White Pine Renewables

What White Pine Renewables does

White Pine Renewables is a privately held, Delaware-LLC renewable energy developer headquartered in San Francisco with a regional office in Fresno, California. The company develops, finances, owns, and operates behind-the-meter solar photovoltaic, battery energy storage, floating solar, and microgrid projects in the 1–20 MW range for commercial, industrial, agricultural, and public-sector customers across California, the Midwest, and select other states. Customers include municipalities (City of Healdsburg, Corcoran Irrigation District, La Grange School District), agribusinesses (Olam Farming with 8 completed projects, Grimmway Farms, Susie Almonds), industrial operators (Vulcan Materials across five California aggregate sites, Stockton Cold Storage), and water districts (Feather Water, Kettleman City CSD).

The company monetizes projects through four contractual structures: (1) Power Purchase Agreements (PPAs) with 25+ year locked-in electricity rates, under which White Pine owns and operates the system while the customer purchases the output; (2) Battery Shared Savings Agreements (SSAs) over 15–25 years, where savings from deployed energy storage are split between the customer and White Pine; (3) Microgrid Resiliency and Savings Agreements (MRSAs) over 15–30 years combining backup power with bill savings; and (4) Solar and Battery Land Leases paying landowners for 35+ year use of fallow or underutilized acreage. White Pine funds all upfront capital, retains ownership of the assets, and assumes operations and maintenance responsibilities, while customers receive energy at rates below utility tariffs with no balance-sheet impact.

The technology stack combines standard C&I solar PV (including First Solar modules), Tesla Megapack and other lithium-ion BESS, and proprietary deployment solutions for constrained sites — notably elevated carport solar (Feather Water), high-density racking from Planted Solar (Kettleman City), and floating solar co-developed with Noria Energy (Healdsburg, North America's largest floating array at 4.78 MW at completion). Distribution is direct enterprise and municipal field sales; no channel partners, marketplace, or self-serve channels are used. Marketing relies on the company website, social profiles, earned media, and a small number of senior sales contacts (notably Joe McLean, EVP of Technology and Business Development). The founding team is sourced primarily from Cypress Creek Renewables and Cypress Creek's former president is identified as a tax-equity sponsor in the Healdsburg project.

Name

White Pine Renewables

Legal name

White Pine Development, LLC

Website

https://whitepinerenewables.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

White Pine Renewables is a privately held C&I renewable energy developer that finances, builds, and operates behind-the-meter solar, battery storage, floating solar, and microgrid projects (1–20 MW) under long-term PPAs and shared-savings agreements for commercial, agricultural, and public-sector customers in California and the Midwest.

Ownership category

akta.pro rank

Product category

Distributed Solar Energy Development

NAICS

Solar Electric Power Generation (221114)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

akta.pro secondary industries

Distributed Storage (Behind-the-Meter Batteries) (EUAMAJAE), Demand Response & Load Flexibility Services (EUAMAJAF)

Keywords

• Behind-the-meter solar
• Battery energy storage
• Power purchase agreements
• Floating solar solutions
• Commercial microgrid development

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Power Purchase Agreement (PPA): White Pine provides solar and storage systems at no upfront cost to customers, who pay for electricity generated at a locked-in rate for 25+ years. No ongoing operation and maintenance costs for the customer. Guaranteed system performance.
2. Battery Storage Shared Savings Agreement (SSA): White Pine deploys and operates battery ESS at customer sites. Savings produced by ESS are split between customer and White Pine. White Pine covers 100% of costs. Typical terms of 15 to 25 years with cash flow positive in year one.
3. Microgrid Resiliency and Savings Agreement (MRSA): Long-term services contract where White Pine deploys and operates microgrids providing backup power and utility bill savings. Covers 100% of development and construction costs. Terms of 15 to 30 years.
4. Solar and Battery Land Lease: White Pine pays landowners to lease fallow or underutilized acreage for solar and/or energy storage projects. Provides landowners long-term, reliable revenue for 35+ years.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

White Pine Renewables develops, finances, and operates behind-the-meter solar photovoltaic, battery energy storage, floating solar, and microgrid systems for commercial, industrial, agricultural, and public-sector customers across California and the Midwest. The company funds 100% of project costs and delivers energy to customers via Power Purchase Agreements, Battery Shared Savings Agreements, Microgrid Resiliency Agreements, and land lease arrangements, providing long-term savings with no upfront capital outlay.

Product overview

White Pine Renewables is a renewable energy development company offering four core service products: Solar Power Purchase Agreements (PPAs), Battery Shared Savings Agreements, Microgrid Resiliency and Savings Agreements, and Solar/Battery Land Leases. The PPA and SSA products enable commercial, industrial, and public-sector customers to access solar and energy storage with zero upfront costs, with White Pine owning and operating the systems while customers receive energy at rates below utility costs. The MRSA adds comprehensive microgrid capabilities for resiliency, while the Land Lease product enables landowners to monetize underutilized acreage. The company focuses on projects ranging from 1 to 20 MW and specializes in floating solar, behind-the-meter installations, community solar, and battery storage projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar Power Purchase Agreement (PPA) A long-term financing arrangement where White Pine develops, constructs, and operates a solar and energy storage system at a commercial, industrial, or public-sector customer's facility. Customers receive immediate savings on energy costs with no upfront investment, locked-in rates for 25+ years, guaranteed system performance, and no ongoing O&M costs.
• Battery Shared Savings Agreement (SSA) A long-term services contract in which White Pine deploys and operates a battery energy storage system at the customer's place of business. The system reduces electricity costs, eliminates peak demand charges, provides backup power during outages, and generates revenue from grid services. Terms typically range 15 to 25 years with no upfront cost and shared savings between customer and White Pine.
• Microgrid Resiliency and Savings Agreement (MRSA) A comprehensive long-term services contract where White Pine deploys and operates onsite microgrid systems that protect businesses from grid outages while generating long-term utility bill savings. Systems can integrate battery energy storage, fuel cells, linear generators, diesel generators, and/or solar panels. Terms of 15 to 30 years with 100% of development and construction costs covered by White Pine.
• Solar and Battery Land Lease A lease arrangement where White Pine pays landowners to install and manage solar and/or energy storage projects on their property for 35+ years, delivering reliable long-term revenue to landowners while White Pine handles all permitting, construction, and end-of-term maintenance and land restoration.

Quantifiable outcome

• Reduced demand charges by 60% through battery storage discharge during peak periods
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• Planted SolarcoreTechnology or Integration · 12 February 2025Planted Solar provided high-density racking system for the Kettleman City project, enabling energy generation maximization on a small site footprint. White Pine used Planted Solar's innovative deployment strategies to overcome site constraints.
• Noria EnergycoreStrategic or Co-development PartnerNoria Energy co-developed the Healdsburg Floating Solar Project with White Pine, contributing floating solar technology expertise. Noria's CEO Jon Wank noted the partnership leveraged their floating solar technology experience with White Pine's development experience.
• Collins Electrical CompanysupportingImplementation/ SI/ Consulting PartnerCalifornia-based construction contractor providing installation services for the Healdsburg Floating Solar Project. Handled procurement, engineering, and installation to build the 4.78 MW project in under six months.
• GRID AlternativessupportingStrategic or Co-development PartnerSolar nonprofit providing free solar installation training and jobs fair for local low-income job seekers in Fresno. Nearly 70% of program participants secured jobs with AB CarVal and White Pine's regional installation subcontractors.
• PG&EcoreStrategic or Co-development PartnerPG&E launched two battery projects with White Pine designed to defer traditional distribution investments. Projects combine distribution deferral contracts with flexible interconnection to provide grid relief. PG&E also administers the DAC-GT program for the Fresno community solar project.
• New ChicagosupportingImplementation/ SI/ Consulting PartnerIllinois-based solar photovoltaics EPC company that constructed four rooftop solar projects for La Grange School District. Partnered with White Pine for long-term operations and maintenance services.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• ENGIE Distributed Solar (ENGIE North America): Global utility and developer that operates distributed solar plus storage for C&I and public-sector customers across the US. Functions as a much broader incumbent across the same behind-the-meter PPA category, offering overlapping capabilities as part of a multi-gigawatt portfolio.
• Ameresco: Public company (NYSE: AMRC) providing renewable energy and energy-efficiency solutions to schools, water districts, municipalities, and federal agencies. Overlaps with White Pine's public-sector and behind-the-meter solar thesis with a more diversified services platform.
• EDF Renewables Distributed Solutions: US arm of EDF Renewables developing distributed-generation solar and storage assets via PPAs for commercial, industrial, and government customers. Competes directly for many of the same C&I and public-sector opportunities as White Pine, but at significantly greater scale.

Direct peers

• ForeFront Power: Distributed generation developer specializing in behind-the-meter solar PPAs and community solar for C&I, municipal, and DAC customers in California and other states. Direct product and customer overlap before its acquisition by Clearway Energy.
• Cypress Creek Renewables: One of the largest US C&I behind-the-meter solar developers, now owned by The Carlyle Group. Highly comparable to White Pine in business model (long-term PPAs to C&I, agricultural, and public-sector customers) and originating team pedigree — multiple White Pine founders cut their teeth at Cypress Creek.
• Summit Ridge Energy: Community solar developer and asset owner that finances, develops, owns, and operates distributed solar farms through subscription-style agreements. Comparable shared-solar model and public-sector engagement (school districts, municipalities, water utilities).
• Borrego Solar: California-based C&I solar developer and EPC serving commercial, industrial, agricultural, and public-sector customers with behind-the-meter and community solar PPAs. Direct overlap in target verticals (agriculture, water districts, schools) and geographic focus on California.
• Catalyze: Behind-the-meter solar and battery storage developer that owns and operates distributed energy assets under PPAs and storage agreements for commercial and institutional customers. Overlaps directly with White Pine's SSA/MRSA product set and target market.
• Nautilus Solar Energy: Community and C&I solar developer that develops, owns, and operates distributed solar assets with long-term PPAs and subscription structures. Closely aligned with White Pine's focus on behind-the-meter generation and subscription recurring revenue contracts.
• Pivot Energy: National C&I and community solar developer backed by Generate Capital that finances, develops, owns, and operates distributed solar assets through PPAs. Operates a similar no-upfront-cost model across multiple US states with comparable customer segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCr3WvGHucY82LdJgxHjorQA/featured
• Facebookfacebook.com/whitepinerenew
• LinkedInlinkedin.com/company/white-pine-renewables
• Instagraminstagram.com/whitepinerenewables

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors2 records

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

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about White Pine Renewables