Boston, United States
RENEW Energy Partners, founded in 2013 and headquartered in the United States, is at the forefront of making sustainability financially attractive and easy. The company operates within the Energy, Industrial, and Renewable Energy sectors, providing comprehensive solutions for funding, installing, and managing energy efficiency and on-site clean energy projects.
RENEW leverages an energy-as-a-service model, delivering energy system upgrades with no initial cost to building owners. Projects are funded by future savings, structured around an Energy Service Agreement (ESA), Power Purchase Agreement (PPA), or both. Building owners benefit from immediate energy savings while RENEW handles the upfront capital, featuring a unique payback model where RENEW and the building owner share savings until the agreement concludes, at which point owners receive all subsequent savings and system ownership.
Significantly, RENEW is advancing its third capital fund, supported by the climate infrastructure strategy of Ares Infrastructure and Power. The company last secured a $284.71K venture round investment on 06 March 2019, underscoring investor confidence in their innovative approach.
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Growatt New Energy
