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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
Ranked
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
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Renewco Power's founders and board of directors

Founder? Claim Profile
The 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:

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

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:
Employee count trend for Renewco Power
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Spirit Energy
Spirit Energy
2010, Reading (United Kingdom), Unfunded
Turnkey solar services provider on a residential and commercial scale
-
-
54/100
2nd
Logo for Renewco Power
Renewco Power
2021, Edinburgh (United Kingdom), Series D
Developer of utility scale solar wind and energy storage projects
$71.6M
49/100
3rd
Developer of large scale solar projects
-
-
47/100
4th
Logo for Octopus Renewables
Octopus Renewables
2000, London (United Kingdom), Public
Developer of wind and solar energy projects
-
-
45/100
5th
Logo for Chariot
Chariot
2021, London (United Kingdom), Public
Provider of upstream oil gas assets and renewable power solutions
-
-
43/100
6th
Logo for Bluestone Energy
Bluestone Energy
2018, London (United Kingdom), Unfunded
Developer of solar energy power projects
-
-
43/100
7th
Logo for Elgin
Elgin
2009, London (United Kingdom), Acquired
Developer of utility scale solar power and battery storage assets
-
42/100
8th
Logo for KES Group
KES Group
1983, Belfast (United Kingdom), Unfunded
Installer of solar panel systems
-
-
42/100
9th
Developer of clean infrastructure projects combining renewables, grid stability, and data
$114M
42/100
10th
Logo for Sun Investment Group
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

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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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FAQs about Renewco Power

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