Developer docs
API playgroundTry for free, no card

Search company profiles

Potentia Renewables

Full company profile

uuid000385v

Namestring
Potentia Renewables
Legal namestring
Potentia Renewables Inc.
Company typeenum
Private
Founded yearint
2010
Descriptiontext

Potentia Renewables Inc. is a Toronto-based, federally incorporated, fully integrated developer, owner, asset manager, and operator of utility-scale renewable energy facilities, wholly owned by Power Sustainable Capital Inc. (an affiliate of Power Corporation of Canada). The company was founded in 2010 and operates a portfolio spanning wind, solar photovoltaic, battery energy storage systems (BESS), and hydroelectric generation across Canada and the United States, with 1.5 GW+ of operating capacity and a 2 GW development pipeline.

The core technology base is physical infrastructure rather than software: utility-scale wind farms using Enercon turbines (notably the 303 MW Jenner Wind Power Projects in Alberta), solar PV developments (including the proposed 141 MW Massey Solar Project in Ontario), large-scale battery storage (the 411 MW/1,858 MWh Skyview 2 BESS using Canadian Solar's e-Storage SolBank 3.0 technology), and hydroelectric facilities such as the Bala Generating Station in the Muskoka River system. Differentiation rests on integration across the asset lifecycle (development, construction, ownership, operations), scale (Canada's largest BESS project), and a community-first partnership model with First Nations that includes equity co-ownership and community benefit funds.

Revenue is generated primarily through long-term 20-year Renewable Energy Support Agreements and capacity contracts awarded via competitive procurement processes administered by provincial system operators (AESO in Alberta, IESO in Ontario). Secondary revenue comes from fee-based asset management services for the owned and co-owned operating portfolio. The customer base is concentrated among government utilities and Indigenous communities, with large-scale project financing sourced from institutional lenders including KfW IPEX-Bank, Desjardins Group, DZ Bank, Korea Development Bank, and Nippon Life.

Short descriptiontext

Potentia Renewables is a Toronto-based, fully integrated developer, owner, asset manager, and operator of utility-scale wind, solar, battery storage, and hydroelectric facilities in Canada and the United States, selling electricity under long-term contracts to provincial utilities.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersToronto, Canada
HQ citystring
Toronto
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
utility-scale wind energy, solar power generation, battery energy storage, renewable energy development, power purchase agreements
Industry3 codes
1Utility-Scale BESS Project Development & Ownership (IPP/Developer)
CodeEUAFAAAAPrimaryYes
2Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal)
CodeEUAEAMABPrimaryNo
3Resilience & Backup Power Solutions (Critical Facilities, Islanding)
CodeEUAMAJAKPrimaryNo
NAICS code5 codes
  • Electric Power Generation22111
  • Electric Power Generation, Transmission and Distribution2211
  • Solar Electric Power Generation221114
  • Wind Electric Power Generation221115
  • Hydroelectric Power Generation221111
SIC code2 codes
  • Electric Services4911
  • Cogeneration Services & Small Power Producers4991
Product category
Utility-Scale Renewable Energy
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Power Purchase Agreements (PPAs)
TypeSubscription Recurring
Description

Long-term 20-year Renewable Energy Support Agreements with provincial electricity system operators (AESO, IESO) for wind and solar projects. Revenue is generated from selling electricity and capacity to utilities under fixed-term contracts.

potentiarenewables.com
2Battery Storage Capacity Contracts
TypeSubscription Recurring
Description

Revenue from grid-scale battery energy storage projects awarded under Ontario's Long-Term Reliability (LT1) procurement process, providing capacity and grid stability services to utilities.

renewablesnow.com
3Asset Management Services
TypeManaged Services
Description

Fee-based asset management services for owned and operated renewable energy portfolios including operations, maintenance, financial reporting, and performance optimization.

potentiarenewables.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Infrastructure, Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Potentia Renewables is a fully integrated developer, owner, asset manager, and operator of utility-scale renewable energy facilities, including wind energy, solar energy, battery energy storage systems (BESS), and hydroelectric plants. The company develops, constructs, and operates projects across Canada and the United States, currently managing over 1.5 GW of operating capacity with a 2 GW development pipeline. It also provides asset management services covering financial oversight, operations, and performance optimization for renewable energy portfolios.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 7 values shown
  • 1.5 GW+ operating projects across Canada and US with 2 GW development pipeline
+6 more records
Product overview1 text field

Potentia Renewables is a fully integrated renewable energy company offering development, construction, ownership, and asset management services across multiple energy technologies. The company operates as a platform of physical energy assets rather than a software product company. Its core offerings include wind energy projects (such as the 303 MW Jenner Wind Projects in Alberta using Enercon turbines), solar energy projects (including the 141 MW Massey Solar Project in Ontario developed with Indigenous partners), battery energy storage systems (notably the 411 MW/1,858 MWh Skyview 2 BESS, Canada's largest), and hydroelectric operations (including the Bala Generating Station in Muskoka). The company supplements its asset operations with asset management services covering financial oversight, performance optimization, and contractual administration for its 1.5+ GW operating portfolio across Canada and the United States.

Product and service2 records
1Wind Energy Projects
CategoryWind Energy Generation
Description

Development, construction, and operation of utility-scale wind energy projects using Enercon turbines. Portfolio includes the 303 MW Jenner Wind Power Projects in Alberta sold under 20-year Renewable Energy Support Agreements with the Alberta Electric System Operator (AESO).

2Solar Energy Projects
Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierMinorTypeImplementation/ SI/ Consulting PartnerAnnounced on2026-02-24
Description

Selected as primary subcontractor and supplier information management platform to consolidate oversight of subcontractors and equipment suppliers, enhance safety compliance, and monitor CSR practices including modern slavery and code-of-ethics across Potentia's supply chain.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-12
Description

Co-owner of Skyview 2 BESS project, representing meaningful Indigenous participation in clean energy infrastructure development. The partnership includes equity ownership and collaboration in project development.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-11-17
Description

e-Storage provides EPC services and SolBank 3.0 battery storage units (approximately 390 units) for the Skyview 2 BESS project. The technology provider delivers 411 MW/1,858 MWh of energy storage capacity.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Indigenous development partner for the Massey Solar Project with economic interest participation. Partnership supports meaningful Indigenous participation in clean energy infrastructure development in Ontario.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Indigenous development partner for the Massey Solar Project with economic interest participation. Partnership supports Indigenous communities in developing clean energy infrastructure and creating economic opportunities.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Market position
Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Potentia Renewables

Utility-Scale Renewable Energypotentiarenewables.com

Potentia Renewables is a Toronto-based, fully integrated developer, owner, asset manager, and operator of utility-scale wind, solar, battery storage, and hydroelectric facilities in Canada and the United States, selling electricity under long-term contracts to provincial utilities.

What Potentia Renewables does

Potentia Renewables Inc. is a Toronto-based, federally incorporated, fully integrated developer, owner, asset manager, and operator of utility-scale renewable energy facilities, wholly owned by Power Sustainable Capital Inc. (an affiliate of Power Corporation of Canada). The company was founded in 2010 and operates a portfolio spanning wind, solar photovoltaic, battery energy storage systems (BESS), and hydroelectric generation across Canada and the United States, with 1.5 GW+ of operating capacity and a 2 GW development pipeline.

The core technology base is physical infrastructure rather than software: utility-scale wind farms using Enercon turbines (notably the 303 MW Jenner Wind Power Projects in Alberta), solar PV developments (including the proposed 141 MW Massey Solar Project in Ontario), large-scale battery storage (the 411 MW/1,858 MWh Skyview 2 BESS using Canadian Solar's e-Storage SolBank 3.0 technology), and hydroelectric facilities such as the Bala Generating Station in the Muskoka River system. Differentiation rests on integration across the asset lifecycle (development, construction, ownership, operations), scale (Canada's largest BESS project), and a community-first partnership model with First Nations that includes equity co-ownership and community benefit funds.

Revenue is generated primarily through long-term 20-year Renewable Energy Support Agreements and capacity contracts awarded via competitive procurement processes administered by provincial system operators (AESO in Alberta, IESO in Ontario). Secondary revenue comes from fee-based asset management services for the owned and co-owned operating portfolio. The customer base is concentrated among government utilities and Indigenous communities, with large-scale project financing sourced from institutional lenders including KfW IPEX-Bank, Desjardins Group, DZ Bank, Korea Development Bank, and Nippon Life.

Potentia Renewables firmographics

Firmographics
Name
Potentia Renewables
Legal name
Potentia Renewables Inc.
Website
https://potentiarenewables.com
Company type
Private
Founded year
2010
Operating status
Operating
Headcount range
51–100 employees
Short description
Potentia Renewables is a Toronto-based, fully integrated developer, owner, asset manager, and operator of utility-scale wind, solar, battery storage, and hydroelectric facilities in Canada and the United States, selling electricity under long-term contracts to provincial utilities.
Ownership category
akta.pro rank

Potentia Renewables industry classification

Industry
Product category
Utility-Scale Renewable Energy
NAICS
Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Hydroelectric Power Generation (221111)
SIC
Electric Services (4911), Cogeneration Services & Small Power Producers (4991)
akta.pro primary industry
Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)
akta.pro secondary industries
Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB), Resilience & Backup Power Solutions (Critical Facilities, Islanding) (EUAMAJAK)

Keywords

  • Utility-scale wind energy
  • Solar power generation
  • Battery energy storage
  • Renewable energy development
  • Power purchase agreements

Where Potentia Renewables is headquartered

Location

Headquarters

HQ city
Toronto
HQ country
Canada
HQ region
North America

Offices1 record

Markets served

Potentia Renewables business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Infrastructure, Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Revenue model

  1. Power Purchase Agreements (PPAs): Long-term 20-year Renewable Energy Support Agreements with provincial electricity system operators (AESO, IESO) for wind and solar projects. Revenue is generated from selling electricity and capacity to utilities under fixed-term contracts.
  2. Battery Storage Capacity Contracts: Revenue from grid-scale battery energy storage projects awarded under Ontario's Long-Term Reliability (LT1) procurement process, providing capacity and grid stability services to utilities.
  3. Asset Management Services: Fee-based asset management services for owned and operated renewable energy portfolios including operations, maintenance, financial reporting, and performance optimization.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Potentia Renewables product offering

Product offering

Core offering

Potentia Renewables is a fully integrated developer, owner, asset manager, and operator of utility-scale renewable energy facilities, including wind energy, solar energy, battery energy storage systems (BESS), and hydroelectric plants. The company develops, constructs, and operates projects across Canada and the United States, currently managing over 1.5 GW of operating capacity with a 2 GW development pipeline. It also provides asset management services covering financial oversight, operations, and performance optimization for renewable energy portfolios.

Product overview

Potentia Renewables is a fully integrated renewable energy company offering development, construction, ownership, and asset management services across multiple energy technologies. The company operates as a platform of physical energy assets rather than a software product company. Its core offerings include wind energy projects (such as the 303 MW Jenner Wind Projects in Alberta using Enercon turbines), solar energy projects (including the 141 MW Massey Solar Project in Ontario developed with Indigenous partners), battery energy storage systems (notably the 411 MW/1,858 MWh Skyview 2 BESS, Canada's largest), and hydroelectric operations (including the Bala Generating Station in Muskoka). The company supplements its asset operations with asset management services covering financial oversight, performance optimization, and contractual administration for its 1.5+ GW operating portfolio across Canada and the United States.

Differentiator

Problem solved

Functional benefit

Products and services

  • Wind Energy Projects Development, construction, and operation of utility-scale wind energy projects using Enercon turbines. Portfolio includes the 303 MW Jenner Wind Power Projects in Alberta sold under 20-year Renewable Energy Support Agreements with the Alberta Electric System Operator (AESO).
  • Solar Energy Projects

Quantifiable outcome

  • 1.5 GW+ operating projects across Canada and US with 2 GW development pipeline
  • +6 more outcomes

Companies that use Potentia Renewables

Customer profile

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Potentia Renewables technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Potentia Renewables partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered minor and core.

  • ISN (ISNetworld)minorImplementation/ SI/ Consulting Partner · 24 February 2026Selected as primary subcontractor and supplier information management platform to consolidate oversight of subcontractors and equipment suppliers, enhance safety compliance, and monitor CSR practices including modern slavery and code-of-ethics across Potentia's supply chain.
  • Algonquins of Pikwakanagan First NationcoreStrategic or Co-development Partner · 12 February 2026Co-owner of Skyview 2 BESS project, representing meaningful Indigenous participation in clean energy infrastructure development. The partnership includes equity ownership and collaboration in project development.
  • e-Storage (Canadian Solar subsidiary)coreTechnology or Integration · 17 November 2025e-Storage provides EPC services and SolBank 3.0 battery storage units (approximately 390 units) for the Skyview 2 BESS project. The technology provider delivers 411 MW/1,858 MWh of energy storage capacity.
  • Wahnapitae First NationcoreStrategic or Co-development PartnerIndigenous development partner for the Massey Solar Project with economic interest participation. Partnership supports meaningful Indigenous participation in clean energy infrastructure development in Ontario.
  • Atikameksheng Anishnawbek First NationcoreStrategic or Co-development PartnerIndigenous development partner for the Massey Solar Project with economic interest participation. Partnership supports Indigenous communities in developing clean energy infrastructure and creating economic opportunities.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Potentia Renewables competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Potentia Renewables social profiles

Digital presence

Potentia Renewables financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Potentia Renewables leadership team

Management profile

Number of profiles

Profiles9 records

Potentia Renewables subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Potentia Renewables funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors3 records

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

Potentia Renewables M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Potentia Renewables

What does Potentia Renewables do?

Potentia Renewables is a fully integrated developer, owner, asset manager, and operator of utility-scale renewable energy facilities, including wind energy, solar energy, battery energy storage systems (BESS), and hydroelectric plants. The company develops, constructs, and operates projects across Canada and the United States, currently managing over 1.5 GW of operating capacity with a 2 GW development pipeline. It also provides asset management services covering financial oversight, operations, and performance optimization for renewable energy portfolios.

Is Potentia Renewables a public or private company?

Potentia Renewables is a private company. It is classified as corporate owned and is currently operating.

When was Potentia Renewables founded?

Potentia Renewables was founded in 2010. It employs 51 to 100 people.

Where is Potentia Renewables based?

Potentia Renewables is headquartered in Toronto, Canada, in the North America region.

How does Potentia Renewables make money?

Three revenue lines are on record. Power Purchase Agreements (PPAs) is the primary driver. The others are battery Storage Capacity Contracts and asset Management Services.

Does Potentia Renewables have an API?

No public API is recorded for Potentia Renewables.

What industry is Potentia Renewables in?

Potentia Renewables's product category is Utility-Scale Renewable Energy. Its primary akta.pro industry code is EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer), with a secondary code of EUAEAMAB, Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal). Its NAICS code is 22111 and its SIC code is 4911.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
RenewablesnowKfW IPEX-Bank syndicates loan for 411-MW BESS project in OntarioKfW IPEX-Bank has syndicated a loan for the 411-MW/1,560-MWh Skyview 2 battery energy storage project in Edwardsburgh Cardinal, Ontario, with DZ Bank, Korea Development Bank, and Japan's Nippon Life joining during syndication. The project is owned by the Power Sustainable Energy Infrastructure Partnership and the Algonquins of Pikwakanagan First Nation, with Potentia Renewable acting as developer. Canadian Solar's e-STORAGE subsidiary will supply 390 units of its SolBank 3.0 product for the facility, which is expected to become Canada's largest BESS once operational.NewswireAdvancing wind energy infrastructure and Indigenous ownership in SaskatchewanCanada Infrastructure Bank closed financing for Rose Valley Wind, a 200MW wind project in Saskatchewan with majority Indigenous ownership. The $164.4M package includes a $164.4M loan and supports 28 turbines and a 210MW power purchase agreement. The project is expected to reduce emissions by 297,807 t annually.NewswireMEDIA ADVISORY - Potentia, CIB and M-Squared Renewables to Break Ground on 210 MW Rose Valley Wind ProjectPotentia and M-Squared Renewables will break ground on the 210 MW Rose Valley Wind Project in southern Saskatchewan. The ceremony marks the start of construction and a milestone in renewable energy infrastructure development in the province.Power TechnologyKruger breaks ground 196MW Saint-Paul-de-Montminy wind farmKruger Energy began construction on the 196MW Saint-Paul-de-Montminy wind farm in Quebec, with operations due by December 2027. The project, backed by over C$580m and a PPA with Hydro-Québec, will create more than 300 jobs and supply electricity for about 39,000 homes.NewswireKRUGER ENERGY BEGINS CONSTRUCTION OF THE SAINT‑PAUL‑DE‑MONTMINY WIND FARMKruger Energy began construction of the Saint-Paul-de-Montminy Wind Farm, a 196-MW project in Quebec scheduled for commissioning in December 2027. The project represents an investment of over $580 million, bringing the company's total wind investments in Canada to $1.5 billion since 2008.The Manila TimesPotentia Renewables Selects ISN® to Help Streamline Subcontractor Management and Supplier QualificationISN announced on February 24, 2026, that Potentia Renewables Inc., a Toronto-based renewable energy developer and operator, selected ISNetworld as its primary subcontractor and supplier information management platform. The platform will help Potentia consolidate management of subcontractors and equipment suppliers while enhancing safety and compliance oversight and increasing visibility into modern slavery and code-of-ethics practices across its supply chain. Potentia currently manages over 1.5 GW of operating wind and solar projects across Canada and the United States, with a 2 GW development pipeline.Financial PostPotentia Renewables Selects ISN® to Help Streamline Subcontractor Management and Supplier QualificationPotentia Renewables Inc., a Canadian-owned renewable energy developer headquartered in Toronto, has selected ISN's ISNetworld platform as its primary subcontractor and supplier information management system. The platform will enable Potentia to consolidate oversight of subcontractors and equipment suppliers while advancing safety compliance and corporate social responsibility practices across its supply chain. Potentia manages over 1.5 GW of operating projects across Canada and the United States, with a 2 GW development pipeline.GlobeNewswirePotentia Renewables Selects ISN® to Help Streamline Subcontractor Management and Supplier QualificationPotentia Renewables Inc., a Canadian renewable energy developer, has selected ISN's ISNetworld platform as its primary subcontractor and supplier information management system to enhance safety compliance oversight and supplier corporate social responsibility practices. The platform will consolidate management of subcontractors and equipment suppliers while enabling visibility into modern slavery and code-of-ethics practices across Potentia's supply chain. Headquartered in Toronto, Potentia manages over 1.5 GW of operating renewable energy projects across Canada and the United States, with a 2 GW development pipeline.GlobeNewswirePotentia Renewables choisit ISN® pour rationaliser la gestion des entrepreneurs et la qualification des fournisseursPotentia Renewables Inc., a Canadian renewable energy developer and operator, has selected ISNetworld from ISN as its primary contractor and supplier information management platform to improve safety, compliance, and supply chain oversight. ISN will provide Potentia with tools including CSR Assure for supplier data verification and SiteTracker for monthly safety performance reporting across its operations. Potentia currently manages over 1.5 GW of operational renewable energy projects in Canada and the United States with a 2 GW development pipeline.Energy-Storage.NewsPotentia achieves financial close for ‘Canada’s largest BESS’Potentia Renewables has achieved financial close for the Skyview 2 battery energy storage system (BESS) in Edwardsburgh Cardinal, Ontario, Canada, which will be Canada's largest BESS at 411MW/1,644MWh capacity. The approximately CA$542 million (US$399 million) in construction and long-term operational financing is being provided by German commercial bank KfW IPEX-Bank and Desjardins Group, with the project owned by PSEIP and the Algonquins of Pikwakanagan. The project was awarded under Ontario's Long-Term Reliability (LT1) energy storage procurement process and construction began in November 2025, with e-Storage (Canadian Solar's energy storage subsidiary) contracted as the EPC provider.