What Clearlight Energy does

Clearlight Energy is a private, North American utility-scale renewable energy developer, owner, and operator formed in 2025 as an LS Power portfolio company. The company was created when LS Power acquired the Liberty Power business from Algonquin Power & Utilities Corp., inheriting a 3 GW portfolio of operating wind, solar, battery energy storage systems (BESS), and renewable natural gas (RNG) assets, plus a 1.2 GW development pipeline; a subsequent acquisition of a 1.3 GW portfolio of operational U.S. wind projects brought the operating portfolio to 4.3 GW across 54 assets spanning 18 U.S. states and 4 Canadian provinces. Clearlight's technology stack centers on utility-scale generation and storage infrastructure rather than proprietary software or differentiated hardware — wind turbines, solar PV arrays, BESS for grid stability and time-shifting, and anaerobic digestion of dairy manure for RNG — with the company functioning as asset owner, developer, and operator across the full project lifecycle.

Clearlight monetizes its generation primarily through long-term Power Purchase Agreements (PPAs) with electric utilities and grid operators, complemented by capacity payments and grid services revenue from its storage assets. Its go-to-market is enterprise field sales targeting utilities, grid operators, communities, municipalities, and large commercial and industrial energy consumers, with a secondary channel through Indigenous community co-development partnerships in Canada. The customer base is concentrated among regulated utilities and ISOs/RTOs, with no public disclosure of named counterparties or contract terms. Clearlight's headcount of 51–100 employees is notably lean relative to its 4.3 GW operating base, suggesting heavy reliance on inherited O&M contracts and LS Power shared services.

The company is led by CEO Carolyne Murff (formerly COO of REV Renewables and 17-year LS Power veteran) and CFO Matt Mitchell (formerly Managing Director at LS Power), both appointed January 24, 2026, and operates from Oakville, Ontario. Clearlight holds no patents, has no disclosed AI products, and competes against larger North American IPPs on operational scale, capital access through LS Power, and a diversified multi-technology, multi-jurisdiction footprint.

Name

Clearlight Energy

Legal name

Clearlight Energy, ULC

Website

https://clearlightenergy.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

51–100 employees

Short description

Clearlight Energy is a private LS Power portfolio company that owns, develops, and operates 4.3 GW of utility-scale wind, solar, battery storage, and renewable natural gas assets across North America, selling power primarily to utilities and grid operators under PPAs.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation and Storage

NAICS

Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Hybrid Wind Power Plants (Wind+Solar+Storage Co-located) (EUACAFAH)

akta.pro secondary industries

Renewable Grid Interconnection & Collector Systems (Solar/Wind) (IMAFAHAD), Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage) (IMAFADAD), Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE)

Keywords

• Utility-scale renewable energy
• Wind power generation
• Solar power projects
• Battery energy storage
• Renewable natural gas

Headquarters

HQ city

Oakville

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electricity Generation and Sales: Clearlight Energy generates revenue through the sale of electricity produced from its portfolio of wind, solar, BESS, and RNG assets. Revenue is derived from power purchase agreements (PPAs) with utilities, direct electricity sales to grid operators, and capacity payments for grid reliability services. The company operates as both an asset owner/operator and developer of renewable energy projects.

Go-to-market motion1 record

Distribution channels3 records

Core offering

Clearlight Energy develops, owns, and operates utility-scale renewable energy and energy storage facilities — including wind farms, solar photovoltaic projects, battery energy storage systems, and renewable natural gas production — selling the generated electricity and capacity to utilities, grid operators, and large energy buyers through power purchase agreements and grid contracts.

Product overview

Clearlight Energy is a private renewable energy company offering a portfolio of utility-scale clean energy generation assets. The company operates four core product lines: Wind Power Projects, Solar Power Projects, Battery Energy Storage Systems (BESS), and Renewable Natural Gas (RNG). Together, these assets total 54 operational projects with 4.3 GW of capacity, supported by a 1.2 GW development pipeline. The portfolio spans 18 U.S. states and 4 Canadian provinces, delivering scalable solutions that power homes, businesses, and communities with reliable, low-carbon energy.

Differentiator

Problem solved

Functional benefit

Products and services

• Wind Power Projects Utility-scale wind farm projects that harness natural wind currents to generate clean electricity with low environmental impact and high efficiency, operated by Clearlight Energy and sold to utilities, grid operators, and large energy buyers.
• Solar Power Projects Utility-scale solar photovoltaic projects that provide clean, reliable power, reducing dependence on fossil fuels and supporting long-term energy goals for utilities, communities, and large energy consumers.
• Battery Energy Storage Systems (BESS) Grid-scale battery storage systems that store excess solar and wind energy for use during periods of high demand or low supply, supporting grid stability, resilience, and capacity services for utilities and grid operators.
• Renewable Natural Gas (RNG) and Clean Natural Gas Production of reliable, low-emission natural gas from manure at dairy operations to generate power, supporting grid stability and reducing waste; sold as clean fuel and grid-balancing capacity to utilities and grid operators.

Quantifiable outcome

• 4,300 MW of operating renewable power generation capacity
• +3 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• First Nations Communities (Canada)coreStrategic or Co-development Partner · 19 February 2026Clearlight Energy is involved in equity partnerships with First Nations communities for renewable energy projects. The company is referenced as one of the developers (alongside Awendio Solaris and Neoen) partnering with Indigenous communities for solar and wind projects in Canada, including the Greenstone Transmission Line project where four Anishinaabek First Nations own 50% stakes.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Brookfield Renewable Partners: Largest publicly listed pure-play renewable power generator globally with a multi-technology portfolio (hydro, wind, solar, storage) across North America and internationally. Comparable to Clearlight in diversified renewable ownership/operation but at materially larger scale and with public-market capital access.
• ENGIE North America: North American arm of ENGIE, operating renewable energy (wind, solar, storage) and natural gas assets. Comparable to Clearlight in renewable generation mix, with broader portfolio including natural gas-fired generation providing a different technology risk profile.
• Enel Green Power North America: North American subsidiary of Enel's global renewable arm, operating utility-scale wind, solar, and storage projects. Comparable in technology mix and renewable development model, with global parent support and a substantially larger geographic footprint.
• AES Corporation: Global power generation and utilities company with significant renewable and battery storage operations across the Americas. Comparable to Clearlight in wind, solar, and BESS focus, particularly in U.S. markets where both own utility-scale renewable and storage assets.
• EDF Renewables North America: Subsidiary of EDF Group developing, building, and operating utility-scale wind, solar, and storage projects across North America. Comparable in technology mix and project types, with global parent balance sheet and broader geographic footprint.
• NextEra Energy Resources: World's largest generator of wind and solar energy, and a major developer of battery storage, owned by NextEra Energy. Directly comparable to Clearlight's wind, solar, and BESS development pipeline, with substantially larger scale and balance sheet.

Regional players

• Algonquin Power & Utilities Corp. Former parent of the Liberty Power business Clearlight acquired; continues to operate regulated utilities in North America. Relevant as the originator of most of Clearlight's operational assets and ongoing comparable in Canadian/U.S. renewable and utility markets.

Direct peers

• Invenergy: Private U.S.-based developer, owner, and operator of utility-scale wind, solar, and storage projects across North America. Closest direct comparable to Clearlight in scale, technology mix, private ownership, and project development focus.
• Clearway Energy: Owns and operates a contracted portfolio of utility-scale wind, solar, and energy storage assets across the United States. Highly comparable to Clearlight's contracted renewable generation model, though listed via a yieldco structure.
• Pattern Energy: Developer and operator of utility-scale wind, solar, transmission, and storage assets across North America. Closely comparable to Clearlight in technology mix and project size, with public market listing providing additional scale and capital access.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/clearlightenergy

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

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 Clearlight Energy