Broad Reach Power
Broad Reach Power is a Houston-based independent power producer developing and operating utility-scale standalone battery energy storage systems and renewable projects in the ERCOT and CAISO wholesale markets, serving electric utilities and energy-trading counterparties.
- Company typePrivate
- Founded2019
- HeadquartersHouston, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
Broad Reach Power firmographics
Firmographics- Name
- Broad Reach Power
- Legal name
- Broad Reach Power
- Website
- https://broadreachpower.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Broad Reach Power is a Houston-based independent power producer developing and operating utility-scale standalone battery energy storage systems and renewable projects in the ERCOT and CAISO wholesale markets, serving electric utilities and energy-trading counterparties.
- Ownership category
- akta.pro rank
Broad Reach Power industry classification
Industry- Product category
- Battery Energy Storage Services
- NAICS
- Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)
- akta.pro secondary industries
- Ancillary Services Aggregation & Bidding Optimization (DER/VPP participation) (EUAFALAJ), Utility-Scale BESS EPC & Integration (EUAEAEAA), BESS Operations, Maintenance & Asset Performance Management (APM) (EUAFAAAG), BESS Market Participation & Trading Services (Ancillary/Capacity/Arbitrage) (EUAFAAAL)
Keywords
Where Broad Reach Power is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Broad Reach Power business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D
Revenue model
- Energy Trading: Revenue generation from participating in wholesale energy markets through battery storage assets, buying low and selling high during peak demand periods.
- Utility Contracts: Long-term contracts with utilities for grid services including capacity, frequency regulation, and resource adequacy.
Go-to-market motion1 record
Broad Reach Power product offering
Product offeringCore offering
Broad Reach Power is an independent power producer that develops, constructs, and operates utility-scale standalone Battery Energy Storage Systems (BESS) in the CAISO (California) and ERCOT (Texas) wholesale electricity markets. The company monetizes its storage assets through energy trading (arbitrage) and long-term utility contracts for grid services including capacity, frequency regulation, and resource adequacy. It also holds a 21 GW pipeline portfolio of wind, solar, and storage projects across the United States.
Differentiator
Problem solved
Functional benefit
Products and services
- Battery Energy Storage Systems (BESS) Utility-scale battery energy storage systems providing grid reliability services and facilitating renewable energy integration; standalone storage systems (not co-located with solar or wind) serving energy trading and utility contract revenue streams. Target customers are electric utilities in CAISO and ERCOT markets.
- Wind and Solar Development Portfolio A 21 gigawatt development portfolio of wind, solar, and energy storage projects across the United States, with approximately 1.4 gigawatt hours of energy storage currently owned or under construction. Serves as a pipeline for future utility-scale renewable and storage project deployment.
Companies that use Broad Reach Power
Customer profileSegments1 record
Ideal customer profiles1 record
Broad Reach Power technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Broad Reach Power partnerships and signals
Strategic signalScale indicators5 records
Broad Reach Power competitors and assessment
Company assessmentOthers
- Engie North America: Acquirer of Broad Reach Power and a major global developer of renewable energy and battery storage; directly comparable as the parent entity post-acquisition and the most strategic peer for assessing combined platform scale.
Direct peers
- Key Capture Energy: Independent developer of utility-scale standalone battery storage in the US with projects in multiple ISOs, addressing the same energy arbitrage, ancillary services, and capacity markets as Broad Reach Power.
- Plus Power: Standalone grid-scale battery energy storage developer and operator focused on ERCOT, CAISO and other ISOs, competing directly with Broad Reach in the same wholesale market revenue streams.
- Eolian L.P. Independent developer and operator of utility-scale energy storage projects across multiple US ISOs, directly comparable in business model and asset class to Broad Reach Power's standalone BESS focus.
- Terra-Gen: Developer and operator of utility-scale renewable energy and battery storage projects in the US, including significant California assets, with overlapping customer base and similar wholesale-market revenue model.
- Jupiter Power: Independent developer and operator of utility-scale standalone battery energy storage projects across ERCOT and other US markets, closely overlapping Broad Reach Power's product category, customer base, and revenue model.
Broad incumbents
- LS Power: Large-scale independent power producer and developer with significant battery storage and renewable energy assets across multiple US markets, offering broader portfolio breadth than Broad Reach Power but with direct overlap in BESS development.
- Vistra Corp: Large US independent power producer operating in ERCOT and other markets with a growing utility-scale battery storage portfolio; competes with Broad Reach in ERCOT for ancillary services and capacity revenues.
- EDF Renewables North America: Subsidiary of a global utility developing utility-scale renewable and battery storage projects in the US, providing comparable product offerings and customer profile, but at much larger scale.
Emerging players
- Form Energy: Developer of long-duration battery storage systems for utility-scale applications, an emerging adjacent technology to Broad Reach's lithium-ion BESS that addresses similar grid reliability and renewable integration use cases.
Market position
Customer concentration
Broad Reach Power social profiles
Digital presenceBroad Reach Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Broad Reach Power leadership team
Management profileNumber of profiles
Profiles4 records
Broad Reach Power funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Broad Reach Power 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 Broad Reach Power
What does Broad Reach Power do?
Broad Reach Power is an independent power producer that develops, constructs, and operates utility-scale standalone Battery Energy Storage Systems (BESS) in the CAISO (California) and ERCOT (Texas) wholesale electricity markets. The company monetizes its storage assets through energy trading (arbitrage) and long-term utility contracts for grid services including capacity, frequency regulation, and resource adequacy. It also holds a 21 GW pipeline portfolio of wind, solar, and storage projects across the United States.
Is Broad Reach Power a public or private company?
Broad Reach Power is a private company. It is classified as private equity controlled and is currently operating.
When was Broad Reach Power founded?
Broad Reach Power was founded in 2019. It employs 51 to 100 people.
Where is Broad Reach Power based?
Broad Reach Power is headquartered in Houston, United States, in the North America region.
How does Broad Reach Power make money?
Two revenue lines are on record. Energy Trading is the primary driver. The others are utility Contracts.
Who are Broad Reach Power's main competitors?
Engie North America is listed as an others. Direct peers are Key Capture Energy, Plus Power, Eolian L.P., Terra-Gen and Jupiter Power. Broad incumbents are LS Power, Vistra Corp and EDF Renewables North America. Form Energy is listed as an emerging player.
Does Broad Reach Power have an API?
No public API is recorded for Broad Reach Power.
What industry is Broad Reach Power in?
Broad Reach Power's product category is Battery Energy Storage Services. Its primary akta.pro industry code is EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer), with a secondary code of EUAFALAJ, Ancillary Services Aggregation & Bidding Optimization (DER/VPP participation). Its NAICS code is 22111 and its SIC code is 4911.