US EcoGen
US EcoGen is a Florida-based independent power producer that develops, finances, owns, and operates biomass, solar, and offshore wind generating facilities, selling wholesale power to electric utilities under long-term Power Purchase Agreements in the Southeastern United States.
- Company typePrivate
- Founded2009
- HeadquartersJupiter, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What US EcoGen does
US EcoGen (U.S. EcoGen, LLC) is a privately-held Independent Power Producer founded in 2009 by William F. Quinn and headquartered in Jupiter, Florida. The company develops, finances, constructs, owns, and operates renewable electrical generating facilities—biomass, solar, and offshore wind—targeting electric utility customers in the Southeastern United States under long-term, competitively priced Power Purchase Agreements (PPAs). Core generation technology centers on a Standard Reference Plant Design using direct-fired bubbling fluidized bed biomass boilers coupled with steam turbines in a bottoming cycle, complemented by Hexicon's patented multi-turbine floating offshore wind platform (exclusively licensed to US EcoGen for North America) and utility-scale photovoltaic solar, including an 80 MW grid-connected facility.
The business model combines project development and asset ownership with vertical integration across the value chain. Wholly-owned subsidiaries US EcoGen Trading and US EcoGen Services internalize fuel/feedstock procurement, commodity and environmental attribute trading (RECs, RINs, Carbon Credits), and construction, asset management, and O&M services. A joint venture, Source Biomass, LLC with Florida compost leader Q2Earth, secures energy biomass supply and operates a recycling center at the Fort Meade site.
Go-to-market is enterprise field sales to electric utilities, with strategic capital partners Index Energy (equity/operational), Pareto Securities (mandated to arrange $350 million project financing for EcoGen Polk), and Corstone Capital (strategic advisor). The company is initially focused on the Southeastern U.S. and select international markets, with Florida specifically targeted because it represents less than 2% renewable generation despite the largest biomass resource base in the country. Current operational footprint is small (1–10 employees), reflecting a developer-led structure that scales through project finance rather than headcount.
US EcoGen firmographics
Firmographics- Name
- US EcoGen
- Legal name
- U.S. EcoGen, LLC
- Website
- https://usecogen.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- US EcoGen is a Florida-based independent power producer that develops, finances, owns, and operates biomass, solar, and offshore wind generating facilities, selling wholesale power to electric utilities under long-term Power Purchase Agreements in the Southeastern United States.
- Ownership category
- akta.pro rank
US EcoGen industry classification
Industry- Product category
- Independent Power Generation
- NAICS
- Biomass Electric Power Generation (221117), Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991), Engines & Turbines (3510)
- akta.pro primary industry
- Forestry & Wood Waste Biomass Power (Sawmill Residues, Black Liquor) (EUACAIAG)
Keywords
Where US EcoGen is headquartered
LocationHeadquarters
- HQ city
- Jupiter
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
US EcoGen business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Technology or R&D, Infrastructure, Operations, Personnel
Revenue model
- Wholesale Power Sales: US EcoGen develops, finances, constructs, owns and operates biomass, solar, and wind-powered electrical generating facilities. Revenue is generated through selling capacity and electrical energy at wholesale to electric utility customers under long-term, competitively priced Power Purchase Agreements (PPAs).
- Environmental Attribute Trading: US EcoGen Trading monetizes environmental attributes including Renewable Energy Credits (RECs), Renewable Identification Numbers (RINs), and Carbon Credits. Also trades around input commodities such as natural gas.
- Biomass Fuel Supply: Vertical integration into urban wood waste recycling center development, biomass sourcing, processing, transport and supply through US EcoGen Trading and Source Biomass JV.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels2 records
US EcoGen product offering
Product offeringCore offering
US EcoGen is an Independent Power Producer that develops, finances, constructs, owns, and operates biomass, solar, and wind-powered electrical generating facilities, timber plantations, and biomass recycling centers. The company sells capacity and electrical energy at wholesale to electric utility customers under long-term, competitively priced Power Purchase Agreements (PPAs), primarily in the Southeastern United States.
Product overview
US EcoGen is an Independent Power Producer that develops, finances, constructs, owns, and operates renewable energy facilities. The company's product portfolio consists of three core power generation offerings: US EcoGen Biomass Electrical Generating Facilities (using standard reference plant design with direct-fired bubbling fluidized bed technology), US EcoGen Wind (offshore wind projects using Hexicon's patented floating multi-turbine platform technology), and US EcoGen Solar (utility-scale photovoltaic projects including an 80 MW grid-connected facility). The company operates two vertically integrated subsidiaries—US EcoGen Trading (managing fuel supply, commodities trading, and environmental attribute monetization) and US EcoGen Services (providing construction management, asset management, and O&M services). Through a joint venture called Source Biomass, LLC with Q2Earth, the company also operates biomass recycling centers and eucalyptus plantations to ensure fuel supply independence.
Differentiator
Problem solved
Functional benefit
Brands
- US EcoGen Trading: Wholly owned subsidiary responsible for managing fuel supply for the US EcoGen portfolio of biomass facilities, trading around input commodities such as natural gas, and monetizing environmental attributes.
- US EcoGen Services
- US EcoGen Wind
- US EcoGen Solar
Products and services
- US EcoGen Biomass Electrical Generating Facilities
Companies that use US EcoGen
Customer profileSegments1 record
Ideal customer profiles2 records
US EcoGen technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
US EcoGen partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- HexiconcoreUS EcoGen Wind develops off-shore wind projects in partnership with Hexicon, a Swedish offshore wind technology company. US EcoGen Wind is Hexicon's exclusive partner to the patented multi-turbine floating platform technology to North America. Hexicon is deploying an initial demonstration platform in the North Sea under contract with the Scottish Government.
- Source Biomass, LLC (Joint Venture with Q2Earth)coreUS EcoGen Trading is in a Joint Venture called Source Biomass, LLC with Q2Earth, Florida's leading compost manufacturer, to source energy biomass synergistically with green waste for compost, including a recycling center at the Fort Meade site.
- Q2EarthcoreQ2Earth is Florida's leading compost manufacturer and joint venture partner with US EcoGen Trading in Source Biomass, LLC. The partnership enables synergistic sourcing of energy biomass with green waste for compost production.
Scale indicators4 records
Recent moves6 records
Expansion highlights7 records
US EcoGen competitors and assessment
Company assessmentOthers
- Hexicon AB: Swedish offshore wind technology company whose patented multi-turbine floating platform is exclusively licensed to US EcoGen for North America. Listed for context as the strategic technology partner whose U.S. commercialization path US EcoGen embodies.
Emerging players
- Valmet: Supplier of biomass-fired boiler and heat-and-power plant technology globally. Comparable as an enabling technology provider to biomass power projects similar to US EcoGen's standard reference plant design.
- Babcock & Wilcox Renewable: Supplies biomass-fired boiler and emissions-control technology used in biomass power plants. Adjacent technology peer relevant to US EcoGen's bubbling fluidized bed biomass plant designs.
Direct peers
- Apex Clean Energy: U.S.-focused independent renewable energy developer with utility-scale wind, solar, and storage projects. Comparable to US EcoGen as a privately-held, multi-technology renewable developer pursuing long-term utility PPAs.
- Leeward Renewable Energy: Developer, owner, and operator of utility-scale wind, solar, and storage projects in the U.S. Comparable as a private IPP with a diversified renewable generation portfolio and long-term PPA-driven revenue model.
- Clearway Energy: Owns and operates a contracted portfolio of renewable and conventional generation across the U.S., including biomass, solar, and wind. Closely comparable business model of long-term contracted renewable generation sold to utilities under PPAs.
- Pine Gate Renewables: Developer of utility-scale solar and storage projects across the U.S., including the Southeast. Directly comparable as a private IPP selling wholesale capacity and energy to utilities under long-term PPAs.
Regional players
- Enviva Partners: Largest global producer of wood pellets for energy from sustainable biomass, primarily serving European and Asian utility markets. Comparable as a biomass-fuel supply and project counterpart — Enviva's downstream offtake utilities overlap with US EcoGen's upstream fuel-supply chain.
Broad incumbents
- Engie North America: Subsidiary of global utility ENGIE with a large North American renewable generation portfolio including biomass, wind, solar, and storage. Comparable to US EcoGen as a multi-technology renewable IPP serving U.S. utility customers, but at vastly greater scale.
- EDF Renewables North America: Develops, builds, and operates utility-scale wind, solar, and storage projects across North America. Comparable as a diversified renewable IPP selling capacity to utilities, though much larger and more diversified than US EcoGen.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
US EcoGen social profiles
Digital presenceUS EcoGen financial estimates
Financial estimateRevenue estimate
Valuation estimate
US EcoGen leadership team
Management profileNumber of profiles
Profiles1 record
US EcoGen subsidiaries and ownership
Company hierarchySubsidiaries5 records
US EcoGen funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
US EcoGen 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 US EcoGen
What does US EcoGen do?
US EcoGen is an Independent Power Producer that develops, finances, constructs, owns, and operates biomass, solar, and wind-powered electrical generating facilities, timber plantations, and biomass recycling centers. The company sells capacity and electrical energy at wholesale to electric utility customers under long-term, competitively priced Power Purchase Agreements (PPAs), primarily in the Southeastern United States.
Is US EcoGen a public or private company?
US EcoGen is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was US EcoGen founded?
US EcoGen was founded in 2009. It employs 1 to 10 people.
Where is US EcoGen based?
US EcoGen is headquartered in Jupiter, United States, in the North America region.
How does US EcoGen make money?
Three revenue lines are on record. Wholesale Power Sales are the primary driver. The others are environmental Attribute Trading and biomass Fuel Supply.
Who are US EcoGen's main competitors?
Hexicon AB is listed as an others. Emerging players are Valmet and Babcock & Wilcox Renewable. Direct peers are Apex Clean Energy, Leeward Renewable Energy, Clearway Energy and Pine Gate Renewables. Enviva Partners is listed as a regional player. Broad incumbents are Engie North America and EDF Renewables North America.
Does US EcoGen have an API?
No public API is recorded for US EcoGen.
What industry is US EcoGen in?
US EcoGen's product category is Independent Power Generation. Its primary akta.pro industry code is EUACAIAG, Forestry & Wood Waste Biomass Power (Sawmill Residues, Black Liquor). Its NAICS code is 221117 and its SIC code is 4991.