Renewco Power - About the company
Renewco Power is a series D company based in Edinburgh (United Kingdom), founded in 2021 by Frans van den Heuvel. It operates as a Developer of utility scale solar wind and energy storage projects. Renewco Power has raised $71.6M in funding from The Scottish National Investment Bank. The company has 428 active competitors, including 19 funded and 31 that have exited. Its top competitors include companies like Spirit Energy, Octopus Energy Generation and Octopus Renewables.
Company Details
Developer of utility scale solar wind and energy storage projects. This organization focuses on the creation of renewable energy infrastructure. It engages with asset owners, land owners, developers, and funders to facilitate project implementation. The entity manages the lifecycle of power generation assets, including battery storage systems and green hydrogen initiatives. Professional teams oversee the development process to ensure technical viability and operational success. The business maintains a commitment to sustainable energy transition through strategic partnerships and technical expertise.
Key Metrics
Founded Year
2021
Location
Edinburgh, United Kingdom
Stage
Series D
Total Funding
$71.6M in 2 rounds
Latest Funding Round
Investors
Ranked
2nd among 428 active competitors
Employee Count
44 as on Jul 31, 2026
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Renewco Power's funding and investors
Renewco Power has raised a total funding of $71.6M over 2 rounds. Its first funding round was on Sep 22, 2021. Its latest funding round was a Series D round on Dec 22, 2025 for $*****. 3 investors participated in its latest round. Renewco Power has 3 institutional investors.
Here is the list of recent funding rounds of Renewco Power:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 22, 2025 | 9161913 | Series D | 7973952 | 9401961 | 7653071 | 8071136 |
Sep 22, 2021 | 6583315 | Series C | 7535107 | 5570868 | 9332608 |
View details of Renewco Power's funding rounds and investors
Renewco Power's founders and board of directors
Founder? Claim ProfileThe founders of Renewco Power is Frans van den Heuvel. Gavin McCallum is the CEO of Renewco Power.
Here are the details of Renewco Power's key team members:
- Frans van den Heuvel: Co-Founder of Renewco Power.
- Gavin McCallum: CEO of Renewco Power.
Renewco Power's Board of Directors
Renewco Power's board has 5 active members. Derrick Davidson Allan, Romain Michael Keyen, Alan George Baker, Gavin John Mccallum and Franciscus Henricus Nicasius Van Den Heuvel are independent board members.Here is the list of Renewco Power's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 4y 10m | |
awamxbs | Independent board member | - | Current | 1y 5m |
aopqpdm | Independent board member | - | Current | 5y 9m |
ogvuobl | Independent board member | - | Current | 6y 5m |
awsewgk | Independent board member | - | Current | 4y 7m |
View details of Renewco Power's Founder profiles and Board Members
Renewco Power's employee count trend
Renewco Power has 44 employees as of Jul 26. Here is Renewco Power's employee count trend over the years:
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Renewco Power's Competitors and alternates
Top competitors of Renewco Power include Spirit Energy, Octopus Energy Generation and Octopus Renewables. Here is the list of Top 10 competitors of Renewco Power, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Spirit Energy 2010, Reading (United Kingdom), Unfunded | Turnkey solar services provider on a residential and commercial scale | - | - | 54/100 |
2nd | Renewco Power 2021, Edinburgh (United Kingdom), Series D | Developer of utility scale solar wind and energy storage projects | $71.6M | 49/100 | |
3rd | Octopus Energy Generation 2022, London (United Kingdom), Unfunded | Developer of large scale solar projects | - | - | 47/100 |
4th | Octopus Renewables 2000, London (United Kingdom), Public | Developer of wind and solar energy projects | - | - | 45/100 |
5th | Chariot 2021, London (United Kingdom), Public | Provider of upstream oil gas assets and renewable power solutions | - | - | 43/100 |
6th | Bluestone Energy 2018, London (United Kingdom), Unfunded | Developer of solar energy power projects | - | - | 43/100 |
7th | Elgin 2009, London (United Kingdom), Acquired | Developer of utility scale solar power and battery storage assets | - | 42/100 | |
8th | KES Group 1983, Belfast (United Kingdom), Unfunded | Installer of solar panel systems | - | - | 42/100 |
9th | Pathfinder Clean Energy United Kingdom, Series D | Developer of clean infrastructure projects combining renewables, grid stability, and data | $114M | 42/100 | |
10th | Sun Investment Group 2014, London (United Kingdom), Public | EPC player in solar, wind, biomass. | - | - | 42/100 |
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Renewco Power's Investments and acquisitions
Renewco Power has made no investments or acquisitions yet.
Reports related to Renewco Power
Here is the latest report on Renewco Power's sector:
News related to Renewco Power
Media has covered Renewco Power for a total of 3 events in the last 1 year, 1 of them has been about partnerships.
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Renewco Power Secures Planning Permission for Hare Hill Solar and BESS Project in UKEnergy Global•Aug 03, 2026•Renewco Power
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Ohmium and RenewCO₂ Collaborate to Advance CO₂-to-Chemicals TechnologyBusiness Wire•May 20, 2026•Renewco Power, Ohmium, RenewCO₂
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Renewco and Atlantica partner on 2.2GW BESS pipeline in SpainEnergy-Storage•Mar 10, 2025•Renewco Power, Atlantica Sustainable Infrastructure
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Renewco Power and Atlantica to develop 2.2GW BESS in SpainEnergy Monitor•Mar 10, 2025•Renewco Power, Atlantica Sustainable Infrastructure
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Renewco Power Will Develop Green Hydrogen Projects in AndalusiaFuelcellsworks•Jun 27, 2024•Renewco Power, Texla Renovables
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Renewco and INDHO to develop 1GW of green hydrogen projects in Spain2 View•Jun 27, 2024•Renewco Power, Indho
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Texla, Renewco team up on electrolysis projects in southern SpainRenewables Now•May 08, 2024•Texla Renovables, Renewco Power
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Companies Receive Planning Permission For Scottish Solar And Battery ProjectRenewable Energy Magazine•Apr 26, 2024•Locogen, Renewco Power
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