Strata Clean Energy

Name

Strata Clean Energy

Legal name

Strata Clean Energy Holdings, LLC

Website

https://www.stratacleanenergy.com/

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Utility-Scale Solar and Energy Storage Infrastructure

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Owner’s Engineering, Grid Interconnection & System Studies (PVsyst/Performance Modeling, Protection Studies) (EUACAGAG)

akta.pro secondary industries

Commissioning, Testing & Energization Services (Pre-Commissioning, Grid Code Compliance) (EUAMAFAK), Site Preparation & Civil Works (Clearing, Grading, Earthworks, Roads) (EUAMAFAA), Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA)

Keywords

• Utility-scale solar development
• Battery energy storage systems
• Renewable energy EPC services
• Operations and maintenance
• Clean energy infrastructure

Headquarters

HQ city

Durham

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Project Development & Sale: Originates, develops, and may sell projects to utilities, IPPs, or other buyers. Revenue recognized at project sale or through co-ownership structures. Development fees and transaction fees from project sales (e.g., sold Cerulean Solar project to Dominion Energy).
2. EPC Services: Engineering, procurement, and construction services provided to utilities, IPPs, and hyperscalers for utility-scale solar and storage projects. Revenue from construction contracts, typically fixed-price or cost-plus arrangements.
3. Asset Ownership & Management: Long-term ownership of operating solar and storage assets generating revenue through PPAs, tolling agreements, and energy sales. Owns and operates 150+ IPP assets including 1 GW across assets with investment-grade offtake. Retains ownership in more than 50% of projects developed.
4. Operations & Maintenance (O&M): Long-term O&M contracts for utility-scale solar and BESS assets owned by Strata or third parties. Services include 24/7 monitoring, predictive maintenance, field service, compliance management, and warranty administration. Manages 260+ PV and BESS assets across 25 states.
5. Power-to-X (P2X) Platform: Emerging platform to convert renewable energy into low-carbon hydrogen derivatives (ammonia, e-methane, SAF) for industrial, agricultural, and transportation markets where direct electrification is not viable.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Strata Clean Energy is a vertically integrated utility-scale clean energy infrastructure company that develops, builds, owns, and operates solar, battery energy storage (BESS), and hybrid power projects. The company delivers turnkey services spanning site origination, engineering, procurement and construction (EPC), asset management, operations and maintenance (O&M), and capital markets financing for utilities, independent power producers, and hyperscalers.

Product overview

Strata Clean Energy is a vertically integrated energy infrastructure company offering a unified platform spanning turnkey development, engineering/procurement/construction (EPC), asset management, operations & maintenance (O&M), and financing capabilities. The company's core technology portfolio includes utility-scale solar power (3.6 GW installed), battery energy storage systems (1.8 GW installed, 5 GWh developed), natural gas solutions, and Power-to-X (P2X) platforms for producing carbon-free hydrogen derivatives. Supporting services include Grid & Interconnection Expertise through its Power Generation Solutions team, and the SupplyShield™ supply chain program. The company serves three customer segments: Utilities, Independent Power Producers (IPPs), and Hyperscalers/Data Centers. Notable products include Entitled Power Land (EPL) for data centers and the P2X platform for industrial decarbonization. The company maintains 260+ assets under O&M across 25 states and has raised $4B+ debt and $1.1B+ tax equity.

Differentiator

Problem solved

Functional benefit

Brands

• SupplyShield: Supply chain program that secures critical equipment at scale, conducts routine factory audits, and ensures quality control through pre-production and in-line audits at factories producing modules, batteries, inverters, transformers, and high-voltage equipment.
• Power Generation Solutions (PGS)
• Power-to-X (P2X)

Products and services

• Turnkey Development

Quantifiable outcome

• 300+ projects constructed and operating; 6+ GW commissioned
• +5 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and major.

• FTC SolarcoreTechnology or Integration · 10 March 2026Five-year expanded supply agreement for 1,000 MW of Voyager 2P solar tracker systems. Builds on initial ~500 MW agreement from September 2024. First project under expansion expected H2 2027. Strata cited labor efficiencies and cost savings from FTC trackers. FTC Solar designated as preferred supplier. FTC Solar also acquired Alpha Steel in Sealy, Texas for domestic tracker component production.
• GridstormajorStrategic or Co-development Partner · 18 September 2025Gridstor acquired White Tank battery storage project (100 MW / 400 MWh) in Arizona from Strata. Project operates via 20-year tolling agreement with APS. Strata serves in consultative role until COD expected H1 2027. GridStor is backed by Goldman Sachs Asset Management.
• Copenhagen Infrastructure Partners (CIP)coreStrategic or Co-development Partner · 23 January 2025CIP acquired Scatter Wash Energy Storage project (255 MW / 1,020 MWh in Maricopa County, AZ) from Strata. Strata retained as construction and asset manager through completion. Aligns owner, sponsor, and operator around same performance goals. 20-year tolling PPA with Arizona Public Service.
• TeslacoreTechnology or Integration · 23 January 2025Tesla supplied Megapack battery systems for Scatter Wash project. Tesla and Novasource took on equipment and balance of plant O&M roles for the project.
• Arizona Public Service (APS)coreStrategic or Co-development Partner · 16 July 2024APS is utility counterparty for 20-year tolling agreements on both Justice (150 MW/600 MWh) and Scatter Wash (255 MW/1,020 MWh) battery storage projects. APS awarded projects through All-Source RFP launched June 2023. Strata develops, owns, and operates these assets as part of its portfolio.
• MortensonmajorImplementation/ SI/ Consulting Partner · 23 January 2024Selected as Strata's EPC partner for Scatter Wash battery storage complex in April 2023. Chosen based on commitment to partnering, technical expertise, and track record for completing projects on time.
• Crossover Energy PartnersmajorStrategic or Co-development Partner · 14 November 2022Strata acquired Phoenix-based Crossover Energy Partners in November 2022, strengthening commercial capabilities and deal origination platform. CEP was a clean energy solutions company experienced in end-to-end energy transition products. Founder Tiago Sabino Dias became Chief Commercial Officer at Strata.
• Dominion EnergymajorStrategic or Co-development Partner · 15 September 2022Dominion Energy acquired Cerulean Solar project from Strata (closed November 2022). Strata also developed 144 MW Bookers project for Dominion in Farnham, Virginia. Strata served as Official Military Sponsor for 2022 Dominion Energy Charity Classic.

Scale indicators24 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Invenergy: Privately held, vertically integrated U.S. renewable energy developer, IPP and operator with utility-scale solar, storage and wind assets — directly comparable to Strata's vertically integrated platform, IPP ownership model and utility/hyperscaler customer focus.
• Avantus (KKR): Pre-construction solar and storage developer with a large U.S. pipeline, acquired by KKR. Strata's new CDO Jason Moretz came from Avantus, signaling directly comparable pipeline-development economics, IPP sale channels and hyperscaler focus.
• Arevon Energy: U.S. renewable energy developer and IPP focused on solar and storage projects. Strata's CCO previously held roles at Arevon, and the two compete for similar utility RFPs and IPP sale counterparties.
• Lightsource bp: Global utility-scale solar developer and owner-operator with significant U.S. presence. Closely comparable on utility-scale solar+storage development, project sales to utilities/IPPs, and supply chain-driven EPC execution.

Broad incumbents

• EDF Renewables North America: Subsidiary of EDF with utility-scale wind, solar and storage development plus asset ownership. Competes with Strata on utility RFPs and hyperscaler engagements but as part of a broader, parent-backed portfolio.
• NextEra Energy Resources: Largest U.S. renewable energy operator and developer (sister company to Florida Power & Light). Competes with Strata across utility-scale solar, storage and IPP asset sales at meaningfully greater scale and balance sheet capacity.
• AES Corporation: Global renewable IPP and utility owner (parent of sPower). Overlaps with Strata on solar+storage development, IPP ownership and O&M services, with a much larger and more diversified portfolio.
• Clearway Energy: NYSE-listed renewable IPP with operating solar and wind assets and an active development pipeline. Competes with Strata for project sales from developers and operates in similar utility-scale solar+storage segments.

Emerging players

• Pine Gate Renewables: U.S. solar and storage developer focused on utility-scale projects, including behind-the-meter community solar. Comparable on solar+storage development pipeline and IPP sale channel, though at smaller scale than Strata.

Others

• Mortenson Construction: Major U.S. EPC contractor for wind, solar, storage and high-voltage infrastructure. Selected by Strata as EPC partner on Scatter Wash; comparable on construction execution, safety metrics and BESS project delivery capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/stratacleanenergy

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors5 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 Strata Clean Energy