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Aspen Power

Renewable Energy Mercer County, Pennsylvania ~500 employees
Founded
--
Employees (Est.)
~500
25 leaders known
Total Funding
$739.0M
Funding Rounds
5
Last Funding
2026-01-12

About Aspen Power

Aspen Power is a distributed energy generation platform focused on accelerating and democratizing decarbonization. Their mission is to build a clean energy future by partnering with businesses, communities, and industry stakeholders to develop, construct, and operate renewable energy assets and storage solutions.

Products & Services

Community Solar:Allows landowners to lease roof or land for additional income and collaborates with solar developers to bring projects to fruition.
Commercial & Industrial Solar:Develops premier solar and storage projects for leading businesses to reduce electricity costs or lease roof space.
Solar Development:Provides competitive and flexible financial solutions for solar developers and installers.
Public Sector Solar:Brings renewable energy developments to communities seeking energy savings.
Multifamily Solar:Offers turn-key solutions to increase property value, improve tenant experience, and achieve ESG metrics.
Landowner Hosting:Enables landowners to create predictable cashflows by leasing property for solar projects for decades.
Photovoltaics:Includes commercial & industrial rooftop solar, solar parking canopies, and ground-mounted solar solutions to transform underutilized land into clean energy assets.
Battery Storage:Reduces electricity costs with tailored programs to meet specific objectives.
EV Charging:Provides clean energy amenities powered by solar for electric vehicle charging.
Artificial Intelligence:Applies AI in solar development to optimize panel placement, predict output, reduce costs, and improve efficiency.
Project Financing:Specializes in funding solutions for solar projects, including Power Purchase Agreements (PPAs) to eliminate upfront costs.
O&M and Project Optimization:Focuses on operations, maintenance, and optimization of solar projects.

Specialties

Project Finance Solar Development Operations & Maintenance (O&M) Project Optimization Artificial Intelligence in Solar Battery Storage EV Charging Solutions

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 200000000
MR: -
FA: $200 million
FAN: 200000000
D: 2026-01-12
FD: 2026-01-12
1 investors
2 RT: Tax Equity Financing
T: -
FT: Tax Equity Financing
A: 66000000
MR: -
FA: $66 million
FAN: 66000000
D: 2025-09-05
FD: 2025-09-05
1 investors
3 RT: Debt and Equity Financing
T: -
FT: Debt and Equity Financing
A: 142000000
MR: -
FA: $142 million construction-to-term credit facility and $50 million revolving credit facility
FAN: 142000000
D: 2025-02-19
FD: 2025-02-19
3 investors
4 RT: Debt
T: -
FT: Debt
A: 241000000
MR: -
FA: $241 million
FAN: 241000000
D: 2024-01-16
FD: 2024-01-16
3 investors
5 RT: Debt
T: -
FT: Debt
A: 90000000
MR: -
FA: $90 million
FAN: 90000000
D: 2023-07-11
FD: 2023-07-11
2 investors
Debt Latest
2026-01-12
$200.0M
1 investor (Pro only)
Tax Equity Financing 2025-09-05
$66.0M
Debt and Equity Financing 2025-02-19
$142.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

J

Jorge E. Vargas

CHIEF EXECUTIVE OFFICER

B

Bill Delong

CHIEF FINANCIAL OFFICER

S

Scott Delaney

Chief Operating Officer

I

Iris Zhao

Analyst

E

Eric Aubrey

VP, EXECUTION

A

Aaron Bartell

GENERAL COUNSEL

View 22 more team members with Pro

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Recent News

Aspen Power Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Renewable Energy
Company Size
~500 employees (est.)
Locations
Mercer County, Pennsylvania
U.S.

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