GS Power Partners
GS Power Partners is a privately held distributed generation solar independent power producer that develops, finances, owns, and operates commercial, industrial, and community solar projects across the Northeast and Midwest, serving C&I enterprises, property owners, and residential community solar subscribers.
- Company typePrivate
- Founded2015
- HeadquartersBronx, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What GS Power Partners does
GS Power Partners is a privately held, distributed generation independent power producer (IPP) headquartered in Stamford, CT that develops, finances, owns, and operates solar and community solar projects for commercial, industrial, institutional, and residential customers across the Northeast and Midwest United States. The company was founded in 2015 as Green Street Power Partners, rebranded to GS Power Partners in December 2024, and has been majority-owned by CVC DIF (formerly DIF Capital Partners) since April 2023 through its DIF Infrastructure VII fund. As of recent disclosures it operates a 400+ MW portfolio of solar assets with a 1+ GW development pipeline, has deployed over $6 billion of capital across its platforms, and manages approximately $21 billion in assets on behalf of Deutsche Bank's PCI group.
The company's core products are distributed generation (DG) solar projects for commercial and industrial customers, community solar farms that allow nearby residents and businesses to subscribe to a share of renewable energy at approximately 10% savings versus utility rates, and a solar-and-storage development platform underpinned by a centralized corporate capital facility. Its technology stack is centered on a community solar subscription management platform (delivered via partners PowerMarket and Neighborhood Sun), proprietary tax equity structuring capabilities, and a multi-party partner ecosystem spanning developer/EPC partners (SunVest Solar, Black Bear Energy), property owners (Kimco Realty), utilities (National Grid), and capital partners (Deutsche Bank, AB CarVal, Amalgamated Bank, Greenprint Capital). It does not produce proprietary hardware or software.
GS Power Partners generates revenue through long-term power purchase agreements (PPAs) with commercial, industrial, and community solar subscribers (a subscription-recurring model), structured tax equity financing partnerships with financial institutions (transaction-fee economics), and asset management services for institutional capital partners (managed-services fees). It employs 58+ people across Stamford, CT; New York, NY; and Tallahassee, FL, and serves enterprise customers such as SUNY ESF, Kimco Realty, Principal Asset Management, and Stop & Stor alongside a long tail of community solar subscribers.
GS Power Partners firmographics
Firmographics- Name
- GS Power Partners
- Legal name
- Green Street Power Partners, LLC
- Website
- https://gspowerpartners.com/
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- GS Power Partners is a privately held distributed generation solar independent power producer that develops, finances, owns, and operates commercial, industrial, and community solar projects across the Northeast and Midwest, serving C&I enterprises, property owners, and residential community solar subscribers.
- Ownership category
- akta.pro rank
GS Power Partners industry classification
Industry- Product category
- Independent Solar Power Generation
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA)
- akta.pro secondary industries
- Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Retail & Community PPAs (Community Solar/Shared Renewables) (EUAGADAC), Corporate PPAs (C&I Offtake; Sleeved/Virtual/Physical) (EUAGADAA), PPA Origination, Structuring & Offtake Contracting (Physical/Financial, Sleeves) (EUAMAMAD)
Keywords
Where GS Power Partners is headquartered
LocationHeadquarters
- HQ city
- Bronx
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
GS Power Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Solar Project Development and Ownership: Developing, owning, and operating solar projects across the Northeast and Midwest. Revenue generated through long-term power purchase agreements (PPAs) with commercial, industrial, and community subscribers
- Power Purchase Agreement (PPA) Sales: Selling solar-generated electricity through PPAs to commercial customers, utilities, and community solar subscribers at competitive rates
- Tax Equity Financing: Providing tax equity financing structures for solar projects in partnership with financial institutions like AB CarVal and others
- Asset Management Services: Managing solar assets on behalf of investors and capital partners, including Deutsche Bank PCI group ($21B in assets managed)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Community Solar Subscription - Residential/Commercial |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
GS Power Partners product offering
Product offeringCore offering
GS Power Partners acquires, develops, finances, owns, and operates distributed generation solar energy systems and community solar projects for commercial, industrial, institutional, and residential community subscribers across the Northeast and Midwest United States. The company delivers clean energy through long-term power purchase agreements (PPAs), manages a 400+ MW operating portfolio with a 1+ GW development pipeline, and provides asset management services for solar and storage assets.
Product overview
GS Power Partners is a distributed generation Independent Power Producer (IPP) that operates as a single unified platform for solar energy development, financing, and operations. The company offers community solar projects, commercial and industrial (C+I) solar solutions, and solar-plus-storage development. Their integrated approach encompasses project acquisition, development, financing, construction management, asset management, and subscriber services. The portfolio includes 400+ MW of operational solar assets with a 1+ GW development pipeline concentrated in the Northeast and Midwest markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Distributed Generation Solar Projects
- Community Solar Projects
- Solar Asset Management Services
- Solar and Storage Development Platform
Quantifiable outcome
- 10% savings on electricity bills for community solar subscribers
- +2 more outcomes
Companies that use GS Power Partners
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles4 records
GS Power Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
GS Power Partners partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- PowerMarketcoreCommunity solar subscriber management platform partner. Provides software platform for managing subscriber enrollment, billing, and ongoing customer management for community solar programs.
- Neighborhood SuncoreCommunity solar management partner for subscriber acquisition and management. Works with GS Power Partners on community solar program operations.
- Black Bear EnergycoreFacilitated the Dorsey Run Solar project development. Strategic partner for project origination and development support.
- Community Solar Authority (CSA)corePartnership for community solar development and program management. Collaborative relationship for expanding community solar footprint.
- SunVest SolarcoreDeveloper partner for solar project development. Provides project development expertise and pipeline growth for GS Power Partners.
- Kimco RealtycoreProperty owner partnership providing commercial real estate sites for solar installations. Enables ground and rooftop solar development on Kimco properties.
- National GridcoreUtility partner for grid interconnection and energy distribution. Key utility relationship for project development in service territories.
- Eden RenewablesminorAcquired the Hof Community Solar Project from Eden Renewables. Asset acquisition partnership for expanding community solar portfolio.
- Bear Peak PowerminorMentioned as a partner entity in GS Power Partners' logo/partnership section. Nature of partnership not extensively detailed.
Scale indicators5 records
Recent moves8 records
Expansion highlights6 records
GS Power Partners competitors and assessment
Company assessmentDirect peers
- Dimension Energy: Dimension Energy is a community solar and DG solar developer focused on US markets. Directly comparable in community solar subscriber model, project financing structures, and development pipeline approach.
- CleanCapital: CleanCapital is a clean energy investment platform that acquires, develops, and manages distributed solar and storage assets. GSPP's President Nick Sangermano was a Senior Advisor at CleanCapital, indicating direct operational overlap in community solar and DG development.
- Solar Landscape: Solar Landscape is a commercial and community solar developer serving Northeast and Mid-Atlantic markets. Comparable in rooftop/ground-mounted C&I solar, community solar subscriber programs, and geographic overlap with GSPP.
- Standard Solar: Standard Solar develops, finances, owns, and operates commercial and community solar projects across the US. Highly comparable business model (development + ownership + asset management) and customer focus on C&I and community solar subscribers.
- Nexamp: Nexamp is one of the largest community solar developers and operators in the US, focused on Northeast and Midwest markets. Directly comparable to GSPP in community solar subscriber management, C&I offerings, and tax equity structuring; notably, GSPP's GC Nick Kamphaus joined from Nexamp.
- Pivot Energy: Pivot Energy is a national community solar developer serving commercial, residential, and institutional customers across multiple states. Comparable in customer segments (C&I plus community solar subscribers), PPA-based revenue model, and US geographic footprint.
- Convergent Energy + Power: Convergent Energy + Power is a North American solar and storage IPP serving C&I and utility customers. GSPP's new CFO Raj Narayanan joined from Convergent, indicating direct operational and financial overlap in DG solar development.
- MN8 Energy: MN8 Energy is a renewable energy developer and operator specializing in distributed solar, community solar, and energy storage across the US. Comparable business model as a PE-backed (BlackRock) solar IPP with C&I and community solar focus.
Broad incumbents
- Engie Distributed Solar: Engie is a global utility with significant distributed solar and community solar operations in the US through its distributed solar business. Comparable in C&I and community solar customer segments, with broader portfolio and balance-sheet capacity than GSPP.
- Cypress Creek Renewables: Cypress Creek Renewables is a large-scale solar developer and operator with utility-scale and community solar portfolios across the US. Comparable solar IPP business model, though with broader geographic scale and more utility-scale exposure than GSPP's DG focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
GS Power Partners social profiles
Digital presenceGS Power Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
GS Power Partners leadership team
Management profileNumber of profiles
Profiles8 records
GS Power Partners funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GS Power Partners 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 GS Power Partners
What does GS Power Partners do?
GS Power Partners acquires, develops, finances, owns, and operates distributed generation solar energy systems and community solar projects for commercial, industrial, institutional, and residential community subscribers across the Northeast and Midwest United States. The company delivers clean energy through long-term power purchase agreements (PPAs), manages a 400+ MW operating portfolio with a 1+ GW development pipeline, and provides asset management services for solar and storage assets.
Is GS Power Partners a public or private company?
GS Power Partners is a private company. It is classified as private equity controlled and is currently operating.
When was GS Power Partners founded?
GS Power Partners was founded in 2015. It employs 51 to 100 people.
Where is GS Power Partners based?
GS Power Partners is headquartered in Bronx, United States, in the North America region.
How does GS Power Partners make money?
Four revenue lines are on record. Solar Project Development and Ownership is the primary driver. The others are power Purchase Agreement (PPA) Sales, tax Equity Financing and asset Management Services.
Who are GS Power Partners's main competitors?
Direct peers on record are Dimension Energy, CleanCapital, Solar Landscape, Standard Solar, Nexamp, Pivot Energy, Convergent Energy + Power and MN8 Energy. Broad incumbents are Engie Distributed Solar and Cypress Creek Renewables.
Does GS Power Partners have an API?
No public API is recorded for GS Power Partners.
What industry is GS Power Partners in?
GS Power Partners's product category is Independent Solar Power Generation. Its primary akta.pro industry code is EUAMABAA, Solar Project Development & IPP (Utility-Scale & Rooftop), with a secondary code of EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization). Its NAICS code is 221114 and its SIC code is 4911.