When was UPC Renewables founded?

UPC Renewables was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Where is UPC Renewables located?

UPC Renewables is headquartered in Miami, United States. It is registered at 613, 614A, 614B, at 6th Floor, Magnum Global Park, Tower 2, Golf Course Extension Road, Sector 58, Gurgaon, Gurgaon, Gurgaon, Haryana, India, 122011.

Who is the current CEO of UPC Renewables?

Brian Caffyn of UPC Renewables.

How many employees does UPC Renewables have?

As of Apr 30, 2026, the latest employee count at UPC Renewables is 74.

Is UPC Renewables a funded company?

UPC Renewables is a funded company, having raised a total of $80M across 3 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Feb 11, 2010.

How much is UPC Renewables worth?

The last known valuation of UPC Renewables was $***** as of May 23, 2018.

When was the latest funding round of UPC Renewables?

UPC Renewables' latest funding was a $***** Conventional Debt round on Jul 27, 2017, with participation from 1 investor.

Where does UPC Renewables rank among its competitors?

UPC Renewables ranks 10th amongst 181 active competitors, of which 15 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Octopus Energy, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of UPC Renewables?

UPC Renewables' top competitors include NextEra Energy, Octopus Energy and Duke Energy. Among them, Octopus Energy secured the most recent funding round in December, 2025.

UPC Renewables - 2026 Company Profile, Team, Funding & Competitors

Company Details

UPC Renewables independently Develops, Builds, Owns and Operates its Wind and Solar Farms as an IPP (Independent Power Producer). UPC formed companies have developed more than 2,000 MW of operating wind and solar projects with an investment value of over $3B USD, and have a development pipeline of more than 5,000 MW. The company is currently developing projects in Algeria, China, Indonesia, Morocco, Philippines and across Tunisia

Website: upcrenewables.com
Email ID: *****@upcrenewables.com
Registered Address: 613, 614A, 614B, at 6th Floor, Magnum Global Park, Tower 2, Golf Course Extension Road, Sector 58, Gurgaon, Gurgaon, Gurgaon, Haryana, India, 122011

Key Metrics

Founded Year

2007

Location

Miami, United States

Stage

Acquired

Total Funding

$80M in 3 rounds

Latest Funding Round

Conventional Debt, Jul 27, 2017, $*****

Last Known Valuation

$***** as on May 23, 2018

Investors

Masdar & 7 more

Ranked

10^th among 181 active competitors

Employee Count

74 as on Apr 30, 2026

Investment & Acquisitions

Nelumbo

Similar Companies

NextEra Energy & 283 more

Exit Details

Acquired by ACEN (Feb 06, 2026)

View UPC Renewables' full profile

UPC Renewables is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
UPC SOLAR INDIA PRIVATE LIMITED CIN: U74999HR2017FTC068383 , India, Active	Mar 30, 2017	$1.63M (As on Mar 31, 2025)	63 (As on Jun 30, 2024)
UPC RENEWABLES INDIA MANAGEMENT PRIVATE LIMITED CIN: U40101MH2022FTC393263 , India, Active	Nov 10, 2022	$7.37K (As on Mar 31, 2025)	-
MASAYA SOLAR ENERGY PRIVATE LIMITED CIN: U74999HR2019FTC079163 , India, Active	Mar 18, 2019	$19.8M (As on Mar 31, 2025)	-

UPC Renewables got acquired by ACEN on Feb 06, 2026.

Click here to take a look at UPC Renewables's acquisition in detail

UPC Renewables has raised a total funding of $80M over 3 rounds. Its first funding round was on Feb 11, 2010. Its latest funding round was a Conventional Debt round on Jul 27, 2017 for $*****. 1 investor participated in its latest round. UPC Renewables has 8 institutional investors.

Here is the list of recent funding rounds of UPC Renewables:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 27, 2017	3496387	Conventional Debt	5036310	3412082	8360702	6390504
Dec 23, 2010	8509087	PE	5518618	1284354	7616122	Macquarie & 1 more
Feb 11, 2010	7026679	PE	3566616	7487812	9338834	Global Environment Fund

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View details of UPC Renewables's funding rounds and investors

The founders of UPC Renewables is Brian Caffyn.

Here are the details of UPC Renewables' key team members:

Brian Caffyn: Founder & CEO of UPC Renewables.
Contact Info: 1 email address

View details of UPC Renewables's Founder profiles and Board Members

UPC Renewables' employee count trend

UPC Renewables has 74 employees as of Apr 26. Here is UPC Renewables's employee count trend over the years:

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Top competitors of UPC Renewables include NextEra Energy, Octopus Energy and Duke Energy. Here is the list of Top 10 competitors of UPC Renewables, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NextEra Energy 1925, Juno Beach (United States), Acquired	Developer of energy solutions	-	Alcor Fund, Wider Sky & 5 others	78/100
2nd	Octopus Energy 2015, London (United Kingdom), Series F	Provider of utility bill management platform	$1.96B	Generation Investment Management, CPP Investments ... & 21 others	77/100
3rd	Duke Energy 1904, Charlotte (United States), Public	Producer and distributor of renewable electricity	-	Elliott Management, Goldman Sachs & 2 others	76/100
4th	Acciona Energy 1997, Madrid (Spain), Public	Provider of renewable energy solutions	$567M	KKR, Triodos Investment Management & 3 others	70/100
5th	Ameren 1902, St. Louis (United States), Public	Provider of electricity and natural gas through solar energy	-	Marshall Wace, OSTI	68/100
6th	Apex Clean Energy 2009, Charlottesville (United States), Acquired	Producer of independent power in wind and solar energy sector	$106M	Prudential Capital Group, Keller Enterprises ... & 12 others	68/100
7th	Cypress Creek Renewables 2014, Santa Monica (United States), Acquired	Owns and develops solar farms	$200M	Temasek, National Bank of Canada & 5 others	67/100
8th	Banpu 1983, Bangkok (Thailand), Public	Energy provider company	-	-	65/100
9th	Boralex 1982, Kingsey Falls (Canada), Public	Developer of renewable energy projects	-	Energy Infrastructure Partners, CIC & 4 others	64/100
10th	UPC Renewables 2007, Miami (United States), Acquired	Independent Power Producer	$80M	Masdar, Macquarie & 6 others	63/100