Cordelio Power logo — An independent power producer that develops, owns and manage...

Cordelio Power

An independent power producer that develops, owns and manages renewable power facilities across North America.

Founded 2018 Canada Toronto, Canada 127 employees Debt Financing Total: $458.00M Energy, Renewable Energy

General Information

Company Name Cordelio Power
Founded Year 2018
Location Canada Toronto, Canada +5
Employees 127
Industries Energy, Renewable Energy
Funding Stage Debt Financing
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About Cordelio Power

Cordelio Power is an independent power producer that develops, owns, and manages renewable power facilities across North America. Launched in June 2018, the company expanded its management team and mission in early 2020 to commence a growth and development effort in select power markets in the USA and Canada. The Cordelio team, with offices in Toronto, Vancouver, New York City, Chicago, and Portland (Maine), brings decades of development and operating experience, having successfully developed and completed several hundred megawatts of operating renewable power facilities. 100% owned by the Canada Pension Plan Investment Board, Cordelio is fully committed to becoming a leading North American developer, owner, and operator of renewable power facilities across North America in the Energy and Renewable Energy industries. The company's recent $458.00M Debt Financing investment at 01 June 2023 saw participation from Export Development Canada, National Bank of Canada, JPMorgan Chase & Co., MUFG Union Bank, and Bank of Montreal. This investment underscores the confidence and support from major financial institutions and signals Cordelio Power's ability to attract substantial financial backing for its ambitious growth and development plans. As a well-capitalized and experienced player in the renewable energy sector, Cordelio Power is well-positioned to capitalize on the ongoing shift towards sustainable and clean energy solutions in North America.

Taxonomy: independent power producer, renewable power facilities, North America, energy development, management team expansion, power markets, Canada Pension Plan Investment Board, development experience, operating experience, office locations, sustainable energy, renewable energy investment, project development, renewable energy operations

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 5
Investor Investor Investor
•••• ••••
01 Jun 2023

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FAQ About Cordelio Power

An independent power producer that develops, owns and manages renewable power facilities across North America.
Cordelio Power was founded in 2018.
Cordelio Power is headquartered in Toronto, Canada.
Cordelio Power operates in the following industries: Energy, Renewable Energy.
Cordelio Power has approximately 127 employees.
Cordelio Power has completed 1 funding round, raising a total of $458.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Cordelio Power include TerraForm Power, Industrial Sun, Lincoln Clean Energy, LLC, Renewable Energy Generation, ENGIE North America Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cordelio Power and TerraForm Power are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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