Overview
Cinterra is a prominent North American leader in utility-scale solar and renewable energy contracting. With a focus on utility-scale renewable energy systems, Cinterra is dedicated to enhancing clean electric power availability across the continent. The company has been established as a top-ten renewable energy contractor in the United States, specializing in utility-scale solar, energy storage, and renewable natural gas projects. They also offer electrical infrastructure solutions for solar, wind, and biogas projects.
Operations and Capabilities
Cinterra excels in constructing high-voltage substations and solar energy production sites, while also meeting increased demand for utility-scale solar solutions. Their comprehensive power distribution infrastructure supports varied utility-scale and renewable energy projects effectively.
- Megawatts of Active Projects: 100 MW
- Megawatts of Completed Projects: 1000 MW
- Homes Powered: Over 10 million
Operating across all United States, Cinterra has demonstrated a robust commitment to reducing carbon emissions and providing sustainable clean power.
Executive Leadership
- Shelby Barbier - Chief Executive Officer: Focuses on strategic growth and operational excellence, previously holding a key position at Black & Veatch.
- Nicholas Grindstaff - Chief Financial Officer: Oversees financial operations with over 30 years of sector experience.
- Ted Lawver - Senior Vice President, Operations: Manages solar operations with over 38 years of experience in global power generation.
- Shaun Jacobson - Vice President, Business Development: Drives business development initiatives with substantial experience in the sector.
Financial Insights
Cinterra is privately held and well-capitalized, having raised $58.5 million from investors including Ironwood Capital, Landon Capital Partners, and Rising Capital Partners. Its estimated annual revenue is $40.7 million, with a revenue per employee of $242,000.
Client and Market Reach
Cinterra's extensive clientele includes top engineering, procurement, and construction (EPC) entities, municipalities, utility companies, and natural gas producers. With headquarters in North Carolina, the company focuses on expanding its capabilities in alternative energy delivery, standing strong on its reputation for safety, quality, and customer satisfaction.
Recent Developments
Transitioning from Directional Services, Inc. in 2023 to Cinterra, the company has broadened its offerings in renewable energy infrastructure, especially in solar and renewable electricity systems. This strategic rebranding aligns with their growth initiatives in biogas and natural gas sectors, reflecting adaptability in emerging energy markets.
Competitive Landscape
Key Competitors
1. Blattner Energy: A leading renewable energy contractor with extensive experience in wind and solar. Acquired by Quanta Services, they handle 25% of U.S. utility-scale capacity.
2. SOLV Energy: Based in San Diego, offers complete EPC and O&M services, recognized for significant solar farm installations across the U.S.
3. Mortenson: Known for expertise in large-scale renewable projects, offering solutions from wind to solar and energy storage.
4. Renewable Energy Systems (RES): The largest independent renewable energy company globally, with a vast portfolio including wind, solar, and storage technologies.
Strategic Recommendations
Cinterra can leverage its diverse workforce and strategic partnerships to explore emerging technologies in energy storage and biogas production. By engaging in collaborative projects with municipalities and expanding its North American operations, Cinterra can further strengthen its market presence. Ongoing innovation and investment in new energy solutions are essential to maintaining a competitive edge in the rapidly evolving renewable energy sector.
Web Presence
The company maintains a comprehensive web presence, detailing services and company culture on their [official website](https://cinterra.com).