Doral Renewables

United States
South Weldon, North Carolina, United States

Company profile

Doral Renewables company profile

Doral Renewables is a developer, owner, and operator of large-scale renewable energy projects across the United States. With a portfolio exceeding 17 gigawatts (GW) in solar and energy storage, the company operates in 22 states and across seven electricity markets. One of Doral's flagship initiatives is the Mammoth Solar project in Indiana. Spanning approximately 13,000 acres in Pulaski and Starke Counties, this project is being developed in three phases—Mammoth North, South, and Central—with a combined capacity of 1.3 GW AC. Upon completion, it is expected to be one of the largest photovoltaic power stations in the United States. The first phase, Mammoth North, became operational in July 2024, delivering 400 MW AC to the PJM grid.

Business identity

Contact email
[email protected]
Phone number
570-840-5835
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Founded
2019-01-01, Year

Headquarters

Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding rounds
7
Total equity funding
$505M
Last funding
Debt Financing / $1.5B / 2025-05-19
Last equity funding
Undisclosed / $30M
Investors
5
Lead investors
5
Founders
2
Articles
39

Founders and investors

Founders

Dori DavidovitzNick Cohen

Lead investors

APG Asset ManagementFifth Third BankHSBCMigdal Insurance and Financial HoldingsTruist

Investors

APG Asset ManagementFifth Third BankHSBCMigdal Insurance and Financial HoldingsTruist