Eagle Creek Renewable Energy
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.
- Company typePrivate
- Founded2010
- HeadquartersMorristown, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
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
Where Eagle Creek Renewable Energy is headquartered
LocationHeadquarters
- 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
- 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 offeringCore 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 profileSegments1 record
Ideal customer profiles1 record
Eagle Creek Renewable Energy technology and API
TechnologyTechnology 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 signalPartnerships
One partnership is on record.
- Lightstar RenewablescoreEagle 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 assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Eagle Creek Renewable Energy social profiles
Digital presenceEagle Creek Renewable Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eagle Creek Renewable Energy leadership team
Management profileNumber of profiles
Profiles4 records
Eagle Creek Renewable Energy subsidiaries and ownership
Company hierarchySubsidiaries1 record
Eagle Creek Renewable Energy funding detail
Funding detailFunding 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 investmentM&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.