Econergy

Renewable Energy Project Developmenteconergy.net

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

Battery energy storage
Solar PV development
Renewable energy projects
Grid-scale storage
Clean energy infrastructure

Where Econergy is headquartered

Location

Headquarters

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 offering

Core 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 profile

Segments2 records

Ideal customer profiles1 record

Econergy technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Econergy partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Econergy competitors and assessment

Company assessment

Direct 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 financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Econergy leadership team

Management profile

Number of profiles

Profiles4 records

Econergy funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Econergy M&A and investment

M&A and investment

M&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?

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.