# Invenergy

> Invenergy is a privately held Chicago energy developer, owner, and operator that takes projects from land and permits through financing, construction, power sales, and long-term operations. Its portfolio spans natural gas, solar, land-based wind, battery storage, transmission, manufacturing, and emerging geothermal work, giving utilities and large companies one counterparty for complicated power needs. That breadth has produced more than 225 projects representing roughly 38 gigawatts, but it also exposes the company to regulatory reversals, equipment shortages, and long development cycles.

- **Founded:** 2001
- **Headquarters:** Chicago, United States
- **Founders:** Michael Polsky (Founder and Executive Chairman), James (Jim) Murphy (Co-Founder and CEO)
- **Team size:** More than 2,800 employees in 2026; LinkedIn lists roughly 2,475 profiles associated with the company.
- **Products:** Land-based wind development, Solar generation, Energy storage, Natural gas generation, Transmission infrastructure
- **Notable:** Developed more than 225 projects representing approximately 38 GW across four continents., Operates more than 25 GW of large-scale power infrastructure as of 2026., Grew from an eight-person founding team to more than 2,800 employees.

## Products & services

- **Land-based wind development** — Siting, permitting, financing, building, owning, and operating utility-scale wind farms.
- **Solar generation** — Utility-scale and community solar development, including corporate and utility power contracts.
- **Energy storage** — Battery facilities and hybrid projects that shift delivery and support grid stability.
- **Natural gas generation** — Development, ownership, and operation of dispatchable combined-cycle and peaking power plants.
- **Transmission infrastructure** — Development of long-distance and interregional power lines, including high-voltage direct current projects.
- **Invenergy Services** — Third-party and owned-asset operations, maintenance, remote monitoring, repair, training, and performance optimization.
- **Corporate energy solutions** — Physical and virtual power purchase agreements, ownership structures, joint development, and tailored multi-technology procurement.
- **Emerging energy and manufacturing** — Clean hydrogen, geothermal development, domestic solar manufacturing through Illuminate USA, and flexible data-center power concepts.

## Achievements

- Developed more than 225 projects representing approximately 38 GW across four continents.
- Operates more than 25 GW of large-scale power infrastructure as of 2026.
- Grew from an eight-person founding team to more than 2,800 employees.
- Contracted roughly 22 GW with utility customers and 6 GW with corporate customers.
- Built a portfolio that spans natural gas, wind, solar, storage, transmission, manufacturing, hydrogen, and geothermal development.
- Secured one of North America’s largest disclosed private renewable-energy equity commitments through Blackstone’s roughly $4 billion investment by 2023.
- Reached commercial operation at its first clean-hydrogen facility in 2025.
- Expanded its partnership with Meta to approximately 1.8 GW of contracted clean energy in 2025.

## Latest updates

- **2026-06** — Agreed to conclude four U.S. offshore-wind leases for $765 million in lease-fee reimbursements and redirect capital toward natural-gas and geothermal projects expected to move faster.
- **2026-04** — Jim Murphy became CEO, Michael Polsky moved to Executive Chairman, and Jim Shield became President of Invenergy Power.
- **2026-03** — Announced work with NVIDIA and Emerald AI on flexible AI factories designed to coordinate computing demand with grid conditions.
- **2025-11** — Canceled Leading Light Wind after supply-chain, equipment, vendor, and regulatory challenges made the project commercially difficult.
- **2025-07** — The U.S. Department of Energy terminated a conditional guarantee of up to $4.9 billion for Grain Belt Express Phase 1; Invenergy said the project would pursue private financing.
- **2025-06** — Added 791 MW in agreements with Meta, bringing the companies’ announced clean-energy relationship to about 1.8 GW.
- **2025-04** — Closed an upsized $2.5 billion revolving credit facility led by Natixis CIB.

## Links

- Website: https://invenergy.com
- LinkedIn: https://www.linkedin.com/company/invenergy-llc
- Twitter/X: https://twitter.com/invenergyllc
- YouTube: https://www.youtube.com/@InvenergyEnergy
- Facebook: https://facebook.com/InvenergyLLC

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Profile page: https://yespress.io/invenergy
Published by YesPress — https://yespress.io
Last updated: 2026-08-22