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Eagle Creek Renewable Energy

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uuid0003mfl

Namestring
Eagle Creek Renewable Energy
Legal namestring
Eagle Creek Renewable Energy
Websiteurl
http://eaglecreekre.com
Company typeenum
Private
Founded yearint
2010
Descriptiontext

Eagle Creek Renewable Energy is a privately held U.S. operator of small-scale hydroelectric power facilities, founded in 2010 and headquartered in Morristown, New Jersey. The company owns and operates 85 hydroelectric facilities across 18 states with a combined generation capacity of nearly 700 MW, sufficient to power over 260,000 homes. Eagle Creek sells electricity to electric utilities and grid operators under long-term power purchase agreements and merchant power arrangements, functioning as a wholesale B2B power generation platform with contractually recurring revenue.

The company's technology foundation is its portfolio of physical hydroelectric generation assets — turbines, dams, water conveyance infrastructure, and grid interconnections — operated as a unified portfolio rather than discrete plants. Eagle Creek's go-to-market is enterprise field sales targeting utility off-takers, with marketing concentrated in energy sector conferences and direct relationship development rather than consumer channels. In March 2024, the company extended its platform beyond hydroelectric through the acquisition of Lightstar Renewables, adding approximately 30 MW of community solar projects under construction and a development pipeline of roughly 1.23 GW across multiple U.S. markets.

Eagle Creek's revenue model is based on contracted and merchant electricity sales from its generation portfolio. Pricing is not publicly disclosed and is structured through bilateral PPAs and merchant arrangements. The company is currently undergoing a change of control: in 2025, Apollo Global Management's managed funds agreed to acquire Eagle Creek, with closing expected in early 2026, positioning the platform within one of the largest energy transition capital pools. Prior to Apollo, Eagle Creek was backed by Magnetar and had previously raised $100 million in 2013 led by Macquarie Group. The leadership team includes CEO Bud Cherry and CFO Joe Messana, supported by regional SVP leadership for Midwest and East operations.

Short descriptiontext

Eagle Creek Renewable Energy owns and operates 85 small-scale hydroelectric facilities across 18 U.S. states with nearly 700 MW of capacity, selling electricity to utilities and grid operators under long-term power purchase agreements. The platform recently expanded into community solar via the Lightstar Renewables acquisition.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersMorristown, United States
HQ citystring
Morristown
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
hydroelectric power generation, renewable energy platform, small-scale hydropower, community solar development, utility power supply
Industry3 codes
1Run-of-River Hydroelectric Generation
CodeEUACAEAAPrimaryYes
2Hydropower Plant Development & Permitting (Greenfield/Brownfield)
CodeEUACAEAEPrimaryNo
3Reservoir/Impoundment Hydroelectric Generation
CodeEUACAEABPrimaryNo
NAICS code3 codes
  • Hydroelectric Power Generation221111
  • Electric Power Generation22111
  • Solar Electric Power Generation221114
SIC code1 code
  • Electric Services4911
Product category
Renewable Energy Generation
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Hydropower Generation and Sale
TypeSubscription Recurring
Description

Eagle Creek generates revenue through ownership and operation of hydroelectric power facilities. The company sells electricity to utilities and grid operators, typically under long-term power purchase agreements (PPAs) or merchant power arrangements. Revenue is recurring and based on power generation output and contracted rates.

ir.apollo.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

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

Cost components5 values
Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Eagle Creek Renewable Energy owns and operates a portfolio of 85 small-scale hydroelectric generating facilities across 18 U.S. states with combined installed capacity of nearly 700 MW, supplying baseload and flexible renewable power to electric utilities and grid operators under long-term power purchase agreements and merchant arrangements. Following the March 2024 acquisition of Lightstar Renewables, the company has extended into community solar development with an additional ~1.23 GW pipeline and ~30 MW of projects under construction.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Nearly 700 MW of clean power generation capacity
+1 more record
Product overview1 text field

Eagle Creek Renewable Energy operates a single unified platform for renewable energy generation, primarily focused on hydroelectric power production. The company owns and operates 85 hydroelectric facilities across 18 U.S. states with a combined capacity of nearly 700 MW. Following the acquisition of Lightstar Renewables in March 2024, the platform has expanded to include community solar development, adding approximately 1.23 gigawatts of solar development pipeline to its existing hydroelectric portfolio.

Product and service2 records
1Hydroelectric Power Generation Platform
CategoryRenewable Energy Generation
Description

Owned and operated fleet of 85 hydroelectric generating facilities across 18 U.S. states with combined installed capacity of nearly 700 MW, sufficient to power over 260,000 homes, sold as wholesale renewable electricity to electric utilities and grid operators under long-term PPAs and merchant arrangements.

2Community Solar Development
CategoryRenewable Energy Generation
Description

Community solar development and operations acquired through Lightstar Renewables, comprising approximately 30 MW of projects under construction and a 1.2-1.23 GW development pipeline across multiple U.S. markets.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Lightstar Renewables
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-03-19
Description

Eagle Creek's affiliate acquired Lightstar Renewables, a community solar developer and operator in the United States. The acquisition included approximately 1.23 gigawatts of assets under construction and development pipeline across multiple U.S. markets, expanding Eagle Creek's renewable energy portfolio into community solar.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Market position
Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

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

Ideal customer profile1 record

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

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

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

Subsidiaries1 record

Each record includes

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

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

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

Investors2 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&A1 record

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 →

Eagle Creek Renewable Energy

Renewable Energy Generationeaglecreekre.com

Eagle Creek Renewable Energy owns and operates 85 small-scale hydroelectric facilities across 18 U.S. states with nearly 700 MW of capacity, selling electricity to utilities and grid operators under long-term power purchase agreements. The platform recently expanded into community solar via the Lightstar Renewables acquisition.

What Eagle Creek Renewable Energy does

Eagle Creek Renewable Energy is a privately held U.S. operator of small-scale hydroelectric power facilities, founded in 2010 and headquartered in Morristown, New Jersey. The company owns and operates 85 hydroelectric facilities across 18 states with a combined generation capacity of nearly 700 MW, sufficient to power over 260,000 homes. Eagle Creek sells electricity to electric utilities and grid operators under long-term power purchase agreements and merchant power arrangements, functioning as a wholesale B2B power generation platform with contractually recurring revenue.

The company's technology foundation is its portfolio of physical hydroelectric generation assets — turbines, dams, water conveyance infrastructure, and grid interconnections — operated as a unified portfolio rather than discrete plants. Eagle Creek's go-to-market is enterprise field sales targeting utility off-takers, with marketing concentrated in energy sector conferences and direct relationship development rather than consumer channels. In March 2024, the company extended its platform beyond hydroelectric through the acquisition of Lightstar Renewables, adding approximately 30 MW of community solar projects under construction and a development pipeline of roughly 1.23 GW across multiple U.S. markets.

Eagle Creek's revenue model is based on contracted and merchant electricity sales from its generation portfolio. Pricing is not publicly disclosed and is structured through bilateral PPAs and merchant arrangements. The company is currently undergoing a change of control: in 2025, Apollo Global Management's managed funds agreed to acquire Eagle Creek, with closing expected in early 2026, positioning the platform within one of the largest energy transition capital pools. Prior to Apollo, Eagle Creek was backed by Magnetar and had previously raised $100 million in 2013 led by Macquarie Group. The leadership team includes CEO Bud Cherry and CFO Joe Messana, supported by regional SVP leadership for Midwest and East operations.

Eagle Creek Renewable Energy firmographics

Firmographics
Name
Eagle Creek Renewable Energy
Legal name
Eagle Creek Renewable Energy
Website
http://eaglecreekre.com
Company type
Private
Founded year
2010
Operating status
Operating
Headcount range
251–500 employees
Short description
Eagle Creek Renewable Energy owns and operates 85 small-scale hydroelectric facilities across 18 U.S. states with nearly 700 MW of capacity, selling electricity to utilities and grid operators under long-term power purchase agreements. The platform recently expanded into community solar via the Lightstar Renewables acquisition.
Ownership category
akta.pro rank

Eagle Creek Renewable Energy industry classification

Industry
Product category
Renewable Energy Generation
NAICS
Hydroelectric Power Generation (221111), Electric Power Generation (22111), Solar Electric Power Generation (221114)
SIC
Electric Services (4911)
akta.pro primary industry
Run-of-River Hydroelectric Generation (EUACAEAA)
akta.pro secondary industries
Hydropower Plant Development & Permitting (Greenfield/Brownfield) (EUACAEAE), Reservoir/Impoundment Hydroelectric Generation (EUACAEAB)

Keywords

  • Hydroelectric power generation
  • Renewable energy platform
  • Small-scale hydropower
  • Community solar development
  • Utility power supply

Where Eagle Creek Renewable Energy is headquartered

Location

Headquarters

HQ city
Morristown
HQ country
United States
HQ region
North America

Markets served

Eagle Creek Renewable Energy business model

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

Revenue model

  1. Hydropower Generation and Sale: Eagle Creek generates revenue through ownership and operation of hydroelectric power facilities. The company sells electricity to utilities and grid operators, typically under long-term power purchase agreements (PPAs) or merchant power arrangements. Revenue is recurring and based on power generation output and contracted rates.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Eagle Creek Renewable Energy product offering

Product offering

Core offering

Eagle Creek Renewable Energy owns and operates a portfolio of 85 small-scale hydroelectric generating facilities across 18 U.S. states with combined installed capacity of nearly 700 MW, supplying baseload and flexible renewable power to electric utilities and grid operators under long-term power purchase agreements and merchant arrangements. Following the March 2024 acquisition of Lightstar Renewables, the company has extended into community solar development with an additional ~1.23 GW pipeline and ~30 MW of projects under construction.

Product overview

Eagle Creek Renewable Energy operates a single unified platform for renewable energy generation, primarily focused on hydroelectric power production. The company owns and operates 85 hydroelectric facilities across 18 U.S. states with a combined capacity of nearly 700 MW. Following the acquisition of Lightstar Renewables in March 2024, the platform has expanded to include community solar development, adding approximately 1.23 gigawatts of solar development pipeline to its existing hydroelectric portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

  • Hydroelectric Power Generation Platform Owned and operated fleet of 85 hydroelectric generating facilities across 18 U.S. states with combined installed capacity of nearly 700 MW, sufficient to power over 260,000 homes, sold as wholesale renewable electricity to electric utilities and grid operators under long-term PPAs and merchant arrangements.
  • Community Solar Development Community solar development and operations acquired through Lightstar Renewables, comprising approximately 30 MW of projects under construction and a 1.2-1.23 GW development pipeline across multiple U.S. markets.

Quantifiable outcome

  • Nearly 700 MW of clean power generation capacity
  • +1 more outcomes

Companies that use Eagle Creek Renewable Energy

Customer profile

Segments1 record

Ideal customer profiles1 record

Eagle Creek Renewable Energy technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Eagle Creek Renewable Energy partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Lightstar RenewablescoreStrategic or Co-development Partner · 19 March 2024Eagle Creek's affiliate acquired Lightstar Renewables, a community solar developer and operator in the United States. The acquisition included approximately 1.23 gigawatts of assets under construction and development pipeline across multiple U.S. markets, expanding Eagle Creek's renewable energy portfolio into community solar.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Eagle Creek Renewable Energy competitors and assessment

Company assessment

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Eagle Creek Renewable Energy social profiles

Digital presence

Eagle Creek Renewable Energy financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Eagle Creek Renewable Energy leadership team

Management profile

Number of profiles

Profiles4 records

Eagle Creek Renewable Energy subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Eagle Creek Renewable Energy funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors2 records

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

Eagle Creek Renewable Energy M&A and investment

M&A and investment

M&A1 record

Investments

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

Frequently asked questions about Eagle Creek Renewable Energy

What does Eagle Creek Renewable Energy do?

Eagle Creek Renewable Energy owns and operates a portfolio of 85 small-scale hydroelectric generating facilities across 18 U.S. states with combined installed capacity of nearly 700 MW, supplying baseload and flexible renewable power to electric utilities and grid operators under long-term power purchase agreements and merchant arrangements. Following the March 2024 acquisition of Lightstar Renewables, the company has extended into community solar development with an additional ~1.23 GW pipeline and ~30 MW of projects under construction.

Is Eagle Creek Renewable Energy a public or private company?

Eagle Creek Renewable Energy is a private company. It is classified as private equity controlled and is currently operating.

When was Eagle Creek Renewable Energy founded?

Eagle Creek Renewable Energy was founded in 2010. It employs 251 to 500 people.

Where is Eagle Creek Renewable Energy based?

Eagle Creek Renewable Energy is headquartered in Morristown, United States, in the North America region.

How does Eagle Creek Renewable Energy make money?

One revenue line is on record: hydropower Generation and Sale.

Does Eagle Creek Renewable Energy have an API?

No public API is recorded for Eagle Creek Renewable Energy.

What industry is Eagle Creek Renewable Energy in?

Eagle Creek Renewable Energy's product category is Renewable Energy Generation. Its primary akta.pro industry code is EUACAEAA, Run-of-River Hydroelectric Generation, with a secondary code of EUACAEAE, Hydropower Plant Development & Permitting (Greenfield/Brownfield). Its NAICS code is 221111 and its SIC code is 4911.

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Live signals
Stock TitanEagle Creek to Manage Relevate's Hydropower PortfolioGDEV-backed Relevate Power and Eagle Creek Renewable Energy announced a strategic partnership to expand their hydropower portfolios. Eagle Creek will manage Relevate's run-of-river hydroelectric projects, with local operators joining to maintain continuity. The partnership aims to achieve operational and cost efficiencies, building on Relevate's 2024 acquisition of Gravity Renewables.ION AnalyticsApollo Infrastructure targets AI-driven energy opportunities as deal pace stays elevatedApollo Global Management’s infrastructure arm is targeting AI-driven energy opportunities, focusing on power generation and digital infrastructure to meet estimated USD 30tn investment needs over the next decade. The firm recently acquired stakes in Pembina Gas Infrastructure and Eagle Creek Renewable Energy, reflecting a strategy of investing in proven technologies with durable business models. Institutional and retail investor demand remains strong due to infrastructure's role as an inflation hedge with uncorrelated returns.Pulse 2.0Apollo To Buy Eagle Creek Renewable EnergyApollo has announced that its managed funds have agreed to acquire Eagle Creek Renewable Energy, an independent operator of hydroelectric facilities in the United States, with financial terms undisclosed. Eagle Creek operates 85 hydroelectric facilities across 18 states with a combined capacity of nearly 700 megawatts, making it one of the largest independent hydro platforms in the country, capable of powering more than 260,000 homes. The deal is subject to customary closing conditions and regulatory approvals, and is expected to be completed in the first quarter of 2026.GlobeNewswireApollo Funds to Acquire Eagle Creek Renewable Energy, One of the Largest U.S. Hydroelectric Power PlatformsApollo-managed funds agreed to acquire Eagle Creek Renewable Energy, a U.S. hydroelectric operator. Eagle Creek owns 85 facilities across 18 states with a nearly 700 MW portfolio powering over 260,000 homes. The deal is expected to close in the first quarter of 2026.Apollo Global ManagementApollo Funds to Acquire Eagle Creek Renewable Energy, One of the Largest U.S. Hydroelectric Power PlatformsApollo-managed funds have agreed to acquire Eagle Creek Renewable Energy, a leading independent owner and operator of hydroelectric facilities across the United States, for undisclosed financial terms. Eagle Creek owns and operates 85 hydroelectric facilities across 18 states with a portfolio of nearly 700 MW, making it one of the largest and most diversified independent hydro platforms in the country, capable of powering over 260,000 homes. The transaction is subject to customary closing conditions including regulatory approvals and is expected to be completed in the first quarter of 2026.Apollo Global ManagementApollo Funds to Acquire Eagle Creek Renewable Energy, One of the Largest U.S. Hydroelectric Power PlatformsApollo-managed funds announced an agreement to acquire Eagle Creek Renewable Energy, a leading independent owner and operator of hydroelectric facilities across the United States. The acquisition includes 85 hydroelectric facilities across 18 states with a portfolio of nearly 700 MW, making it one of the largest and most diversified independent hydro platforms in the country. The transaction is subject to customary closing conditions including regulatory approvals and is expected to close in the first quarter of 2026.GlobeNewswireEagle Creek Renewable Energy acquires LightstarEagle Creek Renewable Energy acquired Lightstar Renewables, a community solar developer, with about 30 MW of projects under construction in New York and a 1.2 GW pipeline. Lightstar will transition its full development pipeline to Eagle Creek, aiming to become a premier community solar IPP in North America.GlobeNewswireEagle Creek Renewable Energy acquires LightstarEagle Creek Renewable Energy has acquired Lightstar Renewables, a community solar developer with approximately 30 megawatts of projects under construction and a development pipeline of 1.2 gigawatts across the United States. This transaction allows Lightstar to transition its assets and growth plans to Eagle Creek, aiming to become a premier independent power producer in North America. KeyBanc Capital Markets served as the exclusive financial advisor for Lightstar during the deal.LightstarEagle Creek Renewable Energy acquires Lightstar Renewables — LightstarEagle Creek Renewable Energy has acquired Lightstar Renewables, a community solar developer with approximately 30 megawatts of projects under construction and a 1.2 gigawatt development pipeline across the United States. The transaction involves the transfer of Lightstar's assets and development plans to Eagle Creek, which is a subsidiary of Ontario Power Generation. KeyBanc Capital Markets served as the exclusive financial advisor for Lightstar in this deal.WBOY.com100+ gather to voice concerns over Cheat Lake dam proposalOver 100 residents gathered in West Virginia to voice concerns regarding Eagle Creek Renewable Energy's proposal to remove approximately 300 acres from the Lake Lynn Hydroelectric Project boundary during its FERC relicensing process. Residents fear that removing this land from federal jurisdiction could lead to future private development and restricted public access to Cheat Lake, despite the company's claim that the change is merely administrative. The meeting also highlighted ongoing issues with lake maintenance and invasive species as the current license approaches its November 2024 expiration.