Heelstone Renewable Energy

United States
Huntingtown Town Center, Maryland, United States

Company profile

Heelstone Renewable Energy company profile

Heelstone founded in 2012 and since that time it has experienced steady growth and solidified itself as a leader in the industry. Its founders leveraged their extensive structured finance expertise to acquire early and mid-stage development projects in solar markets across the country. As Heelstone continued to grow and evolve, it was able to organically develop an expertise spanning all components of the downstream solar value chain; that is, greenfield development, mid-stage development, finance, construction, and operation. In 2019, Heelstone received an investment from funds managed by Ares Management Corporation’s (NYSE: ARES) Infrastructure and Power Group (AIPG). With that investment and the deep industry expertise and support from the AIPG team, Heelstone will continue to expand its development capabilities and reach as a utility-scale solar developer.

Business identity

Contact email
[email protected]
Phone number
(844) 453-8633
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$0-$1M
Founded
2012-01-01, Year

Headquarters

Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
3
Last funding
Debt Financing / $200M / 2026-01-13
Last equity funding
Private Equity
Investors
3
Lead investors
2
Articles
29
Exited on
2024-01-30

Founders and investors

Lead investors

BlackRockDeutsche Bank

Investors

Ares ManagementBlackRockDeutsche Bank