Renewable Power Capital
Renewable Power Capital is a CPP Investments-backed pan-European renewable energy investment platform that develops, owns, and operates utility-scale wind, solar PV, and battery storage assets across six European countries, generating contracted revenue through long-term PPAs with large industrial corporates.
- Company typePrivate
- Founded2020
- HeadquartersLondon, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Renewable Power Capital does
Renewable Power Capital (RPC) is a pan-European renewable energy investment platform established in December 2020 and headquartered in London, with an additional office in Madrid. Founded and majority-backed by CPP Investments (Canada Pension Plan Investment Board) as its primary European vehicle for solar, onshore wind, and energy storage investments, RPC has committed approximately €1.5 billion in acquisitions since inception and built a 6.5GW development pipeline across the UK, Sweden, Finland, Spain, Italy, and Poland. The company operates across the full value chain: developing, constructing, owning, and operating utility-scale renewable assets.
RPC's core technology and asset base consists of onshore wind farms (845MW Swedish portfolio including the 553MW High Coast cluster and 317MW of operational capacity across Finland and Sweden), utility-scale solar PV (4.4GW pipeline across Spain plus 1GW Finnish pipeline with Aurinkokarhu), and battery energy storage systems (5.5GW+ pipeline across UK, Italy, and Finland). The company partners with established engineering, procurement, and construction firms (Nordex for turbines, OX2 as anchor co-developer) and sources ready-to-build projects from multiple development partners (Greenfield, Elmya Energy, Altea Green Power, Eelpower, ib vogt, Euder Energy, Benbros Solar, Tundra Advisory). It maintains deep co-development joint ventures with developers in each core geography.
RPC's business model centers on long-term contracted cash flows. It invests unlevered and unhedged in post-subsidy renewable assets and secures 10-year Power Purchase Agreements with large industrial offtakers including FORVIA (automotive), Ardagh Glass Packaging (glass), LyondellBasell (chemicals), Procter & Gamble (consumer goods), Elisa (telecommunications), Alpiq (energy trading), and Gasum (energy). Revenue is generated through three streams: long-term PPAs (subscription/recurring contracted cash flows), asset ownership and operation of wind/solar/storage assets in wholesale and ancillary service markets, and project development and construction management fees. RPC has secured project-level debt at scale, including €555M for High Coast and €197.4M for Finnish wind refinancing, indicating bankability with major European and Canadian lenders.
Renewable Power Capital firmographics
Firmographics- Name
- Renewable Power Capital
- Legal name
- Renewable Power Capital Limited
- Website
- https://renewablepowercapital.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Renewable Power Capital is a CPP Investments-backed pan-European renewable energy investment platform that develops, owns, and operates utility-scale wind, solar PV, and battery storage assets across six European countries, generating contracted revenue through long-term PPAs with large industrial corporates.
- Ownership category
- akta.pro rank
Renewable Power Capital industry classification
Industry- Product category
- Renewable Energy Investment
- NAICS
- Electric Power Generation (22111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Renewable Energy Infrastructure (FSAAAKAG)
- akta.pro secondary industries
- Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA), Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), PPA Origination, Structuring & Offtake Contracting (Physical/Financial, Sleeves) (EUAMAMAD), Commercial Structuring & Offtake (PPAs, CfDs, Corporate PPAs, Merchant Strategy) (EUAMAAAE), Energy & Power Infrastructure Funds (Generation, Transmission, Storage) (FSANAEAB), Energy Storage & Microgrid Electrical Infrastructure (BESS, Controls) (IMAFAHAE)
Keywords
Where Renewable Power Capital is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Renewable Power Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Infrastructure, Personnel, Marketing or Sales, Others
Revenue model
- Power Purchase Agreements (PPAs): RPC generates revenue through long-term power purchase agreements with corporate and utility customers who offtake renewable energy output. PPAs provide stable, contracted cash flows over 10-year terms without requiring government subsidies.
- Asset Ownership and Operation: RPC owns and operates renewable energy assets (wind farms, solar PV, battery storage) over the long term, generating revenue from energy sales into wholesale markets and ancillary service markets.
- Project Development and Construction Management: RPC generates fees through development, procurement, and construction management of renewable energy projects, bringing industrial capabilities to bear on owned assets and partnership projects.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Renewable Power Capital product offering
Product offeringCore offering
Renewable Power Capital (RPC) develops, constructs, owns, and operates renewable energy and battery storage projects across Europe, including onshore wind, solar PV, and battery energy storage systems (BESS). The company invests via long-term power purchase agreements (PPAs) with corporate offtakers and through asset ownership and operation, managing a 6.5GW pipeline across multiple European markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Onshore Wind Power Generation Development, construction, ownership and operation of onshore wind farms across Europe. Output is sold to corporate offtakers via long-term PPAs and into wholesale markets. Operational portfolio includes Finnish and Swedish wind farms (Klevberget, Vitberget, Storh\u00f6jden, S\u00f6rlidberget, Kn\u00e4sj\u00f6berget).
- Solar PV Development Development and ownership of utility-scale solar PV projects across Spain, Finland, and the UK. Pipeline of 4.4GW across 14 projects in Andaluc\u00eda, Extremadura, Castilla la Mancha, Aragon and Murcia; additional solar co-located with storage in UK and up to 1GW in Finland via Aurinkokarhu partnership.
- Battery Energy Storage Systems (BESS) Development, construction, and operation of battery energy storage systems providing grid stabilization, ancillary services, and balancing for intermittent renewable generation. 5.5GW+ pipeline across Great Britain, Italy, and Finland through partnerships with Greenfield, Eelpower, Elmya Energy, Altea Green Power, and ib vogt.
- Long-Term Power Purchase Agreements (PPAs) Long-term bilateral power purchase agreements (typically 10 years) under which RPC supplies contracted renewable energy output to large corporate and utility customers in Europe, delivering stable contracted cash flows without government subsidies.
Quantifiable outcome
- 182,000 homes powered by Swedish wind portfolio
- +3 more outcomes
Companies that use Renewable Power Capital
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Renewable Power Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Renewable Power Capital partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core.
- AurinkokarhucoreRPC and Aurinkokarhu Oy entered agreement to co-develop up to 1GW of solar PV projects in Finland. This is RPC's first solar deal in Finland with projects expected to achieve ready-to-build status by 2026.
- Altea Green PowercoreRPC and Altea Green Power entered into a development partnership for 1GW of battery energy storage in Italy. The partnership aims to achieve ready-to-build status for the pipeline in 2-4 years. This marks RPC's entry into the Italian storage sector.
- NordexcoreRPC ordered 80 Nordex turbines totaling 553MW for the High Coast wind farm cluster in Sweden. Nordex is responsible for delivering, installing, and commissioning the wind turbines. This marks the first turbine sales agreement between Nordex and RPC.
- Elmya EnergycoreRPC and Elmya Energy entered a joint venture to develop 4GW of BESS and co-located solar PV assets in the UK. Elmya contributed an existing pipeline of over 2.5GW to the JV. This increased RPC's UK storage pipeline to 4.5GW.
- GreenfieldcoreRPC and Greenfield partnership targets at least 500MW of battery storage capacity in the UK. RPC acquired two initial projects from Greenfield with expected combined capacity of 83MW. The partnership has grown to over 273MW across seven BESS projects with planning permission.
- ib vogtcoreRPC reached a deal with ib vogt for a 50MW/50MWh ready-to-build battery storage project in Uusikaupunki, Finland. This is RPC's first storage asset in Finland, with construction beginning Q1/Q2 2024 and completion expected Q4 2025.
- Euder Energy S.L.coreRPC signed agreement with Euder Energy to jointly develop 1GW of solar PV projects in Spain. This partnership strengthens RPC's existing Spanish solar presence, bringing development pipeline to over 4.4GW.
- Tundra Advisory (Taiga Mistral Group)coreRPC partnered with Tundra Advisory to develop up to 1GW of onshore wind projects in Poland. Tundra brings 15+ years of renewables development experience in Poland and has already identified over 500MW of potential sites.
- EelpowercoreRPC and Eelpower agreed a 1GW storage venture in Great Britain. The joint venture targets up to 1GW of storage with near-term pipeline of 240MW. Eelpower is a constructor-owner-operator in the electricity storage market.
- OX2coreRPC acquired 528MW of ready-to-build onshore wind projects in Sweden from OX2, more than doubling its onshore wind portfolio. OX2 constructs wind farms under CATA agreements and provides technical/commercial management. RPC has acquired multiple Finnish and Swedish wind farms from OX2.
- Benbros SolarcoreRPC entered 50:50 joint venture with Benbros Solar to develop 14 solar energy projects across Spain totaling 3.4GW. Projects are located in Andalucía, Extremadura, Castilla la Mancha, Aragon and Murcia.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Renewable Power Capital competitors and assessment
Company assessmentDirect peers
- Brookfield Renewable Partners: One of the world's largest publicly listed renewable energy IPPs with European wind, solar, and storage exposure. Directly comparable as a multi-technology renewable platform that develops, owns and operates contracted renewable assets at scale.
- Copenhagen Infrastructure Partners (CIP): Denmark-based fund manager focused on energy infrastructure including onshore/offshore wind, solar, and storage across Europe. Highly comparable to RPC as a renewables-focused investment platform deploying institutional capital into European energy transition assets.
- BlackRock Global Renewable Power: BlackRock's infrastructure platform invests in renewable power generation and storage assets globally. Directly comparable as a large-scale, institutional capital-backed investor in European renewable infrastructure projects.
- Greencoat UK Wind: London-listed renewable energy infrastructure fund focused on UK onshore wind. Comparable as a long-term owner and operator of European wind assets with contracted cash flows and institutional backing.
Broad incumbents
- Masdar: UAE-based sovereign-backed renewables developer and investor with growing European wind, solar and storage exposure. Comparable as a patient-capital-backed renewable IPP scaling into European markets.
- EDP Renováveis: One of the world's largest wind energy operators and a major European renewable IPP with global wind and solar portfolios. Comparable as a vertically integrated renewable developer/operator in Europe.
- Engie: Global utility with major European renewable energy generation and storage operations. Comparable as a large-scale owner-operator of European wind, solar, and battery storage assets supplying corporate and utility customers.
- Iberdrola: Global renewable energy leader with substantial European wind portfolio and growing storage operations. Comparable as a vertically integrated utility investing heavily in European renewables and corporate PPAs.
- RWE Renewables: European utility with one of the largest renewable energy footprints including offshore wind, onshore wind, solar, and battery storage. Comparable as a major European renewables IPP serving corporate and grid customers.
Emerging players
- Octopus Energy Generation: UK-based renewable energy generator and storage operator building a pan-European green generation portfolio. Comparable as a fast-growing European renewable and storage platform with institutional capital partnerships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Renewable Power Capital social profiles
Digital presenceRenewable Power Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Renewable Power Capital leadership team
Management profileNumber of profiles
Profiles9 records
Renewable Power Capital funding detail
Funding detailFunding overview
Funding rounds4 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Renewable Power Capital 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 Renewable Power Capital
What does Renewable Power Capital do?
Renewable Power Capital (RPC) develops, constructs, owns, and operates renewable energy and battery storage projects across Europe, including onshore wind, solar PV, and battery energy storage systems (BESS). The company invests via long-term power purchase agreements (PPAs) with corporate offtakers and through asset ownership and operation, managing a 6.5GW pipeline across multiple European markets.
Is Renewable Power Capital a public or private company?
Renewable Power Capital is a private company. It is classified as corporate owned and is currently operating.
When was Renewable Power Capital founded?
Renewable Power Capital was founded in 2020. It employs 51 to 100 people.
Where is Renewable Power Capital based?
Renewable Power Capital is headquartered in London, United Kingdom, in the Europe region.
How does Renewable Power Capital make money?
Three revenue lines are on record. Power Purchase Agreements (PPAs) is the primary driver. The others are asset Ownership and Operation and project Development and Construction Management.
Who are Renewable Power Capital's main competitors?
Direct peers on record are Brookfield Renewable Partners, Copenhagen Infrastructure Partners (CIP), BlackRock Global Renewable Power and Greencoat UK Wind. Broad incumbents are Masdar, EDP Renováveis, Engie, Iberdrola and RWE Renewables. Octopus Energy Generation is listed as an emerging player.
Does Renewable Power Capital have an API?
No public API is recorded for Renewable Power Capital.
What industry is Renewable Power Capital in?
Renewable Power Capital's product category is Renewable Energy Investment. Its primary akta.pro industry code is FSAAAKAG, Renewable Energy Infrastructure, with a secondary code of EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer). Its NAICS code is 22111 and its SIC code is 4911.