APR Renewables
APR Renewables is a U.S. green energy developer specializing in solar photovoltaic and battery storage projects delivered via flexible Power Purchase Agreements. The company serves Fortune 1000 enterprises, utilities, data centers, industrial facilities, communities, and government entities across Utility Scale, Community Solar, and Distributed Generation segments, with a growing footprint in IRA-benefiting states.
- Company typePrivate
- Founded2009
- HeadquartersPalm Beach Gardens, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What APR Renewables does
APR Renewables, LLC is a privately held U.S. green energy developer headquartered in Palm Beach Gardens, Florida, founded circa 2009. The company specializes in the rapid development and deployment of solar photovoltaic, battery energy storage, and complementary green energy assets, structured through flexible long-term Power Purchase Agreements (PPAs and VPPAs). Its portfolio spans three core product lines: Utility Scale solar, wind, and storage projects on 500–5,000 acre sites for grid-connected supply to investment-grade off-takers; Community Solar projects on 30–100 acres delivering bill credits to residential and low-to-moderate-income participants under state programs; and Distributed Generation solar for on-site facility supply. Supporting offerings include Energy Storage systems for peak demand reduction and a Solar Land Lease service that provides landowners with 20–25 year passive income streams (extendable 5–10 years) in exchange for hosting solar farms on 30+ acre parcels.
The company serves a diversified customer base that includes Fortune 1000 and global enterprises, electrical utilities, industrial and warehousing facilities, data centers, communities, and government entities. Revenue is generated primarily through subscription-style PPAs (recurring multi-year contracts) and land lease arrangements, with a quote-based pricing model tailored to each customer's energy profile. APR maintains a sales-led go-to-market motion with direct enterprise engagement, complemented by community-led participation in state-administered community solar programs and landowner outreach for site origination. Its geographic footprint currently spans the U.S. Southeast and Mid-Atlantic (with a notable project cluster in Maryland, including roughly 40+ MW of CPCN-approved or pending solar capacity), and the company is actively pursuing expansion into additional states benefiting from the Inflation Reduction Act of 2022 following a multi-million dollar financing round from Jacobson Partners in May 2023.
The executive team is led by Founder & CEO AJ Javan, with Edward Pliner (Partner & CFO; ex-PwC Partner, ex-Raytheon Technologies CFO) handling finance and Jon Tebol (Partner & EVP Corporate Development; ex-Carlyle Group, ex-Main Street Capital) leading corporate development. Operational leadership includes CTO Mikael Quist (ex-Amazon), COO David Balfrey (ex-Apex Clean Energy SVP of Technology, ex-Acciona Energy), VP of Distributed Generation Andrew Thurston (ex-NextEra Energy, ex-BlackRock DSD), and VP of Legal & Regulatory Affairs Stephen Gibelli. Despite a lean 1–10 person headcount, APR has assembled a leadership roster with substantial prior experience across finance, energy development, technology, and renewable project operations.
APR Renewables firmographics
Firmographics- Name
- APR Renewables
- Legal name
- APR Renewables, LLC
- Website
- https://aprenew.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- APR Renewables is a U.S. green energy developer specializing in solar photovoltaic and battery storage projects delivered via flexible Power Purchase Agreements. The company serves Fortune 1000 enterprises, utilities, data centers, industrial facilities, communities, and government entities across Utility Scale, Community Solar, and Distributed Generation segments, with a growing footprint in IRA-benefiting states.
- Ownership category
- akta.pro rank
APR Renewables industry classification
Industry- Product category
- Renewable Energy Development
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB)
Keywords
Where APR Renewables is headquartered
LocationHeadquarters
- HQ city
- Palm Beach Gardens
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
APR Renewables business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Infrastructure, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Power Purchase Agreements (PPAs): APR Renewables provides green energy through flexible long-term Power Purchase Agreements tailored to meet individual customer needs. This is the primary revenue stream, generating recurring revenue over the contract term. PPAs are offered for utility-scale, community solar, and distributed generation projects.
- Solar Land Lease Arrangements: APR Renewables generates revenue by developing solar farms on leased land from landowners. Landowners receive long-term passive income for 20-25 years (extendable for additional 5-10 years) while APR maintains ownership and operation of the solar equipment. This model supports project development without requiring land ownership.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Custom PPA pricing tailored to customer requirements |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
APR Renewables product offering
Product offeringCore offering
APR Renewables develops, finances, builds, and operates solar, battery storage, and other green energy assets delivered to customers via flexible Power Purchase Agreements (PPAs and VPPAs). Its portfolio spans utility-scale projects on 500–5,000 acres, community solar programs on 30–100 acres, distributed generation, and battery storage systems, serving Fortune 1000 corporates, utilities, industrial and warehousing facilities, data centers, communities, and government entities. The company also leases land from landowners to host solar farms over 20–25+ year terms.
Product overview
APR Renewables is a green energy provider offering a portfolio of renewable energy products through flexible Power Purchase Agreements (PPAs and VPPAs). The core offerings consist of Utility Scale projects (solar, wind, and battery storage systems on 500-5,000 acres for grid-connected power to large customers) and Community Solar projects (30-100 acres enabling residential and commercial community participation). These are supported by Energy Storage systems for peak demand management and Solar Land Lease services for landowners. The company serves Fortune 1000 companies, utilities, industrial/warehousing, data centers, communities, and government entities.
Differentiator
Problem solved
Functional benefit
Products and services
- Utility Scale Solar Grid-connected solar, wind, and battery storage energy systems developed on 500–5,000 acres of land and sold via long-term PPAs to investment-grade off-takers such as utilities, large corporates, cities, and large towns.
- Community Solar State-program-enabled community solar projects on 30–100 acres of land where communities and households subscribe through PPAs to receive green energy or discounted bill credits (approximately 5% savings, at least 10% for LMI households).
- Power Purchase Agreements (PPAs/VPPAs) Flexible, long-term Power Purchase Agreements (physical and virtual) that let customers purchase green energy or receive bill credits tailored to their specific sustainability and savings objectives.
- Solar Land Lease Long-term land lease program that enables landowners (typically with 30+ acres) to host APR-owned solar farms and equipment in exchange for 20–25 years of passive income (extendable 5–10 years), with no out-of-pocket costs to the landowner and retention of land ownership.
- Energy Storage Battery storage systems that store green energy from connected solar assets and dispatch it during high grid demand and pricing periods, reducing peak demand, demand charges, and reliance on taxed grid infrastructure.
Quantifiable outcome
- Electric bill savings of approximately 5% for community solar participants, with at least 10% savings for low-to-moderate income households
- +4 more outcomes
Companies that use APR Renewables
Customer profileNamed customers6 records
Segments7 records
Ideal customer profiles5 records
APR Renewables technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
APR Renewables partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights6 records
APR Renewables competitors and assessment
Company assessmentDirect peers
- Invenergy: Privately held utility-scale solar, wind, and storage developer with multi-gigawatt U.S. pipeline. Closely comparable to APR's utility-scale product (500-5,000 acres, investment-grade off-takers), though Invenergy operates at vastly greater scale and balance sheet.
- Apex Clean Energy: Utility-scale wind and solar developer with national pipeline and corporate PPA origination. Directly comparable to APR's utility-scale offering; APR's COO David Balfrey is a former Apex SVP of Technology, evidencing operational similarity.
- Cypress Creek Renewables: U.S. solar developer and asset owner focused on utility-scale and community solar PPAs. Closely comparable to APR across both product lines and target off-takers.
- Lightsource bp: Global utility-scale solar developer and operator with active U.S. community solar and PPA programs. Directly comparable to APR on utility-scale project structure and PPA-driven revenue model.
- Altus Power: Commercial and community solar developer building a national portfolio through long-term PPAs with enterprises, municipalities, and data centers. Closely comparable to APR on distributed-generation and community-solar product lines and enterprise sales motion.
- ForeFront Power: Developer of distributed-generation and community solar projects sold primarily through PPAs to commercial, government, and institutional off-takers. Comparable to APR on multi-segment DG/community solar origination.
- Sunrun: Largest U.S. residential solar and battery-storage provider operating a subscription/PPA model. Comparable to APR on the recurring-PPA revenue mechanic and storage integration, though primarily residential rather than utility-scale.
Broad incumbents
- NextEra Energy Resources: Largest U.S. renewable energy developer and operator; APR's VP of Distributed Generation Andrew Thurston is a former NextEra development M&A leader. Competes broadly with APR on utility-scale solar but at vastly larger scale and with greater capital access.
- Engie North America: Global renewable developer with substantial U.S. utility-scale solar, wind, storage, and community solar portfolios. Comparable to APR across the full product set but operates as a broad incumbent rather than APR's specialized focus.
- Clearway Energy: Publicly traded renewable power producer operating utility-scale solar, wind, and storage assets under long-term PPAs. Comparable to APR on long-duration contracted cash flows and asset-ownership model, though with a public-market capital base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
APR Renewables social profiles
Digital presenceAPR Renewables financial estimates
Financial estimateRevenue estimate
Valuation estimate
APR Renewables leadership team
Management profileNumber of profiles
Profiles11 records
APR Renewables funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
APR Renewables 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 APR Renewables
What does APR Renewables do?
APR Renewables develops, finances, builds, and operates solar, battery storage, and other green energy assets delivered to customers via flexible Power Purchase Agreements (PPAs and VPPAs). Its portfolio spans utility-scale projects on 500–5,000 acres, community solar programs on 30–100 acres, distributed generation, and battery storage systems, serving Fortune 1000 corporates, utilities, industrial and warehousing facilities, data centers, communities, and government entities. The company also leases land from landowners to host solar farms over 20–25+ year terms.
Is APR Renewables a public or private company?
APR Renewables is a private company. It is classified as venture growth investor backed and is currently operating.
When was APR Renewables founded?
APR Renewables was founded in 2009. It employs 51 to 100 people.
Where is APR Renewables based?
APR Renewables is headquartered in Palm Beach Gardens, United States, in the North America region.
How does APR Renewables make money?
Two revenue lines are on record. Power Purchase Agreements (PPAs) is the primary driver. The others are solar Land Lease Arrangements.
Who are APR Renewables's main competitors?
Direct peers on record are Invenergy, Apex Clean Energy, Cypress Creek Renewables, Lightsource bp, Altus Power, ForeFront Power and Sunrun. Broad incumbents are NextEra Energy Resources, Engie North America and Clearway Energy.
Does APR Renewables have an API?
No public API is recorded for APR Renewables.
What industry is APR Renewables in?
APR Renewables's product category is Renewable Energy Development. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization). Its NAICS code is 221114 and its SIC code is 4991.