ConnectGen
ConnectGen is a Houston-based US renewable energy developer focused on onshore wind and energy storage project development, founded in 2018 and operating as a wholly-owned Repsol subsidiary since September 2023.
- Company typePrivate
- Founded2018
- HeadquartersHouston, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What ConnectGen does
ConnectGen is a Houston-based US renewable energy developer that focuses on originating, developing, and operating onshore wind and energy storage projects in the United States. Founded in 2018, the company operated as a private project developer with 51-100 employees prior to its acquisition in 2023. Its products and revenue mechanics center on the development lifecycle of wind generation assets: greenfield origination, siting and interconnection, permitting, construction, and ultimately asset ownership and off-take, monetized through power sales, PPAs, or asset monetization.
On September 7, 2023, Repsol acquired ConnectGen from financial sponsor Quantum Capital Group. The transaction was structured as a strategic acquisition in which ConnectGen became a wholly-owned subsidiary of Repsol and the vehicle through which the integrated Spanish energy major entered the US onshore wind market. Following the change of control, ConnectGen ceased to operate as an independent company and was integrated into Repsol Renewables North America.
In the Repsol group structure, ConnectGen's project pipeline contributes to a broader North American renewables platform that develops, owns, and operates wind, solar, and storage assets across multiple US states. The Repsol North American platform reports 1,400 MW of renewable capacity in operation, 1,400 MW in construction, and 20,000 MW in development, with a stated ambition to reach more than 3 GW of installed renewable capacity by 2027. ConnectGen's specific project-level revenue, ownership stakes, and operational KPIs are not disclosed in the available source material.
ConnectGen firmographics
Firmographics- Name
- ConnectGen
- Legal name
- ConnectGen
- Website
- https://connectgenllc.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- ConnectGen is a Houston-based US renewable energy developer focused on onshore wind and energy storage project development, founded in 2018 and operating as a wholly-owned Repsol subsidiary since September 2023.
- Ownership category
- akta.pro rank
ConnectGen industry classification
Industry- Product category
- Onshore Wind Energy
- NAICS
- Wind Electric Power Generation (221115)
- akta.pro primary industry
- Wind Farm Development & Permitting (Greenfield/Brownfield) (EUACAFAE)
- akta.pro secondary industries
- Onshore Wind Power Generation (Utility-Scale) (EUACAFAA), Contracted Wind Power Generation (PPA/CFD/FiT-backed) (EUACAFAJ)
Keywords
Where ConnectGen is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Markets served
ConnectGen business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
ConnectGen product offering
Product offeringCore offering
ConnectGen develops, builds, and operates utility-scale onshore wind energy projects in the United States, advancing assets from greenfield origination and site selection through construction and commercial operations. Its portfolio is integrated with energy storage and renewable energy development as part of Repsol Renewables North America.
Differentiator
Problem solved
Functional benefit
Products and services
- Onshore wind energy generation and project development
Companies that use ConnectGen
Customer profileIdeal customer profiles2 records
ConnectGen technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ConnectGen partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights4 records
ConnectGen competitors and assessment
Company assessmentDirect peers
- Pattern Energy: Large-scale US-focused wind and transmission developer that is co-developing ConnectGen's Heritage Prairie project (600 MW wind / 400 MW solar). Directly comparable on asset type, scale, geography, and offtake model.
- Apex Clean Energy: US-focused independent power producer specializing in utility-scale wind and solar development with a multi-GW project pipeline. Closely comparable on customer base (utilities/corporate PPAs), geography, and IPP business model.
- Invenergy: US-headquartered independent developer, owner, and operator of wind, solar, and storage projects with a national pipeline in the multi-GW range. Comparable end-to-end development, ownership, and offtake strategy.
- NextEra Energy Resources: Largest US wind operator and developer, with a GW-scale renewables pipeline spanning wind, solar, and storage. Closest large-cap comparable on technology mix, scale, and contract structures (PPA/CfD).
- Longroad Energy: US-focused wind, solar, and storage developer and operator with a development-to-COD platform. Comparable in scale, technology stack, and customer base to ConnectGen's wind-led pipeline.
- Clearway Energy: US renewables owner/operator with utility-scale wind and solar generation across multiple ISOs. Comparable on asset ownership, PPA revenue model, and wind-heavy generation mix.
- EDF Renewables North America: Subsidiary of EDF developing and operating utility-scale wind and solar projects across the US. Comparable geography, technology stack, and offtake model to ConnectGen's pre-acquisition wind portfolio.
- Avangrid Renewables: US renewable developer and operator (Iberdrola subsidiary) with utility-scale wind assets across multiple states. Comparable on regulatory environment, scale, and asset class.
- ENGIE North America: ENGIE's US renewables arm operating utility-scale wind and solar projects. Similar strategic-owner-backed wind development model to ConnectGen under Repsol post-acquisition.
- RWE Renewables Americas: US renewables platform of RWE developing and operating utility-scale wind, solar, and storage. Comparable end-market (US), technology stack, and IPP business model post-strategic acquisition (similar ownership pattern to Repsol/ConnectGen).
Market position
Strengths5 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights6 records
Customer concentration
ConnectGen social profiles
Digital presenceConnectGen financial estimates
Financial estimateRevenue estimate
Valuation estimate
ConnectGen leadership team
Management profileNumber of profiles
Profiles1 record
ConnectGen funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ConnectGen 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 ConnectGen
What does ConnectGen do?
ConnectGen develops, builds, and operates utility-scale onshore wind energy projects in the United States, advancing assets from greenfield origination and site selection through construction and commercial operations. Its portfolio is integrated with energy storage and renewable energy development as part of Repsol Renewables North America.
Is ConnectGen a public or private company?
ConnectGen is a private company. It is classified as corporate owned and is currently acquired.
When was ConnectGen founded?
ConnectGen was founded in 2018. It employs 51 to 100 people.
Where is ConnectGen based?
ConnectGen is headquartered in Houston, United States, in the North America region.
Who are ConnectGen's main competitors?
Direct peers on record are Pattern Energy, Apex Clean Energy, Invenergy, NextEra Energy Resources, Longroad Energy, Clearway Energy, EDF Renewables North America, Avangrid Renewables, ENGIE North America and RWE Renewables Americas.
Does ConnectGen have an API?
No public API is recorded for ConnectGen.
What industry is ConnectGen in?
ConnectGen's product category is Onshore Wind Energy. Its primary akta.pro industry code is EUACAFAE, Wind Farm Development & Permitting (Greenfield/Brownfield), with a secondary code of EUACAFAA, Onshore Wind Power Generation (Utility-Scale). Its NAICS code is 221115.