UGT Renewables

company 2 Deals 2 Partners

UGT Renewables is a renewable energy developer and independent power producer (IPP) focused on utility-scale solar PV and battery storage projects. The company develops, builds, owns, and operates these assets, with a significant pipeline across the US and Europe.

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Renewable Energy DeveloperDeveloperOperatorInvestor

Strategic Overview

Focus on utility-scale solar PV and battery storage projects.
Active development pipeline across key markets in the US (ERCOT, PJM, MISO, CAISO) and Europe (Italy, Sweden, Finland, Poland, Romania, France, Spain).
Engages in the full lifecycle of projects: development, construction, ownership, and operation.

Deal History (2)

UGT Renewables signs contract with Iraqi government to build 3 GW solar project

Developer Solar Iraq Mar 4, 2026

UGT Renewables developing a 3 GW solar farm with 500 MWh energy storage in Iraq

Developer Hybrid Iraq Mar 4, 2026

Deal Activity from Public Sources

Strategic Partnership with Echelon Energy to Develop 1.5 GW of Solar PV and Battery Storage Projects in ERCOT, Texas

Partnership Solar PV, Battery Storage USA August 2023 1500 MW with Echelon Energy

Acquisition of Development Rights for 150 MW Solar Project in Spain

Acquisition Solar PV Spain December 2022 150 MW

Investment Focus

Technologies

Solar1

Hybrid1

Geography

Iraq2

Key People

Ahmet C. Caliskan

CEO & Co-Founder

Umut G. Caliskan

COO & Co-Founder

Track Record

1,000

MW Total

Detailed Analysis

Technologies

Solar PVBattery Storage

Geographies

USA (2 deals)ItalySwedenFinlandPolandRomaniaFranceSpain (1 deal)

Deal Stage

DevelopmentConstructionOperation

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