What Enterprise Energy does

Enterprise Energy is a Minneapolis-headquartered, privately held developer of community-scale solar gardens and Battery Energy Storage Systems (BESS), founded in 2022 by Evan Carlson, formerly Chief Real Estate Officer at IPS Solar. The company develops, owns, and operates distributed clean energy assets — typically 1.5 MW to 7 MW community solar installations plus standalone storage — across 8 US states (Minnesota, Wisconsin, Illinois, New York, New Mexico, Delaware, Maryland, Virginia), with 50 MW+ of cumulative developed capacity and a current pipeline concentrated in Minnesota's LMI Accessible Community Solar Garden Program where it leads all developers at 43 MW DC across 9 approved projects. Its core technology stack is conventional but deliberately American-sourced: polycrystalline silicon solar panels, LFP-chemistry BESS, American steel I-beam footings rated for 150+ MPH winds (no concrete except for equipment pads), and either fixed-tilt or single-axis tracker racking.

The business model is multi-sided. On the supply side, Enterprise Energy signs 25-35 year land leases directly with landowners, positioning itself as a developer rather than a broker. On the demand side, it sells community solar subscriptions to homeowners, renters, businesses, schools, faith communities, and nonprofits, who receive utility bill credits worth 8-15% annual savings on electricity. A third revenue and capital layer is Reg CF crowdfunding on the Climatize platform, which has raised roughly $1M+ across three 2025 campaigns offering retail investors 9.5-11.25% annual interest over 2-3 year terms. Project finance is provided by community banks (MinnWest, Sunrise, MnCIFA), construction by Cedar Creek Energy, and workforce development by Native Sun Community Power Development. The company is intentionally small (1-10 employees) and does not disclose revenue.

Name

Enterprise Energy

Legal name

Enterprise Energy LLC

Website

https://enterpriseenergy.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Enterprise Energy is a Minneapolis-based developer of community-scale solar gardens and battery energy storage systems, serving landowners, community solar subscribers, and LMI households across 8 US states.

Ownership category

akta.pro rank

Product category

Community Solar Development

NAICS

Solar Electric Power Generation (221114)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)

akta.pro secondary industries

BESS Operations, Maintenance & Asset Performance Management (APM) (EUAFAAAG), Owner’s Engineering, Grid Interconnection & System Studies (PVsyst/Performance Modeling, Protection Studies) (EUACAGAG), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

Keywords

• Community solar development
• Battery energy storage
• Solar project development
• Land lease solar
• Renewable energy development

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Land Lease Payments: Enterprise Energy leases land from property owners for 25-35 year terms, providing steady, reliable income for landowners. The company examines properties remotely and conducts detailed lease agreement discussions.
2. Community Solar Bill Credits: Community solar gardens generate electricity that utilities credit to subscribers' bills. Subscribers save 8-15% annually on electricity costs while supporting local clean energy production.
3. Crowdfunding Investment Capital: Through partnership with Climatize, Enterprise Energy raises early-stage development capital via Regulation Crowdfunding campaigns, offering investors 9.5-11.25% annual interest rates over 2-3 year terms.
4. Project Development and Ownership: Enterprise Energy develops, owns, and operates community solar and battery storage projects, generating revenue through long-term power agreements and grid services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Enterprise Energy develops, owns, and operates community-scale solar power plants (Community Solar Gardens) and Battery Energy Storage Systems (BESS) across multiple US states. The company identifies suitable land through grid and policy analysis, negotiates 25-35 year land leases with property owners, manages full project development (interconnection, permitting, construction), and operates the assets to deliver electricity bill credits to community solar subscribers. They also raise project development capital through Regulation Crowdfunding campaigns on the Climatize platform.

Product overview

Enterprise Energy is a nationwide developer of community-scale solar (community solar gardens) and Battery Energy Storage Systems (BESS). The company operates a platform of interconnected services including developing community solar projects where subscribers can access clean energy savings, deploying battery storage for grid reliability, managing landowner partnerships for land leasing/sale, and facilitating investment through crowdfunding platforms. The core offering combines Community Solar Gardens and BESS to provide distributed, reliable clean energy infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Community Solar Gardens Shared solar programs where subscribers benefit from clean energy without installing panels on their own property. Land is leased, electricity is produced, and utilities issue bill credits that subscribers use to lower their electric bills (saving 8-15% annually).
• Battery Energy Storage Systems (BESS) Large-scale battery installations that store excess electricity and release it when needed, providing grid stability, reliability, and enabling more solar integration. Uses Lithium Iron Phosphate (LFP) chemistry.
• Community Solar Subscriptions Subscription service for homeowners, renters, businesses, schools, faith communities, and nonprofits to receive electricity bill credits and save 8-15% annually through community solar participation in utility service territories such as Xcel Energy.
• Landowner Partnership Program Property owner services enabling landowners to lease or sell land for solar and battery development, providing steady income and above-market returns for 25-35 years. Includes remote property evaluation, lease negotiation, and full development partnership.

Quantifiable outcome

• 8-15% annual electricity bill savings for subscribers
• +4 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Cedar Creek EnergycoreImplementation/ SI/ Consulting Partner · 19 May 2025Cedar Creek Energy serves as construction partner for Enterprise Energy's Minnesota community solar projects in Owatonna, Sartell (two projects), and Kasota, providing fully Minnesota-based project delivery.
• Native Sun Community Power DevelopmentcoreStrategic or Co-development Partner · 31 January 2025Native Sun Community Power Development is a Native-led nonprofit dedicated to promoting renewable energy, energy efficiency, and equitable energy transition through education and workforce training. Enterprise Energy partners with Native Sun to provide job opportunities to local and disadvantaged communities throughout Minneapolis. The partnership supports training cohorts conducting hands-on learning at Enterprise Energy project sites, preparing the next generation of clean-energy leaders. Native Sun founder Bob Blake (Red Lake Nation) presented CEO Eric Pasi with a Thunderbird medallion symbolizing the partnership relationship.
• MNSEIAminorOthersMinnesota Solar Energy Industries Association - industry trade organization membership supporting Minnesota's solar industry development.
• SEIAminorOthersSolar Energy Industries Association - national industry trade organization membership supporting solar industry development.
• CCSA (Coalition for Community Solar Access)minorOthersCoalition for Community Solar Access - national organization advocating for community solar access and industry standards.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Nexamp: One of the largest US community solar developers, operating hundreds of projects across more than a dozen states. Direct competitor for community solar subscriber pools, project siting, and LMI program capacity in the same Northeast and Midwest geographies.
• Pivot Energy: Community solar developer with a strong subscriber-acquisition and distributed-generation model across multiple states. Directly comparable GTM and competitive for community solar subscriber pools and project development pipelines.
• ForeFront Power: Developer of distributed solar, storage, and community solar projects with active operations in multiple US states. Competes for the same developer-driven community solar and BESS opportunities and landowner partnerships.
• IPS Solar: Minnesota-based community solar developer and previous employer of Enterprise Energy's CEO and founder. Closest direct geographic and operational peer; competes for the same Minnesota landowner relationships, Xcel Energy territory subscribers, and LMI program approvals.
• Clean Energy Collective (Clean Energy Services): Pioneer in community solar garden development and subscription management. Comparable business model of developing, owning, and operating community solar gardens with utility bill credit subscriptions to residents and businesses.
• Nautilus Solar Energy: Community solar developer and owner-operator with geographically diversified portfolio across the US. Comparable scale and subscriber-based business model targeting the same distributed solar opportunity set.
• US Solar Development: Mid-sized US community and utility-scale solar developer active in the Midwest and Mid-Atlantic. Comparable in scale and project economics, with overlap in Minnesota and surrounding states where Enterprise Energy is active.

Broad incumbents

• Engie Distributed Solar: Large multinational IPP's distributed solar arm with active community solar portfolio. Represents the well-capitalized incumbent competitive threat that can outbid smaller developers on project acquisitions and PPA terms.
• Cedar Creek Energy: Minnesota-based solar EPC and developer that is Enterprise Energy's construction partner but also operates its own community solar pipeline. Adjacent competitor as both a partner and potential rival for Minnesota projects.

Others

• Climatize: Climate-focused crowdfunding platform and Enterprise Energy's capital-raising partner. Not a competitor but an ecosystem enabler whose platform conditions (caps, interest rates, investor demand) directly shape Enterprise Energy's funding economics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds3 records

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 Enterprise Energy