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Hecate Grid logo — A Leading US Energy Storage IPP

Hecate Grid

A Leading US Energy Storage IPP

Founded 2018 United States Chicago, United States 26 employees Debt Financing Total: $223.90M Energy, Renewable Energy

General Information

Company Name Hecate Grid
Founded Year 2018
Location United States Chicago, United States
Employees 26
Industries Energy, Renewable Energy
Funding Stage Debt Financing
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About Hecate Grid

Hecate Grid is a leading US energy storage Independent Power Producer (IPP) that has quickly established itself as an emerging force in North American energy storage. Established in 2018, the company has made significant strides in the energy and renewable energy sectors. The company's slogan, "A Leading US Energy Storage IPP," reflects its commitment to innovation and excellence in the field. Notably, Hecate Grid secured a substantial $98.90M Debt Financing investment on 07 February 2023, demonstrating a strong vote of confidence from key investors including the National Bank of Canada, Société Générale, and CoBank. With its headquarters in the United States, Hecate Grid is poised to continue its growth trajectory and make a considerable impact in the energy industry.

Business keywords: energy storage, independent power producer, battery storage, grid stability, North America, standalone storage projects, renewable power, power generation, renewable resources, utility-scale energy storage, electric grid, sustainable energy, energy transition, renewable power developer

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $125.00M 1
Mitsubishi Financial Group
Mitsubishi Financial Group
18 Jun 2024
Debt Financing $98.90M 3
National Bank of Canada Société Générale CoBank
National Bank of Canada, Société Générale +1
07 Feb 2023

Hecate Grid Alternatives & Competitors

View All Alternatives
Hecate Grid vs
Greenwood Sustainable Infrastructure
Greenwood Sustainable Infrastructure United States

Greenwood is an independent power producer focused on solar and battery storage infrastructure.

41 employees
Energy, Renewable Energy
Hecate Grid vs
Accelergen Energy LLC
Accelergen Energy LLC United States

Renewable energy IPP

Debt Financing
10 employees
Energy, Renewable Energy
Hecate Grid vs
Jupiter Power
Jupiter Power United States

Storage made strategic

140 employees
Energy, Renewable Energy
Also compare with: Hecate Grid vs Ambri Ambri View all alternatives

FAQ About Hecate Grid

A Leading US Energy Storage IPP
Hecate Grid was founded in 2018.
Hecate Grid is headquartered in Chicago, United States.
Hecate Grid operates in Energy and Renewable Energy. Its work centres on energy storage, independent power producer, battery storage and grid stability.
Hecate Grid has approximately 26 employees.
Hecate Grid has completed 2 funding rounds, raising a total of $223.90M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Hecate Grid include Greenwood Sustainable Infrastructure, Accelergen Energy LLC, Jupiter Power, Urban Grid, XL Batteries. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hecate Grid and Greenwood Sustainable Infrastructure 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.

Source: BounceWatch company record for Hecate Grid, https://bouncewatch.com/company/hecate-grid, updated 14 January 2025. When citing, please name BounceWatch and link this page.

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