Broad Reach Power - About the company
Broad Reach Power is an acquired company based in Houston (United States), founded in 2019 by Steve Vavrik. It operates as an Independent solar power producer. The company has 216 active competitors, including 25 funded and 41 that have exited. Its top competitors include companies like NextEra Energy, Acciona Energy and Solstice.
Key Metrics
Founded Year
2019
Location
Houston, United States
Stage
Acquired
Investors
Ranked
73rd among 216 active competitors
Employee Count
52 as on Jul 01, 2024
Exit Details
Acquired by Engie (Aug 25, 2023)
Broad Reach Power's acquisition details
Broad Reach Power got acquired by Engie on Aug 25, 2023.
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Broad Reach Power's funding and investors
Broad Reach Power is a funded company. Broad Reach Power has 4 institutional investors.
View details of Broad Reach Power's funding rounds and investors
Broad Reach Power's founders and board of directors
Founder? Claim ProfileThe founders of Broad Reach Power is Steve Vavrik.
Here are the details of Broad Reach Power's key team members:
- Steve Vavrik: Founder, Managing Partner, & CFO of Broad Reach Power.
View details of Broad Reach Power's Founder profiles and Board Members
Broad Reach Power's employee count trend
Broad Reach Power has 52 employees as of Jul 24. Here is Broad Reach Power's employee count trend over the years:
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Broad Reach Power's Competitors and alternates
Top competitors of Broad Reach Power include NextEra Energy, Acciona Energy and Solstice. Here is the list of Top 10 competitors of Broad Reach Power, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | NextEra Energy 1925, Juno Beach (United States), Public | Developer of energy solutions | - | 77/100 | |
2nd | Acciona Energy 1997, Madrid (Spain), Public | Provider of renewable energy solutions | $567M | 73/100 | |
3rd | Solstice 2016, Boston (United States), Acquired | Community solar provider unlocking clean energy access and savings for all | $7.44M | 71/100 | |
4th | Exelon 2000, Chicago (United States), Public | Provider of energy services with an electric and natural gas distribution | - | 69/100 | |
5th | Developer of wind & solar energy, hybrid, and hydro power projects | $1.64B | 68/100 | ||
6th | Cypress Creek Renewables 2014, Santa Monica (United States), Acquired | Owns and develops solar farms | $200M | 67/100 | |
7th | Ameren 1902, St. Louis (United States), Public | Provider of electricity and natural gas through solar energy | - | 67/100 | |
8th | Developer of renewable energy projects | - | 64/100 | ||
9th | Apex Clean Energy 2009, Charlottesville (United States), Acquired | Producer of independent power in wind and solar energy sector | $106M | 64/100 | |
10th | Energy provider company | - | - | 63/100 | |
73rd | Broad Reach Power 2019, Houston (United States), Acquired | Independent solar power producer | - | 32/100 |
Looking for more details on Broad Reach Power's competitors? Click here to see the top ones
Broad Reach Power's Investments and acquisitions
Broad Reach Power has made no investments or acquisitions yet.
Reports related to Broad Reach Power
Here is the latest report on Broad Reach Power's sector:
News related to Broad Reach Power
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ENGIE Acquires US-based Battery Storage Firm Broad Reach PowerMercom India•Aug 25, 2023•Apollo Global Management, EnCap Investments, Broad Reach Power, Engie and 2 others
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ENGIE accelerates in battery storage through the acquisition of Broad Reach Power in the UnitedKentucky Today•Aug 24, 2023•Engie, Broad Reach Power, EnCap Investments, Apollo Global Management and 2 others
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Engie snaps up US utility-scale battery storage platformRenewables Now•Aug 24, 2023•Engie, Broad Reach Power, EnCap Investments, Apollo Global Management and 1 other
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Broad Reach secures funding for 880 MW of BESS in Texas, CaliforniaRenewables Now•Aug 03, 2023•Broad Reach Power, Deutsche Bank, MUFG Bank, Norddeutsche Landesbank and 1 other
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XGS Energy Appoints Energy Industry Veteran Josh Prueher as CEOBusiness Wire•May 02, 2023•XGS Energy, Broad Reach Power
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Broad Reach Power Closes $161 Million Project Financing on 18 Battery Energy Storage ProjectsBusiness Wire•Jul 28, 2022•Broad Reach Power, Deutsche Bank, MUFG, Milbank and 1 other
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