Competitive Power Ventures
- Company typePrivate
- Founded2000
- HeadquartersSilver Spring, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
Competitive Power Ventures firmographics
Firmographics- Name
- Competitive Power Ventures
- Legal name
- Competitive Power Ventures, Inc.
- Website
- https://cpv.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Competitive Power Ventures industry classification
Industry- Product category
- Independent Power Generation
- NAICS
- Electric Power Generation (22111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build) (EUAMAAAF)
- akta.pro secondary industries
- Utility-Scale Power Generation Asset Management (EUAEAMAA), Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Gas-Fired Power Plant Development & IPP Ownership (Greenfield/Brownfield) (EUACABAI), Incentives, Grants & Program Administration (Auctions, Tenders, IRA/ITC/PTC Advisory) (EUAMAAAJ)
Keywords
Where Competitive Power Ventures is headquartered
LocationHeadquarters
- HQ city
- Silver Spring
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Competitive Power Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Wholesale Electricity Generation and Sales: CPV develops, owns, and operates power generation facilities that sell electricity into wholesale markets (PJM, ERCOT, NYISO, ISO-NE). Revenue comes from capacity sales, energy sales, and ancillary services. Projects are often co-owned with strategic partners.
- Asset Management Services: CPV's Asset Management division manages fossil and renewable generating facilities in multiple states for third-party owner groups, providing operational expertise and management services.
- Retail Energy Sales: CPV Retail Energy provides electricity solutions to commercial and industrial customers in PJM and NYISO markets. As a gentailer, the company offers competitive energy products and services leveraging CPV's own generating assets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | CPV Retail offers customized pricing plans for C&I customers |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Competitive Power Ventures product offering
Product offeringCore offering
Competitive Power Ventures is an independent power producer that develops, owns, and operates large-scale natural gas combined-cycle, utility-scale solar, and wind generation facilities across U.S. wholesale electricity markets (PJM, ERCOT, NYISO, ISO-NE). The company sells wholesale capacity, energy, and ancillary services, operates a retail energy provider (CPV Retail) serving commercial and industrial customers, and provides asset management services for third-party owned generation assets.
Product overview
Competitive Power Ventures operates as a power generation company with a diversified portfolio spanning natural gas combined-cycle facilities, utility-scale solar projects, and wind farms across the United States. The company is organized into three main segments: (1) CPV Low Carbon Generation handles dispatchable gas-fired generation including projects with carbon capture technology; (2) CPV Renewable Power develops and operates wind and solar projects, including innovative projects repurposing former coal mine lands; and (3) CPV Retail provides retail energy solutions to commercial and industrial customers. Key operating assets include CPV Three Rivers (1,250 MW gas), CPV Fairview (1,050 MW gas), CPV Towantic (805 MW gas), CPV Valley (680 MW gas), and CPV St. Charles (725 MW gas). Major solar assets include CPV Backbone Solar (160 MW), CPV Maple Hill Solar (100 MWac), and CPV Stagecoach Solar (80 MWac). Construction is underway on CPV Basin Ranch Energy Center (1,350 MW gas in Texas) and CPV Rogue's Wind (114 MW in Pennsylvania). Development projects include CPV Shay Energy Center (~1,800 MW with carbon capture in West Virginia).
Differentiator
Problem solved
Functional benefit
Brands
- CPV Renewable Power: Renewable energy division developing and operating wind and solar projects
- CPV Low Carbon Generation
- CPV Retail Energy
Products and services
- CPV Three Rivers Energy Center A 1,250 MW combined-cycle natural gas power plant in Grundy County, Illinois, utilizing GE 7HA.02 turbine technology, capable of powering over 1 million homes. Wholesale electricity is sold into the PJM market.
- CPV Fairview Energy Center A 1,050-MW natural gas-fueled combined-cycle facility in Jackson Township, Cambria County, Pennsylvania, featuring GE 7HA.02 combustion turbines. Sells wholesale generation into the PJM market.
- CPV Towantic Energy Center An 805 MW combined-cycle power plant in Oxford, Connecticut, featuring GE 7HA.01 gas turbines with DLN2.6+ AFS combustion system. Sells wholesale electricity into the ISO-NE market.
- CPV Valley Energy Center A 680-MW natural gas combined-cycle facility in Wawayanda, New York, featuring Siemens SGT6-5000F gas turbines. Sells wholesale electricity into the NYISO market.
- CPV St. Charles Energy Center A 725-MW combined-cycle natural gas plant in Waldorf, Charles County, Maryland, using GE 7F.05 gas turbines and GE D402 steam turbine. Sells into the PJM market.
- CPV Woodbridge Energy Center Combined-cycle natural gas power facility located in New Jersey, supplying wholesale electricity into the PJM market.
- CPV Backbone Solar A 160-MW solar project in Garrett County, Maryland, located on reclaimed former coal mine land, producing enough energy to power 30,000 households. A planned second phase will expand installed capacity to 175 MW.
- CPV Maple Hill Solar A 100-MWac solar facility in Portage Township, Pennsylvania, on former coal mine land with over 235,000 bi-facial panels and single-axis tracking. Powers Hydro's Cressona aluminum extrusion operations.
- CPV Stagecoach Solar An 80-MWac solar project in Macon County, Georgia, utilizing over 180,000 bi-facial solar panels with single-axis tracking.
- CPV Keenan II Wind Farm Operating wind farm in the CPV portfolio supplying renewable electricity into U.S. wholesale markets.
- CPV Mountain Wind Operating wind farm in the CPV portfolio supplying renewable electricity into U.S. wholesale markets.
- CPV Retail Energy Retail energy provider offering competitive energy products and services to commercial and industrial customers in PJM and NYISO markets. Acts as a 'gentailer' combining CPV's own generation assets with retail supply, offering customized pricing plans including 100% renewable options for C&I buyers.
- CPV Asset Management Services CPV's Asset Management division manages fossil and renewable generating facilities in multiple states for third-party owner groups, providing operational expertise and management services including plant operations, maintenance, and commercial dispatch.
- CPV Shay Energy Center An approximately 1,800 MW combined-cycle natural gas power station with carbon capture and storage technology planned for Doddridge County, West Virginia, representing a $3 billion investment that will capture the vast majority of carbon emissions from the facility.
- CPV Basin Ranch Energy Center A 1,350 MW combined-cycle natural gas power plant under construction in Ward County, Texas, equipped with GE Vernova turbines with optional carbon capture capability, to be constructed by Gemma Power Systems.
- CPV Rogue's Wind A 114 MW wind project under construction in Pennsylvania utilizing 19 Vestas V-162 wind turbines, CPV's third project utilizing former coal mine land. Expected to reach commercial operation in 2026.
Quantifiable outcome
- 6.8 GW of generation capacity brought online since 2010
- +4 more outcomes
Companies that use Competitive Power Ventures
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Competitive Power Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Competitive Power Ventures partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and strategic.
- Vanguard Energy PartnerscoreLeading solar engineering, procurement, and construction firm that constructed CPV Backbone Solar project (160 MW) and CPV Stagecoach Solar project (80 MW).
- Gemma Power SystemscoreEPC contractor for CPV Basin Ranch Energy Center (1,350 MW combined-cycle power plant). Gemma Power Systems, a wholly owned subsidiary of Argan, Inc., received full notice to proceed on the project.
- GE VernovacorePrimary turbine manufacturer supplying equipment to CPV projects. CPV Basin Ranch will feature GE 7HA.03 turbines with optional carbon capture capability. CPV Three Rivers utilizes GE 7HA.02 turbine technology.
- Osaka Gas USAcoreCo-owner of CPV Three Rivers Energy Center and partner in multiple CPV projects. Long-term strategic partner in power generation development.
- Marubeni CorporationcoreCo-owner of CPV St. Charles Energy Center (725 MW). Japanese trading company with extensive power industry presence globally.
- Toyota Tsusho CorporationcoreCo-owner of CPV St. Charles Energy Center. General trading company with diversified businesses including power project development across North America.
- Marathon CapitalstrategicServed as advisor for CPV Backbone Solar project, emphasizing project quality and CPV's leading role in developing utility-scale renewable projects.
- ArcTradestrategicTechnology platform provider for CPV Retail Energy, providing end-to-end platform for retail sales to industrial and commercial customers within PJM market.
- Patriot RenewablesstrategicSeller of four operating wind farms in Maine (81.5 MW) acquired by CPV. Developer, owner, and operator of commercial-scale wind, solar and energy storage projects.
- TalesuncoreGlobal leading solar module manufacturer providing 530+ watt bi-facial solar panels with latest technology for CPV Maple Hill Solar project.
- VestascoreWind turbine supplier for CPV Rogue's Wind project, providing 19 Vestas V-162 wind turbines.
- Kiewit Power ConstructorscoreEPC contractor for CPV Three Rivers Energy Center construction, completed over 34 months with 2.7 million manhours and zero-time-lost safety record.
Scale indicators22 records
Recent moves6 records
Expansion highlights6 records
Competitive Power Ventures competitors and assessment
Company assessmentDirect peers
- Calpine Corporation: Calpine is one of the largest U.S. independent power producers with a predominantly natural gas-fired fleet across PJM, ERCOT, and other ISOs, plus an industry-leading retail platform. It is the most direct competitor to CPV's combined-cycle generation and gentailer model, with comparable GE turbine technology and PJM exposure.
- Vistra Corp: Vistra is a large publicly-traded U.S. IPP with a diversified natural gas, nuclear, coal, solar, and battery storage portfolio and a major retail electricity business (TXU Energy). It directly competes with CPV in ERCOT, PJM, and retail energy, and shares the gentailer business model.
- NRG Energy: NRG is a leading U.S. retail electricity and generation company operating in PJM, ERCOT, and NYISO with a mix of gas, coal-to-gas conversions, and renewables. Its retail platform directly competes with CPV Retail, and its generation development overlaps CPV's IPP pipeline.
- NextEra Energy Resources: NextEra Energy Resources is the world's largest renewable energy generator and a major U.S. wind and solar developer. It competes directly with CPV Renewable Power for utility-scale wind/solar projects, tax equity, and EPC capacity across PJM and adjacent markets.
- Invenergy: Invenergy is a leading privately-held U.S. independent power producer with a large renewable, storage, and natural gas pipeline. It is a direct peer in wind/solar development, energy storage, and gas-fired IPP, often co-located with the same ISOs as CPV.
- Clearway Energy: Clearway Energy is a publicly-traded renewable energy yieldco with utility-scale wind, solar, and thermal assets. It overlaps CPV's renewable IPP activities and competes for tax equity and PPA off-takers in PJM and adjacent markets.
- Avantus (formerly 8minute Solar Energy): Avantus is a large privately-held U.S. utility-scale solar developer with a multi-gigawatt pipeline. It directly competes with CPV Renewable Power for solar development opportunities, interconnection capacity, and PPA customers.
- D.E. Shaw Renewable Investments (DESRI): DESRI is a major privately-held renewable energy developer/owner/operator focused on utility-scale solar and storage across the U.S. It is a direct peer to CPV Renewable Power for solar development capital, tax equity partnerships, and IPP ownership.
Broad incumbents
- Constellation Energy: Constellation is the largest U.S. competitive power generator (nuclear-led) with significant natural gas, renewables, and retail operations across PJM. As a broad incumbent, it overlaps with CPV's gas, retail, and carbon capture ambitions at much greater scale.
- Engie North America: Engie is a global utility with U.S. operations spanning renewable development, battery storage, and natural gas-fired generation, with retail energy offerings. As a broad incumbent, it competes with CPV across multiple technologies and geographies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Competitive Power Ventures social profiles
Digital presenceCompetitive Power Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Competitive Power Ventures leadership team
Management profileNumber of profiles
Profiles17 records
Competitive Power Ventures subsidiaries and ownership
Company hierarchySubsidiaries3 records
Competitive Power Ventures funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Competitive Power Ventures 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 Competitive Power Ventures
What does Competitive Power Ventures do?
Competitive Power Ventures is an independent power producer that develops, owns, and operates large-scale natural gas combined-cycle, utility-scale solar, and wind generation facilities across U.S. wholesale electricity markets (PJM, ERCOT, NYISO, ISO-NE). The company sells wholesale capacity, energy, and ancillary services, operates a retail energy provider (CPV Retail) serving commercial and industrial customers, and provides asset management services for third-party owned generation assets.
Is Competitive Power Ventures a public or private company?
Competitive Power Ventures is a private company. It is classified as corporate owned and is currently operating.
When was Competitive Power Ventures founded?
Competitive Power Ventures was founded in 2000. It employs 101 to 250 people.
Where is Competitive Power Ventures based?
Competitive Power Ventures is headquartered in Silver Spring, United States, in the North America region.
How does Competitive Power Ventures make money?
Three revenue lines are on record. Wholesale Electricity Generation and Sales are the primary driver. The others are asset Management Services and retail Energy Sales.
Who are Competitive Power Ventures's main competitors?
Direct peers on record are Calpine Corporation, Vistra Corp, NRG Energy, NextEra Energy Resources, Invenergy, Clearway Energy, Avantus (formerly 8minute Solar Energy) and D.E. Shaw Renewable Investments (DESRI). Broad incumbents are Constellation Energy and Engie North America.
Does Competitive Power Ventures have an API?
No public API is recorded for Competitive Power Ventures.
What industry is Competitive Power Ventures in?
Competitive Power Ventures's product category is Independent Power Generation. Its primary akta.pro industry code is EUAMAAAF, Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build), with a secondary code of EUAEAMAA, Utility-Scale Power Generation Asset Management. Its NAICS code is 22111 and its SIC code is 4991.