Glidepath Power
GlidePath Power Solutions is a Chicago-based independent developer, owner, and operator of utility-scale battery energy storage and renewable projects, serving U.S. grid operators (ERCOT, PJM, NYISO), utilities, and government buyers across more than 20 states as a portfolio company of Quinbrook Infrastructure Partners.
- Company typePrivate
- Founded2014
- HeadquartersChicago, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Glidepath Power does
GlidePath Power Solutions LLC is a Chicago-based independent developer, owner, and operator of utility-scale battery energy storage systems (BESS) and renewable energy assets, founded in 2014 as a portfolio company of Quinbrook Infrastructure Partners. The company develops, finances, constructs, owns and operates standalone storage and solar-plus-storage projects ranging from roughly 10 MW to 50 MW across multiple U.S. organized wholesale markets — most notably ERCOT in Texas, PJM in Pennsylvania and Illinois, and NYISO in New York — serving regional grid operators, regulated utilities, and government buyers. GlidePath also holds a 25.56 MW solar asset in Guam under a long-term PPA with Guam Power Authority and operates a federal/defense energy subsidiary.
The company's core technology stack consists of utility-scale lithium-ion battery storage systems (LFP and NMC chemistries) paired with in-house AI-driven battery optimization and bidding tools that process market, grid and weather data to maximize revenue across multiple services markets (frequency regulation, reserves, capacity, energy arbitrage, ancillary services). Documented differentiators include AI algorithms tuned for ERCOT's specific market requirements, DC-DC converter-based chemistry-agnostic battery augmentation, and project-level integration expertise. The product portfolio includes the 50 MW Byrd Ranch BESS (Sweeny, TX), the 10 MW/10 MWh Prospect Energy Storage (ERCOT), the 18 MW Meyersdale, 20 MW Marengo, and 19.8 MW Jake and Elwood projects in PJM, the 40 MW McHenry project in Illinois, the 20 MW Lincoln Park Grid Support Center in New York, and the Dandan Solar Project in Guam.
GlidePath's business model operates across three revenue streams: (1) long-term ownership and operation of BESS assets earning capacity payments, energy market revenue, and ancillary services revenue in organized wholesale markets; (2) greenfield project development followed by occasional sale of completed projects to infrastructure investors (e.g., Jake/Elwood to RES Americas and McHenry to EDF Renewable Energy); and (3) acquisition and operation of existing renewable assets (e.g., the NRG-acquired Dandan Solar Project). The company goes to market through enterprise field sales targeting ISOs/RTOs, utilities, and state/federal agencies, with project structures ranging from state incentive contracts (NYSERDA) to merchant participation in wholesale markets, financed primarily through Quinbrook equity and non-recourse project debt.
Glidepath Power firmographics
Firmographics- Name
- Glidepath Power
- Legal name
- GlidePath Power Solutions LLC
- Website
- https://glidepath.net
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- GlidePath Power Solutions is a Chicago-based independent developer, owner, and operator of utility-scale battery energy storage and renewable projects, serving U.S. grid operators (ERCOT, PJM, NYISO), utilities, and government buyers across more than 20 states as a portfolio company of Quinbrook Infrastructure Partners.
- Ownership category
- akta.pro rank
Glidepath Power industry classification
Industry- Product category
- Utility-Scale Battery Energy Storage
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114), Electric Power Distribution (221122)
- 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), Ancillary Services Aggregation & Bidding Optimization (DER/VPP participation) (EUAFALAJ)
Keywords
Where Glidepath Power is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Glidepath Power business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Energy Storage Asset Ownership and Operation: GlidePath develops, constructs, owns, and operates utility-scale battery storage projects. Revenue is generated through capacity payments, energy market participation, and ancillary services (frequency regulation, reserves) in organized wholesale markets such as ERCOT and PJM. Some projects benefit from long-term revenue contracts.
- Greenfield Development and Project Sales: GlidePath develops greenfield energy storage projects from site selection through construction readiness, then may sell completed projects to infrastructure investors or operators (e.g., sale of Jake and Elwood projects to RES Americas).
- Acquisition of Operating Renewable Assets: GlidePath acquires and operates existing solar and storage projects (e.g., Dandan Solar Project in Guam), generating revenue through long-term power purchase agreements with utilities.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Glidepath Power product offering
Product offeringCore offering
GlidePath Power develops, constructs, owns, and operates utility-scale battery energy storage systems (BESS) and solar projects across the United States. The company delivers grid services such as frequency regulation, capacity, energy arbitrage, and ancillary services to organized wholesale markets including ERCOT, PJM, and NYISO. GlidePath also develops greenfield projects and may sell completed projects to infrastructure investors, and employs AI-driven battery optimization and bidding software to maximize revenue across multiple services markets.
Product overview
GlidePath Power Solutions is a leading independent developer and owner of advanced energy systems, specializing in battery storage and renewable energy projects. The company's portfolio consists of standalone battery storage projects (Byrd Ranch, Prospect Energy Storage, Meyersdale, Marengo, Jake, Elwood, McHenry) and solar assets (Dandan Solar Project). Operating across multiple ISOs including ERCOT, PJM, and NYISO, GlidePath develops, constructs, owns, and operates utility-scale battery storage facilities ranging from 10MW to 50MW, with projects providing grid support services such as frequency regulation, capacity, and ancillary services. The company also employs AI-driven optimization algorithms for battery operations and participates in wholesale energy markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Byrd Ranch Storage A 50 MW standalone battery energy storage system located in Sweeny, Texas, providing grid support to ERCOT during periods of grid stress and volatility using CATL lithium-ion battery cells and AI-driven optimization.
- Prospect Energy Storage A 10 MW/10 MWh utility-scale, distribution-connected standalone battery storage project serving the ERCOT market, one of the first merchant battery storage projects in Texas, using Powin Energy LFP battery systems.
- Meyersdale Energy Storage An 18 MW battery storage facility in Somerset County, Pennsylvania, serving the PJM regional grid for frequency regulation and ancillary services.
- Marengo Energy Storage A 20 MW greenfield battery storage project developed for the PJM frequency regulation market, in operation since 2018/2019.
- Jake Energy Storage A 19.8 MW battery storage project in Joliet, Illinois, developed for PJM's fast-response frequency regulation market, one of the first storage projects to use non-recourse debt financing.
- Elwood Energy Storage A battery storage project in West Chicago, Illinois, developed for PJM's fast-response frequency regulation market, the first storage project to use non-recourse debt financing.
- McHenry Energy Storage A 40 MW (20 MW nameplate) battery storage project in McHenry, Illinois, developed for the PJM frequency regulation market, constructed and operating since 2015.
- Dandan Solar Project A 25.56 MW solar project in Guam acquired from NRG Energy, operating under a long-term contract with Guam Power Authority to deliver renewable solar energy.
- Lincoln Park Grid Support Center A 20 MW battery energy storage project in Town of Ulster, New York, developed under NYSERDA's Bulk Energy Storage incentive program to support New York's 3,000 MW by 2030 storage target.
Quantifiable outcome
- Added 80 MW of fast-responding frequency regulation service in PJM starting 2015
- +2 more outcomes
Companies that use Glidepath Power
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Glidepath Power technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability2 records
Feature3 records
Glidepath Power partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Habitat EnergycoreHabitat Energy optimizes the Byrd Ranch 50 MW BESS project in Texas using its algorithmic optimization platform. Habitat Energy provides ongoing operational optimization services that maximize revenue across ERCOT's frequency response services (regulation reserve service and fast frequency response).
- Energy Storage Solutions ConsortiumminorGlidePath joined Meta, REsurety, Broad Reach Power, and other leading organizations to form the Energy Storage Solutions Consortium, aimed at creating an open-source, third-party-verified methodology to quantify GHG reduction benefits of grid-connected energy storage projects, to be approved by Verra's Verified Carbon Standard Program.
- RenewancecoreGlidePath partnered with Renewance, an industrial battery life cycle management company and Department of Energy Battery Recycling Prize winner, to advance battery recycling and repurposing for energy storage. GlidePath employs the Renewance Connect platform to manage its portfolio from top to bottom, streamline operations, reduce costs, and increase environmental sustainability. This is described as a shared vision and commitment to innovation partnership.
- NYSERDA (New York State Energy Research and Development Authority)coreGlidePath and NYSERDA announced a contract to build the Lincoln Park Grid Support Center, a 20 MW storage project in Town of Ulster, New York. The project is part of GlidePath's 1.6 GW storage pipeline and supports Governor Cuomo's nation-leading energy storage deployment target of 3,000 MW by 2030. GlidePath was among the first developers to meet requirements to be awarded incentives for 4 projects through New York's Bulk Energy Storage program.
- Powin EnergycorePowin Energy delivered a 10 MW/10 MWh lithium iron phosphate (LFP) battery storage system to GlidePath for the Prospect Storage project in ERCOT territory. Powin's Stack modular battery systems were deployed for use in utility-scale applications. The partnership provided the battery hardware and integration for GlidePath's merchant battery project in Texas.
- EDF Renewable EnergyminorEDF Renewable Energy acquired 100% interest in the McHenry Storage Project from GlidePath in Q1 2015. The 40 MW (20 MW nameplate) project in McHenry County, Illinois reached commercial operation in December 2015 and was EDF Group's first battery storage project in North America.
- RES Americas (Renewable Energy Systems Americas)minorRES Americas acquired two grid-scale energy storage projects (Jake and Elwood, each 19.8 MW/7.8 MWh) from GlidePath during the development phase in September 2014. RES Americas developed and constructed the projects, which became the largest fully commercial energy storage projects in North America at the time.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Glidepath Power competitors and assessment
Company assessmentDirect peers
- Plus Power: Independent developer and owner of utility-scale battery energy storage projects in U.S. ISO markets including ERCOT and CAISO. Directly comparable to GlidePath on asset ownership model, ISO market exposure, and project economics.
- Broad Reach Power: Houston-based independent BESS developer/owner with deep ERCOT exposure and a co-consortium partner with GlidePath in the Energy Storage Solutions Consortium. Competes head-to-head in ERCOT ancillary services markets.
- Key Capture Energy: U.S. standalone battery storage developer and operator focused on providing grid services in ERCOT, PJM, and NYISO. Closely comparable in scale and ISO strategy to GlidePath.
- esVolta: Independent developer, owner, and operator of utility-scale battery energy storage projects across U.S. wholesale markets. Comparable as a private BESS IPP competing for the same ISO contracts.
- Eolian Energy: Independent BESS developer with a heavy ERCOT focus, building and operating standalone storage assets delivering grid services. Direct head-to-head competitor in Texas.
- Fluence Energy: Public pure-play energy storage technology and IPP with global utility-scale BESS development. Competes with GlidePath in U.S. ISO markets and as a potential technology/integration partner.
Emerging players
- Form Energy: Developer of long-duration iron-air battery storage targeting multi-day grid storage applications. Comparable as a U.S.-focused storage developer addressing similar grid reliability and renewable integration use cases.
Broad incumbents
- Stem Inc. AI-driven energy storage and software provider with both C&I and utility-scale storage assets. Overlaps with GlidePath on AI-driven battery optimization and ancillary services bidding, though smaller average project size.
- Vistra Corp: Large integrated power company operating in ERCOT and other U.S. markets with significant utility-scale battery storage investments. Competes with GlidePath for ERCOT ancillary services revenues and project development.
- NextEra Energy Resources: Largest U.S. renewable energy and storage developer/owner with significant BESS pipeline across multiple ISOs. Provides scale-driven competitive pressure on standalone BESS developers like GlidePath.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Glidepath Power social profiles
Digital presenceGlidepath Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Glidepath Power leadership team
Management profileNumber of profiles
Profiles9 records
Glidepath Power funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Glidepath Power 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 Glidepath Power
What does Glidepath Power do?
GlidePath Power develops, constructs, owns, and operates utility-scale battery energy storage systems (BESS) and solar projects across the United States. The company delivers grid services such as frequency regulation, capacity, energy arbitrage, and ancillary services to organized wholesale markets including ERCOT, PJM, and NYISO. GlidePath also develops greenfield projects and may sell completed projects to infrastructure investors, and employs AI-driven battery optimization and bidding software to maximize revenue across multiple services markets.
Is Glidepath Power a public or private company?
Glidepath Power is a private company. It is classified as private equity controlled and is currently operating.
When was Glidepath Power founded?
Glidepath Power was founded in 2014. It employs 51 to 100 people.
Where is Glidepath Power based?
Glidepath Power is headquartered in Chicago, United States, in the North America region.
How does Glidepath Power make money?
Three revenue lines are on record. Energy Storage Asset Ownership and Operation is the primary driver. The others are greenfield Development and Project Sales and acquisition of Operating Renewable Assets.
Who are Glidepath Power's main competitors?
Direct peers on record are Plus Power, Broad Reach Power, Key Capture Energy, esVolta, Eolian Energy and Fluence Energy. Form Energy is listed as an emerging player. Broad incumbents are Stem Inc., Vistra Corp and NextEra Energy Resources.
Does Glidepath Power have an API?
No public API is recorded for Glidepath Power.
What industry is Glidepath Power in?
Glidepath Power's product category is Utility-Scale Battery Energy Storage. Its primary akta.pro industry code is EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer), with a secondary code of EUAFAAAI, BESS Financing, Insurance & Contracting (Tax Equity, PPA/Tolling, Warranties). Its NAICS code is 2211.