San Francisco, United States
SB Energy is a leading Climate Infrastructure and Technology Platform based in Redwood City, CA. Founded in 2015 by SoftBank Group Chairman Masayoshi Son, the company is committed to accelerating the global energy transition to combat climate change. Backed by SoftBank Group Corp and funds managed by the Infrastructure and Power strategy of Ares Management Corporation, SB Energy develops, constructs, and owns and operates some of the largest and most technically advanced renewable projects in the United States.
In the past three years, SB Energy has demonstrated rapid progress, finishing development, financing, and commissioning of 1.7GW of solar projects across California and Texas, with another 1.3GW set to come online in the next year. This significant investment of $2.40B in debt financing at 30 November 2023 from a consortium of prominent financial institutions including Mizuho Capital, CIBC Innovation Banking, Fifth Third Bank, Mitsubishi Financial Group, Société Générale, Truist Ventures, ING Group, Morgan Stanley Renewables, JP Morgan, and Sumitomo Mitsui Banking Corporation underscores the confidence in SB Energy's mission and potential.
What sets SB Energy apart is its unique combination of operating assets, large and growing pipeline, investments in AI and technology, and amazing culture and team. The company's commitment to deploying and investing in new technologies, including AI and long-duration energy storage, demonstrates its dedication to making renewable energy more reliable and accessible.
Notably, the 1.7GW of solar projects have created 10,000+ direct and indirect jobs and will power 330,000+ homes, highlighting the tangible impact of SB Energy's endeavors. Additionally, the company is actively building a large development pipeline of solar and energy storage, positioning itself to deliver flexible renewable generation at scale.
SB Energy's dedication to building strong, diverse, and inclusive teams and communities underscores its commitment to sustainability. As the company looks to the future, it invites collaborations with stakeholders who share its vision for a renewable energy future.
