Primergy Solar
Primergy Solar is a privately held utility-scale solar PV and battery storage developer, owner, and operator. Founded in 2020 by Quinbrook Infrastructure Partners, it finances, builds, and operates large-scale projects serving utilities, hyperscalers, and community power organizations across major US energy markets.
- Company typePrivate
- Founded2020
- HeadquartersOakland, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Primergy Solar does
Primergy Solar is a privately held utility-scale solar photovoltaic (PV) and battery energy storage system (BESS) developer, owner, and operator headquartered in Oakland, California. Founded in May 2020 as a portfolio company of Quinbrook Infrastructure Partners, the company develops, finances, constructs, and operates large-scale energy projects across the United States, with activity spanning the WECC, ERCOT, MISO, PJM, CAISO, and SERC markets. Its portfolio includes 10,800 MW of solar and 52,600 MWh of BESS in development and construction, and 1,200 MW of solar and 1,520 MWh of BESS in commercial operation.
The company's core products are individual utility-scale solar and solar-plus-storage projects delivered as long-duration physical assets, including the flagship Gemini Solar + Storage project (690 MWac solar + 380 MWac/1,400 MWh battery) in Nevada, the 408 MW Ash Creek Solar project in Texas, the 100 MWac Prairie Mist Solar project in Arkansas, and a pipeline of projects in Minnesota, Colorado, and Nevada such as Northern Crescent, Hesperus, Hot Pot, Iron Point, Castor Storage, and the Purple Sage Energy Center. Technology components include high-efficiency bifacial solar panels (Maxeon), CATL battery cells, and IHI Terrasun storage integration, deployed within an end-to-end development-to-asset-management operating model built around a proprietary low-touch development methodology.
Primergy generates revenue primarily through long-term power purchase agreements (PPAs) with creditworthy offtakers, including utilities (NV Energy under a 25-year Gemini PPA), hyperscalers (Microsoft for Ash Creek, Amazon for Prairie Mist and a separate 600 MW solar + 600 MW BESS data center PPA), community choice aggregators (San Diego Community Power for Purple Sage), and corporate energy buyers. The company captures additional income from asset management, operations and maintenance, tax equity structuring, and construction management across its development pipeline. Distribution is entirely direct B2B enterprise sales with multi-year sales cycles driven by long-dated PPAs rather than standard pricing.
Primergy Solar firmographics
Firmographics- Name
- Primergy Solar
- Legal name
- Primergy Solar, LLC
- Website
- https://primergypower.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Primergy Solar is a privately held utility-scale solar PV and battery storage developer, owner, and operator. Founded in 2020 by Quinbrook Infrastructure Partners, it finances, builds, and operates large-scale projects serving utilities, hyperscalers, and community power organizations across major US energy markets.
- Ownership category
- akta.pro rank
Primergy Solar industry classification
Industry- Product category
- Utility-Scale Solar & Battery Energy Storage
- NAICS
- Solar Electric Power Generation (221114)
- akta.pro primary industry
- Utility-Scale PV Project Development & Permitting (EUACAGAA)
- akta.pro secondary industry
- Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)
Keywords
Where Primergy Solar is headquartered
LocationHeadquarters
- HQ city
- Oakland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Primergy Solar business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Others
Revenue model
- Power Purchase Agreement Revenue: Primergy develops, builds, owns, and operates utility-scale solar and battery storage projects. Revenue is generated from long-term PPAs with utilities, corporations, and community power organizations, providing contracted cash flows over 20-25 year periods.
- Asset Management Fees: Ongoing fees from managing operational projects including operations and maintenance services for owned and operated assets.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Primergy Solar product offering
Product offeringCore offering
Primergy Solar develops, builds, owns, and operates utility-scale solar photovoltaic (PV) projects and battery energy storage systems (BESS) across major US power markets. The company generates revenue through long-term (20–25 year) Power Purchase Agreements (PPAs) with utilities, corporate offtakers, and community power organizations, supplemented by ongoing asset management and operations & maintenance services for its operational portfolio.
Product overview
Primergy Solar is a developer, owner, and operator of utility-scale solar PV and battery storage projects across the United States. The company operates a portfolio of distinct solar and energy storage products including the flagship Gemini Solar + Storage project (690 MWac solar + 380 MWac battery storage), multiple solar projects with co-located battery storage (Ash Creek, Hesperus, Hot Pot, Iron Point, Purple Sage Energy Center), stand-alone battery storage systems (Castor Storage, Blue Skies BESS), and distributed solar portfolios (Small Scale Experience). The portfolio spans projects in development, construction, and operation across major energy markets including ERCOT, MISO, PJM, CAISO, WECC, and SERC. As of the data, the company has 10,800 MW of solar and 52,600 MWh of BESS in development and construction, with 1,200 MW of solar and 1,520 MWh of BESS operational.
Differentiator
Problem solved
Functional benefit
Products and services
- Gemini Solar + Storage The 690 MWac solar photovoltaic project paired with a 380 MWac / 1,400 MWh battery energy storage system located in Clark County, Nevada. Operational since 2024, it is the largest co-located, single-phase solar-plus-storage project operating in the United States and delivers clean, dispatchable power under a 25-year PPA with NV Energy.
- Ash Creek Solar A 408 MWac solar project located in Hill County, Texas, with a Power Purchase Agreement with Microsoft for the project's entire output. Reached commercial operation in July 2025 and powers approximately 90,000 homes annually.
- Amazon Solar Farm Arkansas - Prairie Mist A 100 MWac solar project in Ashley County, Arkansas, connected to Entergy's transmission system in the MISO footprint. Fully operational since December 2024, powering approximately 22,000 homes annually under a power purchase agreement with Amazon.
- Northern Crescent Solar A 150 MWac solar project with option for 50 MWac of battery energy storage located in Faribault County, Minnesota. Powers approximately 35,000 homes annually once operational.
- Hesperus Solar A 155 MWac solar plus 155 MWac battery energy storage system project under development eight miles southwest of Durango in La Plata County, Colorado. Delivers solar output under a PPA with Guzman Energy.
- Hot Pot Solar A 350 MWac solar photovoltaic system paired with 280 MW of battery storage located in Humboldt County, Nevada. Developed under a partnership with NV Energy.
- Iron Point Solar A 250 MWac solar photovoltaic system paired with 200 MW of battery storage located in Humboldt County, Nevada. Developed under a partnership with NV Energy.
- Castor Storage A 310 MWac utility-scale battery energy storage project located in Clark County, Nevada, designed to strengthen grid reliability and support affordable energy for Nevada ratepayers.
- Blue Skies BESS A battery energy storage system project located in Hill County, Texas.
- Misty Pines A solar project under development in Ashley County, Arkansas.
- Purple Sage Energy Center A 400 MW solar plus 1.6 GWh battery energy storage project in southern Nevada near the Nevada-California line, with a power purchase agreement with San Diego Community Power. Expected to power approximately 100,000+ homes annually.
- Sleepy Orange A solar project in development phase.
- Small Scale Experience A distributed solar portfolio consisting of small-scale solar projects across California, Colorado, Illinois, and Texas.
Quantifiable outcome
- 690 MWac solar + 380 MWac battery storage operational since 2024 in Nevada (Gemini)
- +7 more outcomes
Companies that use Primergy Solar
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles3 records
Primergy Solar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Primergy Solar partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered key, flagship, core and supporting.
- MicrosoftkeyMicrosoft has a power purchase agreement with Primergy for 408 MW Ash Creek Solar project in Texas. Microsoft is a major corporate offtaker for Primergy's utility-scale solar projects, providing long-term contracted revenue through PPA agreements.
- AmazonkeyAmazon has signed a 600 MW solar with 600 MW battery storage PPA with Primergy to power data center operations in Nevada. This is Amazon's first data center project powered by dedicated geothermal generation combined with solar/storage.
- NV EnergyflagshipNV Energy has a 25-year PPA for all output from Gemini Solar + Storage project. NV Energy is the utility offtaker for Primergy's flagship Nevada projects including Gemini, Castor, Hot Pot, and Iron Point.
- SOLV EnergykeyEngineering, procurement, and construction (EPC) contractor for Ash Creek Solar project.
- KiewitkeyEPC contractor for Gemini Solar + Storage project.
- CATL (Contemporary Amperex Technology)keySole battery supplier for Gemini Solar + Storage project, providing battery energy storage systems.
- Maxeon Solar TechnologieskeySupplier of approximately 1 GW of high-efficiency bifacial solar panels for Gemini project.
- IHI Terrasun SolutionskeyBattery storage integrator for Gemini Solar + Storage project.
- SEIA (Solar Energy Industries Association)corePrimergy joined SEIA's Board of Directors, participating in industry advocacy and policy development.
- Arevia PowerflagshipDevelopment partner for Gemini project and Valley of Fire portfolio since 2017. Arevia developed initial stages of Gemini before Primergy acquisition.
- Avangrid RenewableskeyAvangrid Renewables transferred Hot Pot and Iron Point projects (600 MW portfolio) to Primergy for completion of development, financing, and construction.
- Orrick, Herrington & Sutcliffe LLPsupportingLegal advisor to Primergy for Gemini refinancing transaction.
- Latham & Watkins LLPsupportingLegal advisor to note purchasers and letter of credit facility banks for Gemini refinancing.
Scale indicators12 records
Recent moves7 records
Expansion highlights6 records
Primergy Solar competitors and assessment
Company assessmentDirect peers
- Hecate Energy: US developer of utility-scale solar PV and battery storage projects with a multi-gigawatt pipeline across MISO, PJM, SERC and ERCOT. Comparable in scale, customer mix (utilities and corporates) and project development focus.
- Lightsource bp: Global utility-scale solar developer and owner co-owned by bp, with a major US presence developing solar and storage projects for corporate and utility offtakers. Highly comparable in business model, project structure and target customers.
- AES Clean Energy: US-based utility-scale renewable energy developer (subsidiary of The AES Corporation) focused on solar, wind and battery storage PPAs with utilities and corporate buyers. Highly comparable business model, customer mix and project scale as Primergy.
- EDF Renewables North America: North American subsidiary of EDF Renewables, developing and operating utility-scale solar, wind and storage projects under long-term PPAs. Comparable as a large, utility-affiliated IPP competing in the same ERCOT, CAISO and PJM markets.
- Arevia Power: Nevada-based independent power developer that co-developed the Gemini Solar + Storage project with Primergy/Quinbrook before transferring ownership. Comparable as a utility-scale solar+storage developer operating in WECC and serving utility offtakers.
- Invenergy: Chicago-based privately held developer, owner and operator of utility-scale renewable and storage projects across North America. Directly comparable as a multi-gigawatt, sponsor-backed solar+storage IPP competing for similar hyperscaler and utility PPAs.
- Recurrent Energy: US utility-scale solar and battery storage developer owned by Canadian Solar, headquartered in San Francisco. Directly comparable as a North American PV+BESS IPP selling long-term PPAs to utilities and corporates; notably, Primergy CEO Ty Daul was previously President of Recurrent Energy.
- Clearway Energy Group: US operator and developer of utility-scale renewable and conventional generation and storage assets, owned by Global Infrastructure Partners. Directly comparable as a contracted, cash-yielding solar+storage IPP with multi-gigawatt pipeline.
Broad incumbents
- NextEra Energy Resources: Largest US renewable energy operator and a subsidiary of NextEra Energy, developing and operating utility-scale solar, wind and storage assets across all major ISOs. Comparable as a leading utility-scale solar+storage IPP, but broader scope, publicly traded parent and significantly larger scale than Primergy.
Emerging players
- Avantus (formerly 8point3 Energy Partners / NextEra/Exelon JV history): US utility-scale solar and storage developer with a large late-stage pipeline focused on California and the Southwest. Comparable as a contracted solar+storage developer, though historically more weighted to California than Primergy's broader ISO footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Primergy Solar social profiles
Digital presencePrimergy Solar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Primergy Solar leadership team
Management profileNumber of profiles
Profiles9 records
Primergy Solar funding detail
Funding detailFunding overview
Funding rounds6 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Primergy Solar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Primergy Solar
What does Primergy Solar do?
Primergy Solar develops, builds, owns, and operates utility-scale solar photovoltaic (PV) projects and battery energy storage systems (BESS) across major US power markets. The company generates revenue through long-term (20–25 year) Power Purchase Agreements (PPAs) with utilities, corporate offtakers, and community power organizations, supplemented by ongoing asset management and operations & maintenance services for its operational portfolio.
Is Primergy Solar a public or private company?
Primergy Solar is a private company. It is classified as private equity controlled and is currently operating.
When was Primergy Solar founded?
Primergy Solar was founded in 2020. It employs 101 to 250 people.
Where is Primergy Solar based?
Primergy Solar is headquartered in Oakland, United States, in the North America region.
How does Primergy Solar make money?
Two revenue lines are on record. Power Purchase Agreement Revenue is the primary driver. The others are asset Management Fees.
Who are Primergy Solar's main competitors?
Direct peers on record are Hecate Energy, Lightsource bp, AES Clean Energy, EDF Renewables North America, Arevia Power, Invenergy, Recurrent Energy and Clearway Energy Group. NextEra Energy Resources is listed as a broad incumbent. Avantus (formerly 8point3 Energy Partners / NextEra/Exelon JV history) is listed as an emerging player.
Does Primergy Solar have an API?
No public API is recorded for Primergy Solar.
What industry is Primergy Solar in?
Primergy Solar's product category is Utility-Scale Solar & Battery Energy Storage. Its primary akta.pro industry code is EUACAGAA, Utility-Scale PV Project Development & Permitting, with a secondary code of EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer). Its NAICS code is 221114.