What Con Edison Development does

Con Edison Development is a US-based renewable energy infrastructure company specializing in the development and installation of solar, wind, and energy storage projects. Founded in 1996 and headquartered in Valhalla, New York, the company operates as a subsidiary or affiliate within the Consolidated Edison (Con Edison) corporate group, one of the largest investor-owned utilities in the United States. With a workforce of 251–500 employees, it functions as an in-house renewable energy development arm, leveraging the parent's regulated utility franchise, grid interconnection assets, and balance sheet to develop utility-scale clean energy infrastructure.

The company's core activity is project development and installation across solar generation, wind generation, and battery energy storage. As a subsidiary entity, its business model is not fully visible in the available data: revenue mechanics likely span project development fees, engineering/procurement/construction (EPC) contracts, project ownership and power sales, and possibly asset management services for an installed portfolio. A dedicated asset management directorship (Aude Schwarzkopf, Director, Asset Management) indicates the company operates and manages a portfolio of long-lived renewable energy assets in addition to developing new projects. Customer segmentation is not disclosed, but counterparties likely include the parent utility, commercial and industrial offtakers, and wholesale electricity markets in the Northeast.

The available source material is sparse regarding pricing, go-to-market motion, customer logos, technology stack, certifications, partnerships, and financial performance. The corporate website (coneddev.com) appears to be a parked domain with no active content beyond a privacy preference link. No revenue figures, project pipeline disclosures, or recent strategic announcements are present. Consequently, any operational or financial conclusions beyond the basic profile must be treated as low-confidence inferences from the parent group context.

Name

Con Edison Development

Website

https://coneddev.com

Company type

Private

Founded year

1996

Headcount range

251–500 employees

Short description

Con Edison Development is a US-based renewable energy infrastructure developer and installer focused on solar, wind, and energy storage projects, operating as a subsidiary of Consolidated Edison (Con Edison) and headquartered in Valhalla, New York.

Ownership category

akta.pro rank

Product category

Renewable Energy Development and Utility-Scale Power Generation

NAICS

Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211), Other Electric Power Generation (221118)

SIC

Cogeneration Services & Small Power Producers (4991), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Resource Assessment & Yield Optimization (Solar/Wind/Hydro/Geo Studies, Met Masts, GIS) (EUAMAAAH)

akta.pro secondary industries

Utility-Scale PV Project Development & Permitting (EUACAGAA), Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control) (EUAMAIAI), Greenfield Plant & Facility Commissioning (New Builds) (EUAEAJAA)

Keywords

• Renewable energy development
• Solar project installation
• Wind energy infrastructure
• Energy storage systems
• Utility-scale power

Headquarters

HQ city

Valhalla

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Supply Chain, Others

Core offering

Con Edison Development is a utilities and energy infrastructure company that develops, installs, and manages renewable energy projects including solar photovoltaic, wind, and energy storage systems. It operates as a subsidiary within the Consolidated Edison (Con Edison) corporate group, focusing on clean energy generation assets that support the parent utility's grid and decarbonization strategy.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar Energy Project Development and Installation

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights3 records

Direct peers

• NextEra Energy Resources: NextEra Energy Resources is the world's largest generator of wind and solar energy and a wholly owned subsidiary of NextEra Energy. It directly competes with Con Edison Development in developing, constructing, and operating utility-scale solar, wind, and storage projects across the US, including the Northeast.
• EDF Renewables North America: EDF Renewables is a major utility-affiliated developer of wind, solar, and storage projects across North America. It competes directly with Con Edison Development for utility-scale renewable development opportunities and is comparable as a subsidiary-led renewable IPP.
• Clearway Energy Group: Clearway Energy Group owns and operates a large portfolio of utility-scale wind, solar, and energy storage assets across the US. It is a directly comparable renewable IPP with overlapping technology, customer, and business model focus.
• Invenergy: Invenergy is a leading privately held US developer, owner, and operator of wind, solar, and storage projects. It competes head-to-head with Con Edison Development for utility-scale renewable sites, interconnection capacity, and offtake contracts in the Northeast and broader US.
• Lightsource BP: Lightsource BP is a global utility-scale solar developer and operator with a growing US business. It directly competes with Con Edison Development for solar and storage project sites and PPAs in the Northeast and across the US.
• Avangrid Renewables: Avangrid Renewables, part of Avangrid (majority-owned by Iberdrola), develops and operates wind, solar, and storage projects in the US. Like Con Edison Development, it is a regulated-utility-affiliated renewable IPP and competes for the same Northeast and US-wide opportunities.
• ENGIE North America: ENGIE North America develops, builds, and operates renewable energy and storage projects in the US, with a substantial footprint in New York. It is a directly comparable utility-adjacent renewable developer competing for the same projects as Con Edison Development.

Broad incumbents

• Eversource Energy: Eversource Energy is a large Northeast-focused regulated utility that also invests in renewable energy and transmission projects. It is comparable as a utility incumbent with adjacent clean-energy development, particularly in the same Northeast geographies as Con Edison Development.
• AES Corporation: AES is a global diversified power generation and utility company with significant US renewable and storage development. It is a broad incumbent with overlapping utility-scale renewables, comparable to Con Edison Development in technology and customer focus.

Regional players

• National Grid US: National Grid is a UK-listed utility with substantial regulated US operations in New York and New England. While primarily a T&D operator, it participates in renewable energy procurement and grid integration programs in the same Northeast markets as Con Edison Development.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Con Edison Development