Leeward Renewable Energy

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

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

• Utility-scale renewable energy
• Wind power generation
• Solar energy projects
• Battery storage systems
• Clean energy development

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core 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

Named customers4 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and key supplier.

• Open Road RenewablescoreStrategic or Co-development Partner · 1 April 2026LRE 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 supplierTechnology or IntegrationNextracker supplied solar tracking technology for the Ridgely solar project in Tennessee, a collaboration supporting U.S. companies and clean energy deployment.
• First Solarkey supplierTechnology or IntegrationFirst Solar provided solar panels for the Ridgely project in Tennessee, collaborating with LRE on utility-scale solar deployment.
• Mitsubishi Heavy Industrieskey supplierTechnology or IntegrationSupplied 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 supplierTechnology or IntegrationSupplied 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

Broad 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

• Xx.com/leewardenergy
• YouTubeyoutube.com/channel/UCzLGvniXclyP9cZ_2To064Q
• Facebookfacebook.com/leeward-renewable-energy-llc-852821054839423
• LinkedInlinkedin.com/company/leeward-renewable-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds4 records

Investors4 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 Leeward Renewable Energy