What is Clenera?
Founded in 2013, Clenera specializes in the acquisition, development, construction, and management of utility-scale solar farms and energy storage facilities. The company leverages innovative technology and an integrated operational model to deliver clean energy leadership for its utility partners. Clenera's expertise extends to developing and constructing solar projects on behalf of third-party owners, with a strategic focus on large-scale solar and energy storage initiatives throughout North America. Their commitment to advancing renewable energy infrastructure positions them as a key contributor to the clean energy transition.
How much funding has Clenera raised?
Clenera has raised a total of $4.5B across 3 funding rounds:
Private Equity
$150M
Debt
$1.4B
Unspecified
$304M
Private Equity (2025): $150M with participation from Wells Fargo
Debt (2025): $1.4B led by Credit Agricole, Natixis Corporate and Investment Banking, Nord/LB, BNP Paribas, and Wells Fargo Bank
Unspecified (2026): $304M supported by ING, HSBC, Key Bank, and MUFG
Key Investors in Clenera
Credit Agricole
Credit Agricole is a major French international banking group, offering a wide range of financial services including corporate and investment banking, which likely supported Clenera's large-scale debt financing.
ING
ING Group is a Dutch multinational banking and financial services corporation, specializing in various banking services, indicating a role in providing significant capital for Clenera's operations.
HSBC
HSBC is a global banking and financial services organization, known for its extensive international network and expertise in facilitating capital flows, suggesting a key role in Clenera's recent funding rounds.
What's next for Clenera?
The recent major strategic investment in Clenera, following significant enterprise-level funding, indicates a robust phase of scaling and development. This capital infusion is expected to accelerate the company's expansion of its solar farm and energy storage portfolio, potentially enabling new project acquisitions and technological advancements. Clenera's strategic focus on long-term management of renewable energy assets suggests a continued emphasis on operational excellence and sustained growth within the competitive clean energy market. The company is well-positioned to capitalize on the increasing demand for sustainable energy solutions.
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