When was Terra-Gen founded?

Terra-Gen was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Where is Terra-Gen located?

Terra-Gen is headquartered in New York City, United States.

How many employees does Terra-Gen have?

As of Aug 31, 2026, the latest employee count at Terra-Gen is 315.

Is Terra-Gen a funded company?

Terra-Gen is a funded company, having raised a total of $55M across 8 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 30, 2009.

When was the latest funding round of Terra-Gen?

Terra-Gen's latest funding was a $***** Series A round on Mar 19, 2024, with participation from 1 investor. Its primary sector is Geothermal Energy. In United States, the Geothermal Energy sector has seen $1.17B in funding in 2026 to date.

Where does Terra-Gen rank among its competitors?

Terra-Gen ranks 14th amongst 256 active competitors, of which 30 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was ReNew, which secured $95M in Mar, 2026.

Who are the top competitors of Terra-Gen?

Terra-Gen's top competitors include NextEra Energy, ReNew and Duke Energy. Among them, ReNew secured the most recent funding round in March, 2026.

Terra-Gen - 2026 Company Profile, Funding & Competitors

Company Details

Terra-Gen is a renewable energy company focused on developing, owning, and operating utility-scale wind, solar and geothermal generation. Terra-Gen owns 1051 MW of wind, geothermal and solar generating capacity in operation across 25 renewable power facilities throughout the Western United States with a focus on the California Marketplace. Terra-Gen's subsidiaries are responsible for the operation and maintenance of over 2,000 MWs of renewable projects. The company primarily sells power to utilities and power cooperatives under long-term power purchase agreements.

Website: terra-gen.com
Email ID: *****@terra-gen.com

Key Metrics

Founded Year

2007

Location

New York City, United States

Stage

Acquired

Total Funding

$55M in 8 rounds

Latest Funding Round

Series A, Mar 19, 2024, $*****

Investors

First State Investments & 10 more

Ranked

14^th among 256 active competitors

Employee Count

315 as on Aug 31, 2026

Investment & Acquisitions

AirStream Energy

Similar Companies

Serentica Renewables & 30 more

Exit Details

Acquired by Energy Capital Partners (Sep 01, 2015)

View Terra-Gen's full profile

Terra-Gen is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TERRA-GEN POWER, LLC CIN: 260731405 , United States, Active	Dec 31, 1999	-	264 (As on Dec 31, 2014)	-
TERRA-GEN, LLC CIN: 300878595 , United States, Active		-	379 (As on Dec 31, 2024)	-

Terra-Gen got acquired by Energy Capital Partners on Sep 01, 2015.

Click here to take a look at Terra-Gen's acquisition in detail

Terra-Gen has raised a total funding of $55M over 8 rounds. Its first funding round was on Oct 30, 2009. Its latest funding round was a Series A round on Mar 19, 2024 for $*****. 1 investor participated in its latest round. Terra-Gen has 11 institutional investors.

Here is the list of recent funding rounds of Terra-Gen:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 19, 2024	7870636	Series A	3750667	5307427	6333295	3499164
Aug 28, 2020	8283725	PE	5872557	9097640	6914016	5880824
Apr 25, 2018	2498789	Conventional Debt	5352763	1042162	8956152	4982320

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View details of Terra-Gen's funding rounds and investors

Terra-Gen's employee count trend

Terra-Gen has 315 employees as of Aug 26. Here is Terra-Gen's employee count trend over the years:

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Top competitors of Terra-Gen include NextEra Energy, ReNew and Duke Energy. Here is the list of Top 10 competitors of Terra-Gen, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NextEra Energy 1925, Juno Beach (United States), Public	Developer of energy solutions	-	Alcor Fund, Wider Sky & 5 others	78/100
2nd	ReNew 2011, Gurugram (India), Public	Developer of wind & solar energy, hybrid, and hydro power projects	$1.64B	CPP Investments, ADIA & 28 others	76/100
3rd	Duke Energy 1904, Charlotte (United States), Public	Producer and distributor of renewable electricity	-	Elliott Management, Goldman Sachs & 2 others	75/100
4th	Acciona Energy 1997, Madrid (Spain), Public	Provider of renewable energy solutions	$567M	KKR, Triodos Investment Management & 3 others	73/100
5th	Xcel Energy 1904, Minneapolis (United States), Public	Energy retailing company	-	Booner Capital, DOE & 1 others	72/100
6th	Solstice 2016, Boston (United States), Acquired	Community solar provider unlocking clean energy access and savings for all	$7.44M	Elemental, Masscec & 24 others	70/100
7th	Exelon 2000, Chicago (United States), Public	Provider of energy services with an electric and natural gas distribution	-	Ideocolab, OSTI & 1 others	69/100
8th	Cypress Creek Renewables 2014, Santa Monica (United States), Acquired	Owns and develops solar farms	$200M	Temasek, National Bank of Canada & 5 others	67/100
9th	Ameren 1902, St. Louis (United States), Public	Provider of electricity and natural gas through solar energy	-	Marshall Wace, OSTI	67/100
10th	Boralex 1982, Kingsey Falls (Canada), Acquired	Developer of renewable energy projects	-	Energy Infrastructure Partners, CIC & 4 others	64/100
14th	Terra-Gen 2007, New York City (United States), Acquired	Independent renewable energy power producer	$55M	Masdar, Global Infrastructure Partners & 9 others	61/100