW nameplate capacity that reached commercial operation in 2007 and supplies electricity under a long-term PPA with Xcel Energy (Public Service Company of Colorado).
- Mayes County Solar Solar energy project in Mayes County, Oklahoma (near Pryor Creek) consisting of three facilities generating approximately 370 MW of clean energy on privately-owned land.
- AVEP BESS Antelope Valley BESS in Kern County, California — a 126 MW standalone battery energy storage system capable of storing over 500 MWh of clean power, operating under a PPA with Southern California Edison to support grid resiliency.
- Rabbitbrush Solar 100 MW solar and storage project in Kern County, California, sited adjacent to AVEP BESS and the Chaparral Springs project.
- Chaparral Springs Solar-Plus-Storage Solar-plus-storage project in Kern County, California combining 174 MW of solar PV with a four-hour 88 MW/352 MWh battery energy storage system, operational from September 2023.
- Sierra Pinta BESS 112.5 MW/450 MWh standalone battery energy storage facility in Yuma County, Arizona, operating under a 15-year resource adequacy agreement with California utility PG&E.
- Horizon Solar Project 200 MW utility-scale solar project in Texas financed through $75 million in green loan construction financing from MUFG Bank and $105 million tax equity commitment from Wells Fargo.
- Ridgely Solar Project 177 MW solar project in Tennessee, LRE's first Tennessee solar facility, supplying power under a long-term agreement with TVA and developed in collaboration with Nextracker and First Solar.
- Harvey Solar Project 350 MW planned solar facility in Licking County, Ohio, acquired from Open Road Renewables with construction expected to begin fall 2026 and commercial operations targeted for late 2028.
Quantifiable outcome
- LRE's Sierra Pinta BESS expected to generate $12.4 million in local property tax revenue over its operational life
- +4 more outcomes
Companies that use Leeward Renewable Energy
Customer profileNamed customers4 records
Segments1 record
Ideal customer profiles2 records
Leeward Renewable Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Leeward Renewable Energy partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and key supplier.
- Open Road RenewablescoreLRE acquired the 350 MW Harvey Solar Project in Ohio from Open Road Renewables. The project is in late-stage development with construction expected to begin fall 2026 and commercial operations targeted for late 2028.
- Nextrackerkey supplierNextracker supplied solar tracking technology for the Ridgely solar project in Tennessee, a collaboration supporting U.S. companies and clean energy deployment.
- First Solarkey supplierFirst Solar provided solar panels for the Ridgely project in Tennessee, collaborating with LRE on utility-scale solar deployment.
- Mitsubishi Heavy Industrieskey supplierSupplied 221 units of Mitsubishi 1000 1.0 MW wind turbine generators for Cedar Creek Wind Energy project in Colorado (301 MW total capacity).
- GE Renewable Energykey supplierSupplied 53 GE 1.5 MW wind turbine generators for Cedar Creek Wind Energy project in Colorado.
Scale indicators14 records
Recent moves6 records
Expansion highlights6 records
Leeward Renewable Energy competitors and assessment
Company assessmentBroad incumbents
- NextEra Energy Resources: Subsidiary of NextEra Energy and the largest US wind and solar developer/operator. Directly comparable utility-scale wind/solar/storage IPP model with long-term PPAs to utilities, but with materially larger portfolio and balance sheet.
- EDF Renewables North America: North American subsidiary of EDF Renewables, one of the largest global IPPs. Develops, owns, and operates utility-scale wind, solar, and storage with PPAs to US utilities — same customer profile and product mix as LRE, with broader global parent backing.
- EDP Renewables North America: North American subsidiary of EDP Renováveis, a global renewable IPP. Operates utility-scale wind and solar farms in the US with long-term PPAs — directly comparable customer mix and asset class to LRE, with a larger global parent.
- AES Corporation: Global power company and major US renewable energy and BESS operator through AES Clean Energy. Competitor in utility-scale solar and standalone storage PPAs with the same utility customers (SCE, PG&E).
Direct peers
- Invenergy: Chicago-based privately held developer, owner, and operator of utility-scale wind, solar, and storage in North America. Closest pure-play comparable to LRE in terms of multi-technology, utility-scale, PPA-based model and headcount scale.
- Clearway Energy: Publicly traded renewable IPP operating utility-scale wind and solar generation under long-term contracts with US utilities and corporate offtakers. Same contracted-revenue IPP model as LRE with overlapping technology mix.
- Apex Clean Energy: Private US-based utility-scale wind and solar/storage developer headquartered in Charlottesville, VA. Closely comparable private developer competing for similar utility PPAs and interconnection capacity.
- Longroad Energy: US-focused renewable energy developer and operator with utility-scale wind, solar, and storage assets. Comparably sized private IPP competing for similar utility-scale PPAs across the same US geographies.
- Arevia Power: Private US renewable energy developer focused on utility-scale solar, wind, and storage projects in the Western US. Comparable in size and operating model to LRE, with overlapping geographic footprint in California and the Southwest.
Emerging players
- rPlus Energies: US-based renewable energy developer focused on utility-scale solar, wind, and battery storage projects with PPAs to utilities and corporations. Comparable private developer competing for similar project opportunities in the Western US.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Leeward Renewable Energy social profiles
Digital presenceLeeward Renewable Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Leeward Renewable Energy leadership team
Management profileNumber of profiles
Profiles11 records
Leeward Renewable Energy funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Leeward Renewable Energy 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 Leeward Renewable Energy
What does Leeward Renewable Energy do?
Leeward Renewable Energy (LRE) develops, owns, and operates utility-scale wind, solar, and battery energy storage facilities across the United States. The company generates clean electricity and sells it to utilities and institutional energy buyers under long-term power purchase agreements (PPAs), with a current portfolio exceeding 4 GW of operational capacity across 30+ facilities and 130+ projects in development.
Is Leeward Renewable Energy a public or private company?
Leeward Renewable Energy is a private company. It is classified as private equity controlled and is currently operating.
When was Leeward Renewable Energy founded?
Leeward Renewable Energy was founded in 2003. It employs 251 to 500 people.
Where is Leeward Renewable Energy based?
Leeward Renewable Energy is headquartered in Dallas, United States, in the North America region.
How does Leeward Renewable Energy make money?
Three revenue lines are on record. Power Purchase Agreements (PPAs) is the primary driver. The others are tax Equity Financing and land Lease Agreements.
Who are Leeward Renewable Energy's main competitors?
Broad incumbents on record are NextEra Energy Resources, EDF Renewables North America, EDP Renewables North America and AES Corporation. Direct peers are Invenergy, Clearway Energy, Apex Clean Energy, Longroad Energy and Arevia Power. rPlus Energies is listed as an emerging player.
Does Leeward Renewable Energy have an API?
No public API is recorded for Leeward Renewable Energy.
What industry is Leeward Renewable Energy in?
Leeward Renewable Energy's product category is Utility-Scale Renewable Energy Generation. Its primary akta.pro industry code is EUACAGAH, Operations, Maintenance & Asset Management (O&M, Vegetation, Spares, SCADA), with a secondary code of EUAGADAI, Hybrid PPAs (Renewables + Storage) & Firm Renewable Products. Its NAICS code is 221114 and its SIC code is 4911.