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Urban Grid
Urban Grid is a leading U.S. renewable energy company specializing in the development, financing, construction, and operation of utility-scale solar and energy storage projects. Acquired by EDF Renewables North America in 2021, the company focuses on delivering clean energy solutions across various markets, primarily in the Eastern and Central United States.
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Renewable Energy DeveloperDeveloperOperator
Strategic Overview
- Urban Grid's acquisition by EDF Renewables North America significantly expanded EDF's distributed and utility-scale renewable energy portfolio in the U.S.
- The company focuses on a comprehensive development approach, from site identification and permitting to financing, construction, and long-term operation.
- Their project pipeline includes a strong emphasis on co-locating battery storage with solar facilities to enhance grid stability and energy dispatchability.
Deal History (1)
Deal Activity from Public Sources
EDF Renewables North America acquires Urban Grid, a leading U.S. solar and storage developer
Development of Spotsylvania Solar Energy Center (100 MW AC / 140 MW DC) in Virginia
Development of Grayson County Solar (150 MW AC) in Kentucky
Development of Limestone Solar (200 MW AC) in Texas
Investment Focus
Technologies
Hybrid1
Geography
US1
Key People
Frank DePew
CEO
Michael Coe
COO
James DePew
CFO
Track Record
5,000
MW Total
15
Years Active
Notable projects: Spotsylvania Solar Energy Center (VA), Grayson County Solar (KY), Limestone Solar (TX)
Detailed Analysis
Technologies
Geographies
Deal Stage