TerraForm Power - About the company
TerraForm Power is an acquired company based in New York City (United States), founded in 2014. It operates as a Leading renewable energy provider with wind, solar, and storage assets. TerraForm Power has raised $335M in funding, with last known valuation of $*****. The company has 544 active competitors, including 47 funded and 120 that have exited. Its top competitors include companies like NextEra Energy, Engie and Acciona Energy.
Company Details
Leading renewable energy provider with wind, solar, and storage assets across North America. The company focuses on providing innovative renewable energy solutions, managing a diverse portfolio of renewable energy facilities. They are a significant producer of renewable energy certificates, helping entities meet their renewable energy goals and reduce their carbon footprint. The company operates utility-scale wind and solar facilities, as well as distributed generation solar assets. They are also developing battery energy storage systems to ensure grid reliability and flexibility. The company is committed to powering the renewable energy transition through operational excellence and business growth opportunities. They offer wholesale and retail solutions, and are involved in renewable development projects. The company is dedicated to community commitment and environmental, social, and governance (ESG) principles.
Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Acquired
Total Funding
$335M in 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 07, 2017
Investors
Ranked
51st among 544 active competitors
Employee Count
143 as on Jun 30, 2026
Exit Details
Acquired by Brookfield Asset Management (Mar 07, 2017)
Legal entities associated with TerraForm Power
TerraForm Power is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TERRAFORM GLOBAL, INC. CIN: 1620702 , United States, Active | Oct 16, 2014 | $100M - $500M (As on Dec 31, 2016) | - | - |
TERRAFORM GLOBAL INDIA PRIVATE LIMITED CIN: U40300MH2016FTC331310 , India, Active | Sep 16, 2016 | 0 - ₹10 Cr (As on Mar 31, 2025) | 3 (As on Mar 31, 2024) | |
TERRAFORM POWER, INC. CIN: 1599947 , United States, Active | Jan 14, 2014 | $500M - $1B (As on Dec 31, 2019) | - | - |
TerraForm Power's acquisition details
TerraForm Power got acquired by Brookfield Asset Management on Mar 07, 2017 at an acquisition amount of $*****.
Click here to take a look at TerraForm Power's acquisition in detail
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TerraForm Power's funding and investors
TerraForm Power has raised a total funding of $335M over 8 rounds. Its first funding round was on Jul 23, 2014. TerraForm Power has 1 institutional investor.
Here is the list of recent funding rounds of TerraForm Power:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 10, 2019 | 7725353 | Conventional Debt | 9358380 | 6743368 | 9314628 | 8078007 |
Jun 11, 2018 | 8682455 | Post IPO | 3567521 | 7658443 | 1572289 | 4173634 |
Feb 22, 2018 | 2517059 | Conventional Debt | 5752145 | 7548042 | 4124086 | 1455216 |
View details of TerraForm Power's funding rounds and investors
TerraForm Power's founders and board of directors
Founder? Claim ProfileTerraForm Power's employee count trend
TerraForm Power has 143 employees as of Jun 26. Here is TerraForm Power's employee count trend over the years:
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TerraForm Power's Competitors and alternates
Top competitors of TerraForm Power include NextEra Energy, Engie and Acciona Energy. Here is the list of Top 10 competitors of TerraForm 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 | Provider of electricity generation and other energy services | - | 74/100 | ||
3rd | Acciona Energy 1997, Madrid (Spain), Public | Provider of renewable energy solutions | $567M | 72/100 | |
4th | Solstice 2016, Boston (United States), Acquired | Community solar provider unlocking clean energy access and savings for all | $7.44M | 71/100 | |
5th | Provider of clean energy solutions | - | 70/100 | ||
6th | Apex Clean Energy 2009, Charlottesville (United States), Acquired | Producer of independent power in wind and solar energy sector | $106M | 68/100 | |
7th | Provider of independent solar power and operates renewable energy projects | $375M | 67/100 | ||
8th | Cypress Creek Renewables 2014, Santa Monica (United States), Acquired | Owns and develops solar farms | $200M | 67/100 | |
9th | Ameren 1902, St. Louis (United States), Public | Provider of electricity and natural gas through solar energy | - | 67/100 | |
10th | SMA Solar Technology 1981, Kassel (Germany), Public | Offers solar services to homes and industries | - | 67/100 | |
51st | TerraForm Power 2014, New York City (United States), Acquired | Leading renewable energy provider with wind, solar, and storage assets | $335M | 52/100 |
Looking for more details on TerraForm Power's competitors? Click here to see the top ones
TerraForm Power's Investments and acquisitions
TerraForm Power has acquired 2 companies including Sun Tribe and First Wind. TerraForm Power has not made any investments as of now.Reports related to TerraForm Power
Here is the latest report on TerraForm Power's geography:
News related to TerraForm Power
Media has covered TerraForm Power for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Terraform Labs Allowed to Use Jump Lawsuit Evidence, Four Creditor Claims DeniedCryptoSlate•Jul 10, 2026•TerraForm Power
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TerraForm acquires 1.5GW Steward Creek Solar project from Hexagon EnergyPower Technology•Feb 03, 2026•TerraForm Power
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Brookfield Renewable Partners, TerraForm Power seal merger dealSeeking Alpha•Mar 16, 2020•TerraForm Power, Brookfield Asset Management, TerraForm Power
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Brookfield Renewable makes bid for TerraForm PowerSeeking Alpha•Jan 13, 2020•Brookfield Asset Management, TerraForm Power, TerraForm Power
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TerraForm Power Closes $650M Private Placement to Fund Saeta Yield AcquisitionCitybizlist•Jun 11, 2018•TerraForm Power, Saeta Yield
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