Westbridge Renewable Energy S.A.

Name

Westbridge Renewable Energy S.A.

Legal name

Westbridge Renewable Energy S.A.

Website

https://westbridge.energy

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Utility-Scale Renewable Energy Development

NAICS

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

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA)

akta.pro secondary industries

Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Renewable Energy Infrastructure (FSAAAKAG)

Keywords

• Utility-scale solar development
• Battery energy storage systems
• Renewable energy project development
• Greenfield solar projects
• Renewable power infrastructure

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Project Development and Monetization: Originates, develops, and sells utility-scale solar PV and BESS projects. Generates gains on sales through the full development value chain. Completed sales of Georgetown (278 MWp) and Sunnynook (332 MWp) projects to MYTILINEOS/Metlen for total gains exceeding $83 million.
2. Dividend Payments: Cash dividend payments to shareholders including CAD $0.20 per share dividend announced September 2025, and $0.10 per share return of capital in May 2024.
3. IPP Transition Revenue: Potential future transition to independent power producer (IPP) model with retained ownership and operation of select projects for recurrent revenue generation from power sales.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Westbridge Renewable Energy S.A. is a publicly traded pure-play utility-scale renewable energy developer that originates, develops, and monetizes solar PV projects, battery energy storage systems (BESS), green hydrogen, and data centre infrastructure across Canada, the U.S., the U.K., and Italy. The company manages the full development lifecycle from greenfield land origination, permitting, and engineering through to project sale to strategic buyers or retention as a long-term independent power producer (IPP).

Product overview

Westbridge Renewable Energy S.A. is a pure-play international renewable energy developer offering a unified platform for utility-scale clean energy infrastructure development. The company's portfolio encompasses four core offerings: Solar PV Development (3,317 MWdc capacity), Battery Energy Storage Systems (6,645 MWh capacity), Green Hydrogen production, and Data Centre Development. Projects span four key jurisdictions (Canada, U.S., U.K., and Italy) with a 9.962 GW total portfolio. The company operates across the full development lifecycle from greenfield origination through permitting, construction, and monetization, while transitioning toward independent power producer (IPP) ownership of select assets.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar PV Development

Quantifiable outcome

• Total gains on sales exceeding $83 million since public listing
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Baker Tilly Audit & Assurance S.à r.l.coreOthers · 8 April 2026Luxembourg-based audit firm serving as company auditor following continuation to Luxembourg jurisdiction.
• Computershare Investor Services Inc.coreOthers · 8 April 2026Transfer agent handling share registry and investor services for listed securities.
• Longspur CapitalminorGTM or Marketing Partner · 18 November 2024Clean energy research and corporate advisory firm providing equity research coverage on Westbridge Renewable Energy as part of investor relations strategy.
• MYTILINEOS/MetlencoreStrategic or Co-development Partner · 1 June 2023Strategic partner for Alberta project transactions. Metlen acquired Georgetown Solar (278 MWp, December 2023) and Sunnynook Solar (332 MWp, November 2024). Original definitive agreements covered 1.4 GW Alberta portfolio which expired April 30; Westbridge retained Dolcy, Eastervale, and Red Willow projects. Potential additional proceeds up to $50m from post-closing milestones.
• Fogler Rubinoff LLPcoreOthersCanadian legal counsel based in Toronto providing legal services.

Scale indicators14 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Canadian Solar: Vertically integrated solar manufacturer and large-scale utility project developer with global pipeline and IPP ambitions. Directly comparable to Westbridge's model of originating and monetizing utility-scale solar + storage projects internationally.
• First Solar: Utility-scale solar PV developer with growing energy storage and project development business across North America. Comparable as a publicly traded developer with focus on large-scale solar origination and pipeline monetization.
• Neoen SA: French-listed independent power producer developing, owning, and operating solar, wind, and storage assets across Europe, Americas, and Africa. Comparable model of greenfield development with transition to long-term owned IPP assets.
• Encavis AG: German-listed renewable energy IPP with portfolio of solar and wind parks across Europe. Closely comparable as a publicly traded pure-play international renewable developer/owner with similar project development and monetization strategy.
• Atlantica Sustainable Infrastructure: Owner and operator of renewable energy and efficient natural gas assets with a focus on long-term contracted cash flows. Comparable in transitioning from greenfield development to long-duration yield-oriented IPP model.

Regional players

• Boralex: Canadian-listed renewable energy developer and IPP with wind, solar, hydroelectric, and storage assets across North America and Europe. Highly comparable geography (Canadian roots, North American pipeline) and asset mix to Westbridge.
• Innergex Renewable Energy: Canadian-listed independent renewable power producer with operating hydroelectric, wind, and solar facilities in Canada, the US, France, and Chile. Comparable as a publicly traded North American renewable developer with international diversification.

Broad incumbents

• Sonnedix: Global solar IPP with over 2 GW operating capacity across Europe, the Americas, and Asia-Pacific, owned by JP Morgan Asset Management. Comparable as a large-scale international solar IPP that Westbridge projects could be sold into or modeled against.
• Lightsource bp: Global utility-scale solar developer and IPP with multi-GW pipeline and operating portfolio. Comparable development-plus-IPP model and provides a credible exit/strategic buyer profile for utility-scale solar + storage assets.
• Clearway Energy: US-listed renewable energy IPP with operating wind, solar, and energy storage assets across the US. Comparable as a publicly traded renewable IPP that demonstrates the valuation upside available to Westbridge if it successfully retains and operates select projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/WestbridgeEn
• LinkedInlinkedin.com/company/westbridge-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Westbridge Renewable Energy S.A.