Ecoplexus
Ecoplexus is a privately held US-based utility-scale solar and battery storage developer, owner, and operator that delivers end-to-end project development, EPC, O&M, and asset management services to utilities, government agencies, and large corporates across the US and Japan.
- Company typePrivate
- Founded2010
- HeadquartersSan Francisco, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Ecoplexus does
Ecoplexus, Inc. is a privately held utility-scale renewable energy developer, owner, and operator founded in 2009/2010 and headquartered in Mansfield, Texas, with a regional operational hub in San Francisco and additional offices in Dallas, Raleigh/Durham, Tokyo, Mexico City, Ho Chi Minh City, Kuala Lumpur, and Singapore. The company's core technology is utility-scale solar photovoltaic (PV) and battery energy storage systems (BESS), with marquee projects including the 240 MW solar + 640 MWh Hayden facility in Oregon, the 400 MW Willis Pond Solar Center in Louisiana, and the 180 MW Oakboro and Westminster solar + storage projects in North Carolina. Ecoplexus controls over 25,000 acres of land for renewable development and has deployed 70+ solar facilities across 6 countries.
The company operates a fully integrated business model spanning project analysis and development, engineering procurement and construction (EPC), 24/7 operations and maintenance (O&M), and asset management. It pursues utility-scale projects across five US grid regions (PJM, MISO, ERCOT, WECC, Southeast) and internationally in Japan, where Ecoplexus Japan K.K. operates a 1.2+ GWh battery storage pipeline. The company secures long-term power purchase agreements and offtake contracts with investor-owned utilities (Duke Energy, Santee Cooper), municipal governments (City of Charlotte), and large corporates (Corning, Fortune 100 corporations). Revenue is generated through project development fees, EPC construction services, long-term asset ownership and energy sales under PPAs, recurring O&M contracts, and asset management for IPP investors. Pricing is project-specific, with investments ranging from $55M (Charlotte 35 MW) to $500M+ (Willis Pond 400 MW), supported by credit facilities totaling $450M+ from KKR, SMBC, and New Energy Capital that enable over $2.5B in project finance.
Ecoplexus differentiates through end-to-end execution capabilities, multilingual operational coverage (9 languages), a 20+ GW cumulative development experience base, and institutional capital relationships. The December 2025 $300M KKR/SMBC credit facility positions the company to advance a 13 GW+ US development pipeline, while Japan represents a meaningful international expansion vector. Notable strategic risks include dependence on regulatory permitting, interconnection queue timing, customer concentration in utility offtakers, and absence of disclosed AI/ML capabilities in an industry where predictive analytics and storage optimization are becoming increasingly important.
Ecoplexus firmographics
Firmographics- Name
- Ecoplexus
- Legal name
- Ecoplexus, Inc.
- Website
- https://ecoplexus.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Ecoplexus is a privately held US-based utility-scale solar and battery storage developer, owner, and operator that delivers end-to-end project development, EPC, O&M, and asset management services to utilities, government agencies, and large corporates across the US and Japan.
- Ownership category
- akta.pro rank
Ecoplexus industry classification
Industry- Product category
- Utility-Scale Solar and Storage Development
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)
- akta.pro secondary industries
- BESS Operations, Maintenance & Asset Performance Management (APM) (EUAFAAAG), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ), Energy Storage Components for Renewables Manufacturing (BESS Packs, PCS, Thermal Management) (EUAMAHAI)
Keywords
Where Ecoplexus is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices10 records
Markets served
Ecoplexus business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Project Development and Ownership: Ecoplexus develops, finances, and owns utility-scale solar and storage projects. The company generates revenue through the development and long-term ownership of renewable energy assets, selling power through offtake agreements to utilities, governments, and commercial enterprises.
- Engineering, Procurement and Construction (EPC): Ecoplexus provides full EPC services during design and construction phases, contracting with and managing vendors globally. Revenue is generated through construction services and project delivery.
- Operations and Maintenance (O&M): Ecoplexus operates and maintains renewable facilities for its own portfolio and for third-party clients and investors. The company provides 24/7 monitoring and operations of all sites.
- Asset Management: Ecoplexus provides ongoing asset management services for all facilities it constructs and operates, managing IPP assets for investors.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Ecoplexus product offering
Product offeringCore offering
Ecoplexus develops, finances, owns, and operates utility-scale solar photovoltaic (PV) and battery energy storage system (BESS) projects across the United States, Japan, and Southeast Asia. The company delivers end-to-end execution capabilities spanning project analysis and development, engineering procurement and construction (EPC), 24/7 operations and maintenance (O&M), asset management, and project financing.
Product overview
Ecoplexus is a leading renewables developer, owner and operator offering end-to-end execution capabilities including project development, financing, EPC, O&M and asset management. The company develops, finances and owns utility-scale solar and storage projects primarily in the U.S. and Japan. Their service offerings include Project Analysis and Development (with teams having over 20GW combined experience), Engineering/Procurement/Construction, 24/7 Operations and Maintenance, and Project Financing (successfully financed over 75 projects). The company operates across multiple geographic markets including PJM, MISO, ERCOT, WECC, and the Southeast in the US, as well as Japan. Key project types include utility-scale solar facilities, battery storage projects, and solar-plus-storage combinations. The company has developed and deployed over 70 solar facilities worldwide and completed financing transactions exceeding $825 million.
Differentiator
Problem solved
Functional benefit
Products and services
- Project Analysis and Development
Quantifiable outcome
- Projects generate clean electricity for hundreds of thousands of households
- +3 more outcomes
Companies that use Ecoplexus
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Ecoplexus technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Ecoplexus partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and flagship.
- Kruger EnergycoreKruger Energy, a business unit of Kruger Inc., sold a 523MW mid-stage solar development portfolio to Ecoplexus. The portfolio located in Georgia and Tennessee includes 5 projects with targeted commercial operation dates in 2022 and 2023. CohnReznick Capital served as exclusive financial advisor to Kruger Energy.
- Carolina Solar EnergycoreCarolina Solar Energy partnered with Ecoplexus for the City of Charlotte 35 MW solar project through Duke Energy's Green Source Advantage Program. Carolina Solar Energy was selected through a competitive procurement process alongside Ecoplexus.
- Duke EnergyflagshipDuke Energy selected Ecoplexus to develop the largest solar plus energy storage projects in North Carolina - the Oakboro and Westminster Solar & Energy Storage Centers (180MW with multi-hour Li-Ion battery storage). Projects represent $215 million investment and were developed, will be constructed, owned and operated by Ecoplexus.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
Ecoplexus competitors and assessment
Company assessmentDirect peers
- Avantus (formerly 8minute Solar Energy): Large US utility-scale solar and storage developer with integrated development, EPC, and asset ownership capabilities. Direct competitor in California and other US markets where Ecoplexus also develops projects.
- Lightsource bp: Global utility-scale solar developer and owner-operator with a multi-GW US pipeline. Highly comparable to Ecoplexus as a vertically integrated solar+storage IPP pursuing long-term PPAs with utilities and corporates.
- Hecate Energy: US-focused utility-scale solar and storage developer with multi-GW pipeline across multiple states. Comparable development-to-ownership model targeting utility RFPs and corporate PPAs.
- Scout Clean Energy: US-based utility-scale wind and solar developer with development, construction, and asset management capabilities. Comparable mid-sized independent power producer model focused on US grid regions.
- Pine Gate Renewables: Utility-scale solar developer and operator focused on US markets with both development and operating asset portfolios. Comparable vertically integrated IPP model with community-scale and utility-scale projects.
- Clearway Energy Group: Publicly traded renewable energy IPP owning and operating utility-scale solar and storage assets across US markets. Competes directly with Ecoplexus for utility-scale project pipelines and PPA opportunities.
- Origis Energy: US-based utility-scale solar developer with operations in development, EPC, and asset management across multiple states. Comparable customer base of utilities and corporate off-takers.
- Cypress Creek Renewables: US-focused utility-scale solar developer and owner-operator with multi-GW pipeline across PJM, MISO, and Southeast. Closely comparable business model of origination-to-O&M and community-sited development.
Broad incumbents
- NextEra Energy Resources: Largest US renewable energy developer and operator with multi-tens-of-GW pipeline. Dominant incumbent competing for the same utility-scale solar and storage offtake agreements that Ecoplexus pursues.
- EDF Renewables North America: Major utility-scale wind, solar, and storage developer and operator with extensive US footprint. Competes with Ecoplexus for utility RFPs and project pipelines across multiple ISOs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Ecoplexus social profiles
Digital presenceEcoplexus financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ecoplexus leadership team
Management profileNumber of profiles
Profiles5 records
Ecoplexus subsidiaries and ownership
Company hierarchySubsidiaries1 record
Ecoplexus funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ecoplexus 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 Ecoplexus
What does Ecoplexus do?
Ecoplexus develops, finances, owns, and operates utility-scale solar photovoltaic (PV) and battery energy storage system (BESS) projects across the United States, Japan, and Southeast Asia. The company delivers end-to-end execution capabilities spanning project analysis and development, engineering procurement and construction (EPC), 24/7 operations and maintenance (O&M), asset management, and project financing.
Is Ecoplexus a public or private company?
Ecoplexus is a private company. It is classified as unknown and is currently operating.
When was Ecoplexus founded?
Ecoplexus was founded in 2010. It employs 251 to 500 people.
Where is Ecoplexus based?
Ecoplexus is headquartered in San Francisco, United States, in the North America region.
How does Ecoplexus make money?
Four revenue lines are on record. Project Development and Ownership is the primary driver. The others are engineering, Procurement and Construction (EPC), operations and Maintenance (O&M) and asset Management.
Who are Ecoplexus's main competitors?
Direct peers on record are Avantus (formerly 8minute Solar Energy), Lightsource bp, Hecate Energy, Scout Clean Energy, Pine Gate Renewables, Clearway Energy Group, Origis Energy and Cypress Creek Renewables. Broad incumbents are NextEra Energy Resources and EDF Renewables North America.
Does Ecoplexus have an API?
No public API is recorded for Ecoplexus.
What industry is Ecoplexus in?
Ecoplexus's product category is Utility-Scale Solar and Storage Development. Its primary akta.pro industry code is EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer), with a secondary code of EUAFAAAG, BESS Operations, Maintenance & Asset Performance Management (APM). Its NAICS code is 221114 and its SIC code is 4991.