Natural Forces
Natural Forces is a private independent power producer developing, owning, and operating wind, solar, and hydro projects across Canada, Ireland, and France in equity partnerships with Indigenous and local communities, selling electricity to utilities via long-term PPAs.
- Company typePrivate
- Founded2001
- HeadquartersHalifax, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Natural Forces does
Natural Forces is a private independent power producer, founded in 2001 and headquartered in Halifax, Nova Scotia, that develops, constructs, owns, and operates renewable energy projects across Canada, Ireland, and France. Its portfolio spans wind, solar, and hydropower assets, with approximately 300 MW currently in operation and a cumulative output of 2,174,404 MWh reported on its Canadian site. The company runs an in-house team covering site selection, development, financing, construction, operations, and asset management, with senior management citing over 70 years of combined renewable energy experience across Canada, Ireland, Poland, the UK, and Australia.
The defining feature of the business is a community equity-partnership model: rather than land leases alone, Natural Forces establishes true co-ownership structures with local and Indigenous communities. Named partners include Tobique First Nation (Neqotkuk), the Mi'gmaq United Investment Network (MUIN), Wskijnu'k Mtmo'taqnuow Agency Ltd (representing 13 Mi'kmaw bands in Nova Scotia), Lennox Island First Nation, Saulteau First Nation, West Moberly First Nation, and Pictou Landing First Nation. This model provides community partners with ownership stakes, long-term revenue streams, green-energy jobs, and clean power, positioning the company as a vehicle for Indigenous economic reconciliation and local development.
Revenue is generated through long-term power purchase agreements (PPAs) with provincial and municipal utilities—including NB Power, BC Hydro, Saint John Energy, and Nova Scotia Power—won through competitive procurement programs such as the Nova Scotia Green Choice Program and NB Power RFPs. No end-consumer pricing is disclosed; contracting occurs at the utility level. The company retains long-term ownership in its projects and operates as an independent entity with 11–50 employees, no disclosed external funding rounds, and no parent company, supported by regional offices in Chetwynd (BC), Quispamsis (NB), Dublin (Ireland), and Nantes (France).
Natural Forces firmographics
Firmographics- Name
- Natural Forces
- Legal name
- Natural Forces
- Website
- https://naturalforces.ca
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Natural Forces is a private independent power producer developing, owning, and operating wind, solar, and hydro projects across Canada, Ireland, and France in equity partnerships with Indigenous and local communities, selling electricity to utilities via long-term PPAs.
- Ownership category
- akta.pro rank
Natural Forces industry classification
Industry- Product category
- Renewable Energy / Independent Power Production
- NAICS
- Wind Electric Power Generation (221115), Electric Power Generation (22111), Hydroelectric Power Generation (221111), Solar Electric Power Generation (221114)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Contracted Wind Power Generation (PPA/CFD/FiT-backed) (EUACAFAJ)
- akta.pro secondary industries
- Hydropower Plant Development & Permitting (Greenfield/Brownfield) (EUACAEAE), Utility-Scale Generator PPAs (Project Offtake) (EUAGADAB)
Keywords
Where Natural Forces is headquartered
LocationHeadquarters
- HQ city
- Halifax
- HQ country
- Canada
- HQ region
- North America
Offices5 records
Markets served
Natural Forces business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D
Revenue model
- Electricity Generation and Sales: Natural Forces generates revenue by developing, constructing, owning, and operating renewable energy projects (wind, solar, hydropower). Revenue is generated through power purchase agreements (PPAs) with utilities like NB Power, BC Hydro, and others. The company retains ownership in projects long-term and provides stable revenue streams to community and Indigenous partners.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Natural Forces product offering
Product offeringCore offering
Natural Forces is a private independent power producer that develops, constructs, owns, and operates renewable energy projects (wind, solar, and hydropower) in partnership with local communities and First Nations across Canada, Ireland, and France. The company sells the electricity it generates through long-term Power Purchase Agreements (PPAs) with provincial and municipal utilities such as NB Power, BC Hydro, and Saint John Energy. It operates approximately 300 MW of renewable energy projects in operation and retains ownership in projects long-term alongside its community partners.
Product overview
Natural Forces is a private independent power producer that delivers renewable energy projects in partnership with local communities across Canada, Ireland and France. The company operates a portfolio of wind, solar, and hydropower projects with approximately 300 MW of renewable energy currently in operation. Their business model centers on true equity partnerships with communities to develop, construct, own, and operate renewable energy projects, providing stable long-term revenue streams while delivering green energy jobs and clean power to local grids.
Differentiator
Problem solved
Functional benefit
Products and services
- Wind Energy Projects
Quantifiable outcome
- Approximately 300 MW of renewable energy projects currently in operation
- +2 more outcomes
Companies that use Natural Forces
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Natural Forces technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Natural Forces partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Mi'gmaq United Investment Network (MUIN)corePartnership for Neweg Energy Project (Phase II of Wocawson). MUIN was created by Mi'gmaq First Nations in New Brunswick as a profit-sharing entity to explore economic opportunities, investments, and partnerships for Mi'gmaq communities and their members. Power purchase contract signed January 2024.
- Tobique First Nation (Neqotkuk)corePartnership for development, construction, operation, and ownership of the Kci-Wocawson Energy Project. Tobique First Nation, with population of approximately 2500, is the largest Maliseet community. Partnership aims to generate energy that is renewable, with minimal environmental damage, proper regulation, First Nation ownership and economic viability.
- Wskijnu'k Mtmo'taqnuow Agency LtdcoreCorporate body wholly owned by the 13 Mi'kmaw bands in Nova Scotia. Partnership for Benjamins Mill Wind Project - together the partnership develops, constructs, operates, and owns the project.
- RMS EnergycoreFull service wind turbine maintenance company based in Nova Scotia. Partnership for Clydesdale Ridge Wind Project. RMS Energy oversees development, construction, management, and operations including maintenance of large scale and community-based projects. Also operates Dalhousie Mountain Wind Farm.
- Lennox Island First NationcorePartnership for Glenfanning Wind Project in Prince Edward Island. Project to have installed capacity of up to approximately 35 MW.
- Saulteau First NationcorePartnership through Sukunka Wind Project Limited Partnership for Sukunka Wind Energy Project in British Columbia. Project has installed capacity of 15 MW, 4 turbines.
- West Moberly First NationcorePartnership through Zonnebeke Wind Project Limited Partnership. Project has installed capacity of 15 MW, 4 turbines, commissioned by BC Hydro April 1st, 2021.
- Saint John EnergycoreWorking with Saint John Energy as both interconnection partner and buyer of energy produced by Burchill Wind Project located near Saint John.
- Pictou Landing First NationcorePartnership for community wind projects. Chief Andrea Pictou stated: 'This project is a great economic initiative for our community and an environmentally friendly source of energy.'
- Assante Capital Management LtdminorWealth management firm that partnered on CEDIF (Community Economic Development Investment Fund) raise, bringing sound business opportunity to Nova Scotians coupled with tax planning tools.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Natural Forces competitors and assessment
Company assessmentDirect peers
- Innergex Renewable Energy: Innergex is a Canadian renewable energy IPP operating hydro, wind, and solar facilities across Canada, the US, France, and Chile under long-term PPAs with utilities. It shares Natural Forces' focus on contracted renewable generation, multi-technology portfolio, and transatlantic footprint, including a meaningful presence in France.
- Northland Power: Northland Power is a Canadian IPP with operating and development wind, solar, and natural gas assets across Canada, the US, Latin America, and Europe. Its portfolio of utility-scale wind projects contracted under long-term PPAs makes it a direct structural peer to Natural Forces' onshore wind and PPA-driven model.
- Boralex: Boralex is a Canadian-headquartered independent power producer with operating wind, solar, and hydro assets across Canada, France, the US, and the UK. Like Natural Forces, Boralex develops, constructs, and operates community-adjacent renewable projects under long-term PPAs, making it the closest large-cap comparable for the company's multi-technology, multi-country IPP model.
- Renewable Energy Systems (RES): RES is a global renewable energy developer, constructor, and operator with utility-scale wind, solar, and storage projects across North America, Europe, and Australia. Like Natural Forces, RES takes a full-lifecycle approach to renewable projects from development through operations and frequently partners with communities and landowners on project equity.
- Cordelio Power: Cordelio Power is a Canadian renewable energy developer and operator focused on utility-scale wind and solar projects across Canada and the US under long-term PPAs. Its developer/owner/operator business model and Canadian focus make it a closely comparable mid-sized peer to Natural Forces.
- Algonquin Power & Utilities: Algonquin (Liberty Power, formerly) operated a renewable energy generation business with wind, solar, and hydro assets across North America under long-term PPAs before its divestiture. Its renewable generation portfolio was directly comparable in scale and PPA structure to Natural Forces' operating asset base.
Broad incumbents
- Capital Power: Capital Power is a Canadian-headquartered power producer with a growing renewable generation platform (wind and solar) alongside its conventional generation fleet. While broader than Natural Forces due to its conventional assets, its Canadian wind and solar development activity places it in direct competition for provincial renewable RFPs.
- Iberdrola (via Avangrid / Iberdrola Renewables): Iberdrola is one of the world's largest renewable energy developers and operators with wind, solar, and hydro assets globally, including a strong presence in Canada and Europe through Avangrid. It competes with Natural Forces for utility-scale wind PPA awards but operates at a vastly larger scale and capital base.
- EDF Renewables: EDF Renewables is the global renewable arm of EDF, operating utility-scale wind, solar, and storage projects across North America and Europe under long-term PPAs. It competes with Natural Forces in both Canadian and French procurement processes but at significantly greater scale and balance-sheet capacity.
- Enel Green Power: Enel Green Power operates a global portfolio of wind, solar, geothermal, and hydro assets across the Americas and Europe under long-term PPAs. As a major European-headquartered utility-scale renewable developer, it competes with Natural Forces in French and broader European renewable markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Natural Forces social profiles
Digital presenceNatural Forces financial estimates
Financial estimateRevenue estimate
Valuation estimate
Natural Forces leadership team
Management profileNumber of profiles
Natural Forces funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Natural Forces 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 Natural Forces
What does Natural Forces do?
Natural Forces is a private independent power producer that develops, constructs, owns, and operates renewable energy projects (wind, solar, and hydropower) in partnership with local communities and First Nations across Canada, Ireland, and France. The company sells the electricity it generates through long-term Power Purchase Agreements (PPAs) with provincial and municipal utilities such as NB Power, BC Hydro, and Saint John Energy. It operates approximately 300 MW of renewable energy projects in operation and retains ownership in projects long-term alongside its community partners.
Is Natural Forces a public or private company?
Natural Forces is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Natural Forces founded?
Natural Forces was founded in 2001. It employs 11 to 50 people.
Where is Natural Forces based?
Natural Forces is headquartered in Halifax, Canada, in the North America region.
How does Natural Forces make money?
One revenue line is on record: electricity Generation and Sales.
Who are Natural Forces's main competitors?
Direct peers on record are Innergex Renewable Energy, Northland Power, Boralex, Renewable Energy Systems (RES), Cordelio Power and Algonquin Power & Utilities. Broad incumbents are Capital Power, Iberdrola (via Avangrid / Iberdrola Renewables), EDF Renewables and Enel Green Power.
Does Natural Forces have an API?
No public API is recorded for Natural Forces.
What industry is Natural Forces in?
Natural Forces's product category is Renewable Energy / Independent Power Production. Its primary akta.pro industry code is EUACAFAJ, Contracted Wind Power Generation (PPA/CFD/FiT-backed), with a secondary code of EUACAEAE, Hydropower Plant Development & Permitting (Greenfield/Brownfield). Its NAICS code is 221115 and its SIC code is 4991.