# Longroad Energy

> Longroad Energy develops, finances, owns and operates utility-scale solar, wind and battery-storage projects across North America. Founded in 2016 by former First Wind executives, the Boston company shifted from selling many completed projects to retaining a large operating fleet, pairing long-term power contracts with in-house asset management, remote monitoring and a growing power pipeline for utilities, community energy providers and data-center operators.

- **Founded:** 2016
- **Headquarters:** Boston, United States
- **Founders:** Paul Gaynor (CEO and Co-Founder), Peter Keel (President, CFO and Co-Founder), Michael Alvarez (Chief Risk Officer and Co-Founder), Charles Spiliotis (Chief Development Officer and Co-Founder)
- **Team size:** Approximately 240 employees in the supplied dataset; public LinkedIn data lists a 51-200 employee range.
- **Products:** Renewable project development, Owned operating assets, Asset management and operations, AI and cloud data-center infrastructure
- **Notable:** Developed or acquired 7.6 GW of renewable projects by July 2026., Raised $20.6 billion of equity, debt and tax equity to complete its portfolio by July 2026., Grew the owned wind, solar and storage portfolio to 5.8 GW and the operated or managed fleet to 7.4 GW by July 2026.

## Products & services

- **Renewable project development** — Site selection, land rights, interconnection, permitting, offtake, financing, engineering, construction management and commissioning for utility-scale solar, wind and storage.
- **Owned operating assets** — Long-term ownership of contracted wind, solar and battery-storage projects that sell electricity, capacity and environmental attributes.
- **Asset management and operations** — Full asset management, field operations, engineering, accounting, finance, compliance and 24/7 remote monitoring for Longroad and third-party owners.
- **AI and cloud data-center infrastructure** — Power and digital-infrastructure development aimed at hyperscalers and other large-load customers, with more than 10 GW of planned data-center load reported in 2026.

## Achievements

- Developed or acquired 7.6 GW of renewable projects by July 2026.
- Raised $20.6 billion of equity, debt and tax equity to complete its portfolio by July 2026.
- Grew the owned wind, solar and storage portfolio to 5.8 GW and the operated or managed fleet to 7.4 GW by July 2026.
- Built Sun Streams 4, its first project with financing above $1 billion, combining 377 MWdc of solar with 1,200 MWh of storage.
- Reached commercial operation at Sun Pond in May 2026, supplying two California public-power providers.
- Signed more than 1.3 GWac of renewable-project arrangements supporting Meta.
- Extended First Solar procurement to roughly 8 GW of modules ordered since 2017.
- Operates a 24/7 remote operations center and provides services across approximately 7.4 GW.

## Latest updates

- **2026-07** — Expanded the executive leadership team and reported 5.8 GW owned, 7.4 GW managed, a 36 GW energy pipeline and more than 10 GW of planned data-center load.
- **2026-05** — Sun Pond reached commercial operation with 111 MWdc of solar and 340 MWh of battery storage under PPAs with Ava Community Energy and San José Clean Energy.
- **2025-09** — Reached financial close and started construction on 1000 Mile Solar, a 400 MWdc Texas project contracted with Meta.
- **2024-12** — Signed a long-term agreement with Meta for the full output of 1000 Mile, taking the relationship above 1.3 GWac.
- **2024-12** — Closed financing for Sun Pond, an Arizona solar-plus-storage project.
- **2024-03** — Closed financing for Serrano, pairing 220 MWdc of solar with an 855 MWh battery system in Arizona.

## Links

- Website: https://www.longroadenergy.com/
- LinkedIn: https://www.linkedin.com/company/longroad-energy-partners/
- Twitter/X: https://twitter.com/longroadtweet
- Facebook: https://facebook.com/longroadenergy/

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