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SkyPower - About the company

SkyPower is an acquired company based in Toronto (Canada), founded in 2003. It operates as an Independent Power Producer in the domain of Solar ENERGY. SkyPower has raised an undisclosed amount in funding from Lehman Brothers. The company has 37 active competitors, including 4 funded and 14 that have exited. Its top competitors include companies like Acciona Energy, Exelon and Boralex.

Company Details

SkyPower is a developer of multiple projects globally in the domain of solar energy. They have over 30 utility-scale solar Power Purchase Agreements that amounts to approximately US $80 billion worth of long-term renewable energy sales to leading utilities and governments around the world.
Social
X
Email ID
*****@skypower.com
Phone Number
+1 **********
Registered Address
Ambassador Hotel, Sujan Singh Park, New Delhi, New Delhi, Delhi, India, 110003
Key Metrics
Founded Year
2003
Location
Toronto, Canada
Stage
Acquired
Latest Funding Round
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
79 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired

SkyPower's acquisition details

SkyPower got acquired on Jun 30, 2025.
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SkyPower's funding and investors

SkyPower has raised funding over 1 round. Its latest funding round was a Series A round on Jun 04, 2007 for $*****. 1 investor participated in its latest round. SkyPower has 2 institutional investors.

Here is the list of recent funding rounds of SkyPower:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 04, 2007
8168289
Series A
5405308
7087106
2515702
9086618
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SkyPower's founders and board of directors

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SkyPower's employee count trend

SkyPower has 79 employees as of Aug 26. Here is SkyPower's employee count trend over the years:
Employee count trend for SkyPower
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SkyPower's Competitors and alternates

Top competitors of SkyPower include Acciona Energy, Exelon and Boralex. Here is the list of Top 10 competitors of SkyPower, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Acciona Energy
Acciona Energy
1997, Madrid (Spain), Public
Provider of renewable energy solutions
$567M
73/100
2nd
Logo for Exelon
Exelon
2000, Chicago (United States), Public
Provider of energy services with an electric and natural gas distribution
-
69/100
3rd
Logo for Boralex
Boralex
1982, Kingsey Falls (Canada), Acquired
Developer of renewable energy projects
-
64/100
4th
Logo for Innergex
Innergex
1990, Longueuil (Canada), Acquired
Renewable energy based IPP
-
60/100
5th
Logo for Northland Power
Northland Power
1987, Toronto (Canada), Public
Provider of solar energy power producer
-
-
57/100
6th
Logo for BluEarth Renewables
BluEarth Renewables
2010, Calgary (Canada), Acquired
Developer of renewable energy facilities and provider of operating support
$81M
55/100
7th
Logo for TerraForm Power
TerraForm Power
2014, New York City (United States), Acquired
Leading renewable energy provider with wind, solar, and storage assets
$335M
53/100
8th
Logo for Capital Power
Capital Power
2009, Edmonton (Canada), Public
Provider of power generation facilities of energy sources
-
-
52/100
9th
Logo for OPG Power Ventures
OPG Power Ventures
2008, Toronto (Canada), Public
Developers and operators of power plants
-
-
49/100
10th
Logo for JCM Power
JCM Power
2009, Toronto (Canada), Series B
Independent renewable energy power producer
$15.1M
48/100
15th
Logo for SkyPower
SkyPower
2003, Toronto (Canada), Acquired
Independent Power Producer in the domain of Solar ENERGY
-
33/100
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SkyPower's Investments and acquisitions

SkyPower has made no investments or acquisitions yet.

Reports related to SkyPower

Here is the latest report on SkyPower's sector:

News related to SkyPower

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FAQs about SkyPower

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