What is Clenera?
Founded in 2013, Clenera specializes in the acquisition, development, construction, and management of utility-scale solar farms and energy storage facilities across the United States. The company leverages innovative technology and an integrated approach to deliver reliable, affordable clean energy solutions, enabling utility partners to advance their clean energy objectives. Clenera's expertise extends to developing and constructing solar projects on behalf of third-party owners, with a strategic focus on large-scale solar and energy storage initiatives throughout North America.
How much funding has Clenera raised?
Clenera has raised a total of $1.9B across 3 funding rounds:
Private Equity
$150M
Debt
$1.4B
Unspecified
$304M
Private Equity (2025): $150M with participation from Wells Fargo
Debt (2025): $1.4B led by Nord/LB, Credit Agricole, Natixis Corporate and Investment Banking, Wells Fargo Bank, and BNP Paribas
Unspecified (2026): $304M supported by ING, MUFG, HSBC, and Key Bank
Key Investors in Clenera
Nord/LB
Nord/LB is a German bank providing a wide range of financial services, including corporate and investment banking, with a focus on infrastructure and energy financing.
Credit Agricole
Crédit Agricole is a French international banking group, offering a broad spectrum of financial products and services, with significant expertise in corporate and investment banking.
Natixis Corporate and Investment Banking
Natixis Corporate & Investment Banking is the wholesale banking, asset management, insurance, and payments arm of Groupe BPCE, offering specialized financial solutions to corporations and institutions.
What's next for Clenera?
The recent major strategic investment in Clenera signals a robust phase of scaling and operational enhancement. This capital infusion is expected to accelerate the company's development pipeline for solar and energy storage projects, potentially expanding its geographic reach and technological capabilities. Clenera's focus on utility-scale projects positions it to capitalize on the increasing demand for renewable energy infrastructure, further solidifying its role as a key enabler of community-level clean energy leadership.
See full Clenera company page
