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Con Edison Clean Energy Businesses

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uuid0038f2z

Namestring
Con Edison Clean Energy Businesses
Legal namestring
Con Edison Clean Energy Businesses, Inc.
Websiteurl
conedceb.com
Company typeenum
Private
Founded yearint
2016
Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersValhalla, United States
HQ citystring
Valhalla
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
renewable energy generation, utility-scale wind power, solar energy infrastructure, battery energy storage, clean power production
Industry2 codes
1Renewable Energy Infrastructure
CodeFSAAAKAGPrimaryYes
2Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control)
CodeEUAMAIAIPrimaryNo
NAICS code3 codes
  • Wind Electric Power Generation221115
  • Solar Electric Power Generation221114
  • Electric Power Generation22111
SIC code2 codes
  • Electric Services4911
  • Engines & Turbines3510
Product category
Renewable Energy Generation
Cost components5 values
Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Con Edison Clean Energy Businesses operates, owns, and develops utility-scale renewable and energy infrastructure assets across the United States. Its portfolio spans onshore wind farms, solar photovoltaic power plants, and grid-scale battery energy storage systems, collectively delivering approximately 8 GW of operational clean energy capacity and supporting utilities and grid operators with renewable electricity supply.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Con Edison Clean Energy Businesses (CEB) operates as a portfolio of clean energy generation assets across the United States, providing utility-scale renewable energy production. Following its acquisition by RWE AG in March 2023, CEB contributes to RWE's operational capacity of 8 GW across three core product areas: onshore wind energy, solar energy, and battery energy storage systems (BESS). These assets collectively enable the generation, storage, and delivery of renewable electricity to utilities and grid operators.

Product and service3 records
1Onshore Wind Energy
CategoryRenewable Energy Generation
Description

Utility-scale onshore wind power generation assets providing clean electricity to the grid for utilities and wholesale electricity purchasers.

2Solar Energy
CategoryRenewable Energy Generation
Description

Utility-scale solar photovoltaic power generation assets operating across the United States, supplying renewable electricity to utilities and grid operators.

3Battery Energy Storage Systems (BESS)
CategoryEnergy Storage
Description

Grid-scale battery storage systems enabling energy storage, time-shifting, and dispatch capabilities for utilities, with a 476 MWh BESS purchase agreement renegotiated with a California utility.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Global utility-scale solar developer backed by bp with significant US operations. Comparable as a utility-scale renewables developer with a multinational parent and a US project pipeline that overlaps with Con Edison Clean Energy Businesses' market.

TypeEmerging player
Description

US-based developer of utility-scale solar and storage projects with a meaningful US development pipeline. Comparable as a US-focused renewables developer competing in the same utility RFP and storage procurement markets, though with a smaller operating fleet.

TypeDirect peer
Description

Yieldco focused on operating wind, solar, and battery storage assets across the US. Directly comparable in asset mix and customer profile (utility and corporate offtakers), with a heavier emphasis on contracted cash-flowing assets.

TypeDirect peer
Description

US subsidiary of EDF Renewables developing utility-scale wind, solar, and storage projects. Closely comparable to Con Edison Clean Energy Businesses as a foreign-parented US renewables platform competing in the same IPP market.

TypeDirect peer
Description

Privately held US-based developer and operator of utility-scale wind, solar, and storage projects. Comparable to Con Edison Clean Energy Businesses as a multi-technology, US-focused IPP serving utility and corporate offtakers with both greenfield development and operating assets.

TypeDirect peer
Description

Subsidiary of NextEra Energy and the largest US operator of wind, solar, and battery storage assets. Directly comparable to Con Edison Clean Energy Businesses in technology mix, scale, and target customers (utilities and corporate PPAs), and is the benchmark US renewables platform.

TypeDirect peer
Description

US arm of global utility ENGIE that develops and operates utility-scale wind, solar, and battery storage. Comparable in technology mix, offtake structure, and the role of a global parent backing US renewable infrastructure.

TypeEmerging player
Description

US-focused developer of utility-scale solar and battery storage projects. Comparable in target customers and product offering, though smaller in operating scale than Con Edison Clean Energy Businesses' 8 GW platform.

TypeDirect peer
Description

US renewables arm of Avangrid (Iberdrola), operating utility-scale wind and solar across the US. Comparable as a subsidiary of a global utility running a US wind/solar/storage portfolio and competing for similar utility RFPs.

TypeBroad incumbent
Description

Diversified US-based power company with significant utility-scale renewables and battery storage alongside conventional generation. Comparable as a competitor in US renewable IPP markets, but with a broader generation and customer-solutions portfolio beyond pure renewables.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment4 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Con Edison Clean Energy Businesses

Renewable Energy Generationconedceb.com

Con Edison Clean Energy Businesses firmographics

Firmographics
Name
Con Edison Clean Energy Businesses
Legal name
Con Edison Clean Energy Businesses, Inc.
Website
https://conedceb.com
Company type
Private
Founded year
2016
Operating status
Acquired
Headcount range
1–10 employees
Ownership category
akta.pro rank

Con Edison Clean Energy Businesses industry classification

Industry
Product category
Renewable Energy Generation
NAICS
Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Power Generation (22111)
SIC
Electric Services (4911), Engines & Turbines (3510)
akta.pro primary industry
Renewable Energy Infrastructure (FSAAAKAG)
akta.pro secondary industry
Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control) (EUAMAIAI)

Keywords

  • Renewable energy generation
  • Utility-scale wind power
  • Solar energy infrastructure
  • Battery energy storage
  • Clean power production

Where Con Edison Clean Energy Businesses is headquartered

Location

Headquarters

HQ city
Valhalla
HQ country
United States
HQ region
North America

Markets served

Con Edison Clean Energy Businesses business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D

Con Edison Clean Energy Businesses product offering

Product offering

Core offering

Con Edison Clean Energy Businesses operates, owns, and develops utility-scale renewable and energy infrastructure assets across the United States. Its portfolio spans onshore wind farms, solar photovoltaic power plants, and grid-scale battery energy storage systems, collectively delivering approximately 8 GW of operational clean energy capacity and supporting utilities and grid operators with renewable electricity supply.

Product overview

Con Edison Clean Energy Businesses (CEB) operates as a portfolio of clean energy generation assets across the United States, providing utility-scale renewable energy production. Following its acquisition by RWE AG in March 2023, CEB contributes to RWE's operational capacity of 8 GW across three core product areas: onshore wind energy, solar energy, and battery energy storage systems (BESS). These assets collectively enable the generation, storage, and delivery of renewable electricity to utilities and grid operators.

Differentiator

Problem solved

Functional benefit

Products and services

  • Onshore Wind Energy Utility-scale onshore wind power generation assets providing clean electricity to the grid for utilities and wholesale electricity purchasers.
  • Solar Energy Utility-scale solar photovoltaic power generation assets operating across the United States, supplying renewable electricity to utilities and grid operators.
  • Battery Energy Storage Systems (BESS) Grid-scale battery storage systems enabling energy storage, time-shifting, and dispatch capabilities for utilities, with a 476 MWh BESS purchase agreement renegotiated with a California utility.

Companies that use Con Edison Clean Energy Businesses

Customer profile

Ideal customer profiles1 record

Con Edison Clean Energy Businesses technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Con Edison Clean Energy Businesses partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves3 records

Expansion highlights4 records

Con Edison Clean Energy Businesses competitors and assessment

Company assessment

Direct peers

  • Lightsource bp: Global utility-scale solar developer backed by bp with significant US operations. Comparable as a utility-scale renewables developer with a multinational parent and a US project pipeline that overlaps with Con Edison Clean Energy Businesses' market.
  • Clearway Energy: Yieldco focused on operating wind, solar, and battery storage assets across the US. Directly comparable in asset mix and customer profile (utility and corporate offtakers), with a heavier emphasis on contracted cash-flowing assets.
  • EDF Renewables North America: US subsidiary of EDF Renewables developing utility-scale wind, solar, and storage projects. Closely comparable to Con Edison Clean Energy Businesses as a foreign-parented US renewables platform competing in the same IPP market.
  • Invenergy: Privately held US-based developer and operator of utility-scale wind, solar, and storage projects. Comparable to Con Edison Clean Energy Businesses as a multi-technology, US-focused IPP serving utility and corporate offtakers with both greenfield development and operating assets.
  • NextEra Energy Resources: Subsidiary of NextEra Energy and the largest US operator of wind, solar, and battery storage assets. Directly comparable to Con Edison Clean Energy Businesses in technology mix, scale, and target customers (utilities and corporate PPAs), and is the benchmark US renewables platform.
  • ENGIE North America: US arm of global utility ENGIE that develops and operates utility-scale wind, solar, and battery storage. Comparable in technology mix, offtake structure, and the role of a global parent backing US renewable infrastructure.
  • Avangrid Renewables: US renewables arm of Avangrid (Iberdrola), operating utility-scale wind and solar across the US. Comparable as a subsidiary of a global utility running a US wind/solar/storage portfolio and competing for similar utility RFPs.

Emerging players

  • Hecate Energy: US-based developer of utility-scale solar and storage projects with a meaningful US development pipeline. Comparable as a US-focused renewables developer competing in the same utility RFP and storage procurement markets, though with a smaller operating fleet.
  • Strata Clean Energy: US-focused developer of utility-scale solar and battery storage projects. Comparable in target customers and product offering, though smaller in operating scale than Con Edison Clean Energy Businesses' 8 GW platform.

Broad incumbents

  • AES Corporation: Diversified US-based power company with significant utility-scale renewables and battery storage alongside conventional generation. Comparable as a competitor in US renewable IPP markets, but with a broader generation and customer-solutions portfolio beyond pure renewables.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Con Edison Clean Energy Businesses social profiles

Digital presence

Con Edison Clean Energy Businesses financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Con Edison Clean Energy Businesses leadership team

Management profile

Number of profiles

Profiles2 records

Con Edison Clean Energy Businesses funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Con Edison Clean Energy Businesses M&A and investment

M&A and investment

M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Con Edison Clean Energy Businesses

What does Con Edison Clean Energy Businesses do?

Con Edison Clean Energy Businesses operates, owns, and develops utility-scale renewable and energy infrastructure assets across the United States. Its portfolio spans onshore wind farms, solar photovoltaic power plants, and grid-scale battery energy storage systems, collectively delivering approximately 8 GW of operational clean energy capacity and supporting utilities and grid operators with renewable electricity supply.

Is Con Edison Clean Energy Businesses a public or private company?

Con Edison Clean Energy Businesses is a private company. It is classified as corporate owned and is currently acquired.

When was Con Edison Clean Energy Businesses founded?

Con Edison Clean Energy Businesses was founded in 2016. It employs 1 to 10 people.

Where is Con Edison Clean Energy Businesses based?

Con Edison Clean Energy Businesses is headquartered in Valhalla, United States, in the North America region.

Who are Con Edison Clean Energy Businesses's main competitors?

Direct peers on record are Lightsource bp, Clearway Energy, EDF Renewables North America, Invenergy, NextEra Energy Resources, ENGIE North America and Avangrid Renewables. Emerging players are Hecate Energy and Strata Clean Energy. AES Corporation is listed as a broad incumbent.

Does Con Edison Clean Energy Businesses have an API?

No public API is recorded for Con Edison Clean Energy Businesses.

What industry is Con Edison Clean Energy Businesses in?

Con Edison Clean Energy Businesses's product category is Renewable Energy Generation. Its primary akta.pro industry code is FSAAAKAG, Renewable Energy Infrastructure, with a secondary code of EUAMAIAI, Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control). Its NAICS code is 221115 and its SIC code is 4911.

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Live signals
EIN PresswireEurope Renewable Energy Market Projected to Reach 2,540 GW by 2035, Growing at 7.9% CAGRThe Europe renewable energy market is projected to grow from 1,282 GW in 2026 to 2,540 GW by 2035, a 7.9% CAGR. Growth is driven by EU binding targets, declining technology costs, and corporate demand, with Germany leading at 24% capacity share and the Netherlands fastest-growing at 10.2% CAGR.openPR.comLeading Companies Fueling Growth and Innovation in the Green Power MarketThe green power market is projected to reach $213.89 billion by 2030, growing at a 16.5% CAGR, driven by renewable energy projects, decentralized generation, and digital energy management platforms. In March 2023, Germany-based RWE AG acquired Con Edison Clean Energy Businesses, Inc. from Consolidated Edison, Inc., boosting RWE's operational capacity to 8 GW across onshore wind, solar, and battery storage in the United States. Additionally, Emerson Electric Co. launched its Ovation Green renewable energy management software suite in February 2023, consolidating operational data from renewable assets into a unified platform.PR NewswireCON EDISON REPORTS 2022 THIRD QUARTER EARNINGSConsolidated Edison, Inc. reported a net income of $613 million for Q3 2022, an increase from $538 million in Q3 2021, with earnings per share rising to $1.73 from $1.52. The company is moving forward to sell its Clean Energy Businesses for $6.8 billion, which is expected to enable further investment in regulated utilities and debt repayment. Con Edison anticipates an adjusted earnings per share in the range of $4.50 to $4.60 for 2022, slightly above previous forecasts.PR NewswireCON EDISON REPORTS 2022 FIRST QUARTER EARNINGSConsolidated Edison, Inc. reported 2022 first quarter net income of $602 million, or $1.70 per share, up from $419 million, or $1.23 per share, in the same period in 2021, driven by higher gas rate base, the resumption of late payment charges, and a $37 million benefit from HLBV effects at its Clean Energy Businesses subsidiary. Adjusted earnings, which exclude HLBV accounting effects and mark-to-market impacts, were $522 million or $1.47 per share compared with $491 million or $1.44 per share in Q1 2021. The company reaffirmed its full-year 2022 adjusted earnings guidance of $4.40 to $4.60 per share and stated it is evaluating strategic alternatives for its Clean Energy Businesses, Inc. subsidiary.