Econergy
Econergy is a Chicago-based renewable energy developer that builds, finances, and manages grid-scale battery energy storage and solar PV projects across Europe and Australia, targeting utilities and grid operators.
- Company typePrivate
- Founded2018
- HeadquartersChicago, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Econergy does
Econergy is a privately held renewable energy infrastructure company, founded in 2018 and headquartered in Chicago, that develops, finances, and manages renewable energy portfolios. The company's primary focus is on grid-scale battery energy storage systems (BESS) and solar photovoltaic (PV) assets across European and Australian markets, with established activity in Romania and an expanding footprint in Germany. Its portfolio reportedly includes around 550 MW of solar capacity in Romania with an additional 342 MW of related project activity, and it has optioned two 435 MW grid-licensed battery storage projects in Bad Lauchstädt, Saxony-Anhalt, Germany, that are in the final stages of permitting. Leadership comprises a CEO (Elhajamin Young), a co-founder (Atticus Francken), and two directors (Todd Main and Travis Loyd); the organization employs between 11 and 50 people.
Econergy firmographics
Firmographics- Name
- Econergy
- Website
- https://econergy.net
- Company type
- Private
- Founded year
- 2018
- Headcount range
- 11–50 employees
- Short description
- Econergy is a Chicago-based renewable energy developer that builds, finances, and manages grid-scale battery energy storage and solar PV projects across Europe and Australia, targeting utilities and grid operators.
- Ownership category
- akta.pro rank
Econergy industry classification
Industry- Product category
- Renewable Energy Project Development
- NAICS
- Electric Power Generation (22111), Solar Electric Power Generation (221114)
- 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 Financing, Insurance & Contracting (Tax Equity, PPA/Tolling, Warranties) (EUAFAAAI), Energy Storage & Microgrid Electrical Infrastructure (BESS, Controls) (IMAFAHAE)
Keywords
Where Econergy is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Markets served
Econergy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Personnel, Operations, Marketing or Sales
Marketing channels1 record
Econergy product offering
Product offeringCore offering
Econergy develops, finances, and manages renewable energy portfolios with a focus on large-scale battery energy storage systems (BESS) and solar PV asset development. The company optioned two 435 MW grid-licensed battery storage projects in Bad Lauchstädt, Germany, and is expanding solar assets in Romania, serving utilities, grid operators, and energy companies across Europe and Australia.
Product overview
Econergy is a renewable energy company specializing in battery energy storage systems and solar energy assets. The company develops and operates large-scale battery storage projects and solar PV installations, with operations spanning Europe (particularly Germany and Romania) and Australia. Based on available sources, the company's portfolio includes grid-licensed battery storage projects and solar asset development, though specific branded product names or modular offerings are not detailed in the provided data.
Differentiator
Problem solved
Functional benefit
Products and services
- Grid-Scale Battery Energy Storage Projects
- Solar PV Asset Development
- Renewable Energy Portfolio Management
Companies that use Econergy
Customer profileSegments2 records
Ideal customer profiles1 record
Econergy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Econergy partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights4 records
Econergy competitors and assessment
Company assessmentDirect peers
- Encavis AG: European independent power producer (IPP) that develops, acquires, and operates solar parks and battery storage across multiple European countries — directly comparable to Econergy's solar-plus-storage developer/IPP model in Germany and Romania.
- Sonnedix: Global solar IPP with a sizable European portfolio including Romania-adjacent markets; comparable as a mid-sized renewable developer pursuing pan-European growth, increasingly co-locating storage with PV.
- Eolian: Independent developer focused on large-scale energy storage projects — comparable as a pure-play storage developer pursuing utility-scale BESS projects, similar to Econergy's German pipeline.
- ib vogt GmbH: European solar and battery storage project developer with deep development pipelines in Germany and Romania — a closely comparable pure-play developer profile to Econergy's solar/BESS focus.
- Pacifico Energy Partners: Renewable energy developer operating in European and Asia-Pacific markets with utility-scale solar and storage projects — directly comparable developer profile and cross-regional footprint to Econergy.
Broad incumbents
- RWE Renewables: One of Europe's largest renewable developers with major solar and storage pipelines in Germany — a broad incumbent that competes with Econergy for grid connections, EPC resources, and policy support.
- Lightsource bp: Large global solar and storage developer with active European utility-scale projects; comparable as a competing developer for grid-licensed sites, offtake contracts, and EPC capacity in the same geographies as Econergy.
- EDP Renováveis (EDPR): Global renewable IPP with significant European utility-scale solar and growing BESS portfolio; competes with Econergy on project acquisitions, auctions, and grid-connected developments.
Emerging players
- Energy Vault: Energy storage technology and project developer active in grid-scale deployments globally — comparable as a BESS-focused player operating in similar European and Australian storage markets.
- Nala Renewables: Europe-focused renewable energy developer with activity in solar and storage across Central and Eastern Europe — a closer-sized peer to Econergy with overlapping geographic exposure including Romania.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Econergy social profiles
Digital presenceEconergy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Econergy leadership team
Management profileNumber of profiles
Profiles4 records
Econergy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Econergy 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 Econergy
What does Econergy do?
Econergy develops, finances, and manages renewable energy portfolios with a focus on large-scale battery energy storage systems (BESS) and solar PV asset development. The company optioned two 435 MW grid-licensed battery storage projects in Bad Lauchstädt, Germany, and is expanding solar assets in Romania, serving utilities, grid operators, and energy companies across Europe and Australia.
When was Econergy founded?
Econergy was founded in 2018. It employs 11 to 50 people.
Where is Econergy based?
Econergy is headquartered in Chicago, United States, in the North America region.
Who are Econergy's main competitors?
Direct peers on record are Encavis AG, Sonnedix, Eolian, ib vogt GmbH and Pacifico Energy Partners. Broad incumbents are RWE Renewables, Lightsource bp and EDP Renováveis (EDPR). Emerging players are Energy Vault and Nala Renewables.
Does Econergy have an API?
No public API is recorded for Econergy.
What industry is Econergy in?
Econergy's product category is Renewable Energy Project Development. Its primary akta.pro industry code is EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer), with a secondary code of EUAFAAAI, BESS Financing, Insurance & Contracting (Tax Equity, PPA/Tolling, Warranties). Its NAICS code is 22111 and its SIC code is 4991.