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Elevate Renewable Energy
AddedFeb 15, 2024
UpdatedJun 18, 2026
Elevate Renewable Energy

Elevate Renewable Energy

Private Equity

Elevate Renewables: Developing flexible, zero-carbon energy solutions with a focus on battery storage.

HQ
Boston, MA, US
Founded
2022
Overview
Compare
Fundraising
Employees
Website

Elevate Renewable Energy is a national renewable energy development company dedicated to decarbonizing existing fossil-fuel-powered generation facilities. The company focuses on strategically deploying battery energy storage solutions to provide flexible, dispatchable zero-carbon energy. Their market focus includes electricity markets across the U.S., addressing the need for reliable renewable energy amidst the rapid growth of intermittent sources.

Elevate Renewable Energy has developed an extensive brownfield pipeline and actively participates in energy markets nationwide. By providing innovative battery storage projects, the company significantly contributes to the transition toward sustainable energy solutions. Their efforts help stabilize the grid and ensure a consistent supply of renewable energy, making a notable impact on reducing carbon emissions and promoting environmental sustainability.

Elevate Renewable Energy - Quick Facts

When was Elevate Renewable Energy founded?

Elevate Renewable Energy was founded in 2022.

Where is Elevate Renewable Energy's headquarters located?

Elevate Renewable Energy's headquarters is located in Boston, MA, US.

When was Elevate Renewable Energy's last funding round?

Elevate Renewable Energy's most recent funding round was for $150M (USD) in January 2023.

How much has Elevate Renewable Energy raised to-date?

As of Jan 31, 2023, Elevate Renewable Energy has raised a total of $150M (USD).

How many employees does Elevate Renewable Energy have?

Elevate Renewable Energy has 30 employees as of Feb 4, 2024.

Elevate Renewable Energy - Classification

Ownership
  • Private
Technology
  • Battery Storage
  • Cleantech
Geographic Exposure
  • United States
Customer
  • Enterprise
  • Government
Main Product
  • Energy Storage
  • Renewable Energy
Tags
  • Consulting
  • Project Development
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
  • 221110Electric Power Generation
  • 221114Solar Electric Power Generation
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 4 more industry codes
NAICS
  • 221115Wind Electric Power Generation
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services