Balanced Rock Power

What Balanced Rock Power does

Balanced Rock Power is a privately-held energy infrastructure developer founded in 2021 and headquartered in Moab, Utah. The company develops utility-scale solar and battery energy storage system (BESS) projects across ten Western US states, managing the full development lifecycle from land origination through commercial operation. Its product offering is project development services rather than a software or hardware platform: Balanced Rock secures long-term real estate agreements with landowners, navigates interconnection and permitting, and delivers either completed projects to larger operators or operates them under long-term tolling agreements with utilities, digital infrastructure companies, and advanced manufacturing customers. Core technology is described as technology-agnostic, relying on tier-1 components, with engineering, interconnection, and development expertise serving as the primary value drivers rather than proprietary hardware or software.

The business model is structured around project-based revenue: developers either sell completed, shovel-ready projects to operators such as GridStor or monetize assets via long-dated tolling agreements with utility and enterprise off-takers. Pricing is negotiated per project and not publicly disclosed. The customer base is enterprise-only and concentrated in three segments: traditional utilities, digital infrastructure operators, and advanced manufacturers, all of which require large volumes of reliable, affordable electricity to support AI compute loads, electrification, and industrial expansion. A disclosed transaction is the 300-MWh Hidalgo County, Texas BESS project acquired by GridStor under a tolling agreement with a Fortune 500 counterparty.

The company is led by four co-founder principals (John Knight as CEO, Dana Diller as CCO, Grant Keefe as CFO, and Eric Hafner as COO) and operates with roughly 50 employees distributed across Utah, Arizona, Colorado, Texas, and the broader Western US. Senior leadership includes VPs of Origination, Interconnection, Finance, Operations, and Development, plus functional directors in business development, human resources, and accounting. The team is described as bringing decades of energy industry experience, including prior tenures at energy startups that were acquired by larger developers, providing acquisition-integration expertise. No external private equity or venture capital investors have been disclosed, and ownership is concentrated among the four founding principals.

Name

Balanced Rock Power

Legal name

Balanced Rock Power

Website

https://balancedrockpower.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Balanced Rock Power is a privately-held energy infrastructure developer that originates, develops, and delivers utility-scale solar and battery energy storage projects to utilities, digital infrastructure companies, and advanced manufacturers across ten Western US states.

Ownership category

akta.pro rank

Product category

Renewable Energy Infrastructure Development

NAICS

Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric & Other Services Combined (4931)

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), BESS Operations, Maintenance & Asset Performance Management (APM) (EUAFAAAG)

Keywords

• Solar energy development
• Battery energy storage
• Utility-scale infrastructure
• Renewable energy projects
• Energy project development

Headquarters

HQ city

Moab

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Project Development: Develops energy infrastructure projects (solar, storage, potentially other generation) and either sells completed projects or secures tolling agreements with utilities and large load customers. Revenue derived from project development fees, land lease arrangements with landowners, and long-term power purchase or tolling agreements with customers.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Balanced Rock Power is an energy infrastructure developer that originates, develops, and delivers utility-scale solar and battery energy storage system (BESS) projects across the Western United States. The company manages the full project lifecycle from land origination and landowner agreements through commercial operation, either selling completed projects to larger operators or operating them under long-term tolling agreements with utilities and large load customers.

Product overview

Balanced Rock Power is an energy infrastructure developer offering a unified development service that spans the full project lifecycle from land origination through commercial operation. The company develops energy projects—primarily utility-scale solar and battery energy storage systems (BESS)—across the Western United States. Rather than a platform-plus-modules architecture, the company operates as a project developer delivering development services to utilities, digital infrastructure companies, and advanced manufacturing customers. The Hidalgo County BESS project represents a completed development effort that was transferred to GridStor for construction and operation, demonstrating the company's project development and exit model.

Differentiator

Problem solved

Functional benefit

Products and services

• Hidalgo County BESS Project

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• GridStorminorOthers · 18 December 2025GridStor acquired a 300-MWh battery energy storage system (BESS) facility in Hidalgo County, Texas from Balanced Rock Power. The project was developed by BRP and then sold/transferred to GridStor for construction and operation under a tolling agreement with a Fortune 500 counterparty.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• GridStor: GridStor is a US BESS developer and operator that acquired BRP's 300-MWh Hidalgo County project. Both firms develop, finance, and own utility-scale storage in the Western US and ERCOT, targeting similar utility, data center, and large-load offtakers.
• Plus Power: Plus Power is a leading independent BESS developer/owner operating utility-scale systems across multiple US ISOs. It shares BRP's focus on standalone storage projects sold to or contracted with large offtakers.
• Jupiter Power: Jupiter Power develops, owns, and operates utility-scale battery energy storage projects across the US. It is comparable to BRP as a competing BESS developer pursuing PPA/tolling structures with utilities and large customers.
• Avantus (formerly 8minute Solar Energy): Avantus is a large-scale solar and storage developer with deep Western US exposure. It is comparable to BRP for project origination, development, and sale/financing of utility-scale renewable and storage assets in overlapping geographies.
• 174 Power Global: 174 Power Global is a Hanwha-affiliated solar and storage developer with a substantial US pipeline. It overlaps with BRP in utility-scale development, large-load offtakes, and Western US/ERCOT geographies.
• Arevon Energy: Arevon Energy is a US renewable energy and storage developer and operator with a multi-gigawatt pipeline. Comparable to BRP in developing utility-scale solar and BESS projects for utility and C&I offtakers.
• Origis Energy: Origis Energy develops, finances, and operates utility-scale solar and storage projects across the US and internationally. Comparable to BRP in greenfield development, project sales, and long-term offtake contracting.
• Eolian: Eolian is a renewable energy and storage development platform with a US pipeline across multiple ISOs. Comparable to BRP as a developer originating and advancing projects toward sale or long-term contracted operation.
• Apex Clean Energy: Apex Clean Energy is a US wind, solar, and storage developer with a multi-gigawatt pipeline and strong Western US presence. Comparable to BRP in greenfield origination, development, and sale of utility-scale projects.

Broad incumbents

• Clearway Energy: Clearway Energy is a publicly traded renewable and storage IPP with operating and development assets across the US. It overlaps with BRP as both a developer/owner and a likely buyer of utility-scale storage projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Balanced-Rock-Power-108876328517174
• LinkedInlinkedin.com/company/balanced-rock-power
• Instagraminstagram.com/balancedrockpower

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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 Balanced Rock Power