LL

Leeward Renewable Energy, Llc

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Company Research Report: Leeward Renewable Energy (LRE)



Company Overview



Name


Leeward Renewable Energy (LRE)

Mission of the Company


Leeward Renewable Energy is committed to modernizing and repowering its fleet, developing new projects with integrity, and deploying new technologies with resolve for a sustainable future. Their mission is to provide reliable, long-term renewable energy solutions while driving the clean energy transition, protecting the planet, and contributing to the communities they serve.

Company Founding


Leeward Renewable Energy was founded over 20 years ago. Specific founding year and founders are not mentioned.

Key People in the Company


  • Jason Allen - Chief Executive Officer; Board Member

  • Willem Van Der Ven - Chief Operating Officer

  • Gregory Hazleton - Chief Financial Officer

  • Rebecca Fisher - Chief Human Resources Officer

  • John Wieland - Chief Development Officer

  • Theodore D. Matula - Chief Legal Officer

  • Eran Mahrer - Chief Commercial Officer

  • Nate Graham - Chief Technology Officer

  • Chris Loehr - Senior Vice President Finance

  • Sam Mangrum - Executive Vice President Project Execution


Where is the Company Headquartered


  • Corporate Headquarters: 6688 North Central Expressway, Suite 500, Dallas, Texas, 75206


Number of Employees


No information is available.

Revenue of the Company


No information is available.

What is the Company Known For


Leeward Renewable Energy is known for owning and operating a portfolio of 31 wind, solar, and energy storage facilities across the United States, with a total installed generating capacity of over 3 gigawatts. They are a leading, growth-oriented renewable energy company focused on building sustainable solutions and driving the clean energy transition.

Products



What Products Do They Offer


  • Wind Energy

  • Solar Energy

  • Energy Storage Solutions


High-Level Description of the Product


  • Wind Energy: Leeward Renewable Energy operates a number of wind farms across the U.S., generating clean, renewable electricity.

  • Solar Energy: LRE is expanding its portfolio into the solar sector with an extensive development pipeline aimed at making solar power more efficient and cost-competitive.

  • Energy Storage Solutions: Energy storage projects, both standalone and collocated with renewable facilities, help ensure a flexible and reliable grid.


Key Features of Each of the Products


No detailed key features of each product are available.

Recent Developments



What Are the Recent Developments in the Company


1. Recent Financial Developments:
  • LRE secured $1.25 billion in warehouse facility financing to accelerate renewable energy project construction (July 2024).

  • Quarterly financial results and regular investor calls held.


2. New Appointments and Agreements:
  • Nate Graham appointed as Chief Technology Officer (March 2024).

  • Power Purchase Agreement with Microsoft for Morrow Lake Solar and Cradle Solar Facilities (March 2024).

  • Long-term resource adequacy agreement with Pacific Gas & Electric Company for Sierra Pinta Energy Storage Project (June 2024).


What Are the New Products Launched


  • Horizon Solar Project: Completed construction and commenced commercial operations (April 2024).


What Are the New Features Added to the Existing Products


  • GSG Wind Repower: Completed repowering of the GSG Wind project to enhance performance (January 2024).


Any New Partnerships


  • Leeward Renewable Energy entered a Power Purchase Agreement with Microsoft for renewable energy projects (March 2024).

  • Long-term agreement with Pacific Gas & Electric Company (June 2024).


Contact Information


  • Phone: 214.515.1100

  • Email: info@leewardenergy.com

  • Corporate Headquarters: 6688 North Central Expressway, Suite 500, Dallas, Texas 75206


Regional Offices


  • Houston: 811 Louisiana Street, Suite 2405, Houston, Texas 77002

  • Chicago: 200 South Wacker Drive, Suite 3000, Chicago, Illinois 60606





This concludes the market research report for Leeward Renewable Energy (LRE).

For further details or specific inquiries, please contact info@leewardenergy.com or call 214.515.1100.