rPlus Energies valuation, funding and investors
rPlus Energies works in renewable energy project development, based in Salt Lake City, United States. Founded in 2018, it has about 81 employees.
- Last round
- Growth · $460M · Feb 2024
- Valuation at last round
- $5.11B · implied
- Headcount
- 81 · up
- Grade
- C
- Founded
- 2018
rPlus Energies valuation today
VCMC values rPlus Energies at $6.4B today, with a range of $1.9B to $9.7B and a grade of C. The valuation starts from its last funding round, a growth round in Feb 2024.
Valuation by date (108 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2018 | $9.63M | $3.51M – $26.5M | $13.2M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2018 | $9.89M | $3.60M – $27.2M | $13.6M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2018 | $10.1M | $3.69M – $27.8M | $13.9M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2018 | $10.4M | $3.79M – $28.6M | $14.3M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2018 | $10.7M | $3.89M – $29.3M | $14.6M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2018 | $11.0M | $3.99M – $30.1M | $15.0M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2018 | $11.3M | $4.10M – $30.9M | $15.4M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2018 | $11.6M | $4.21M – $31.8M | $15.6M (+35%) | before first round | – | unknown | D | 0% |
| 1 Sep 2018 | $11.9M | $4.33M – $32.6M | $15.7M (+32%) | before first round | – | unknown | D | 0% |
| 1 Oct 2018 | $12.2M | $4.44M – $33.5M | $15.9M (+30%) | before first round | – | unknown | D | 0% |
| 1 Nov 2018 | $12.5M | $4.56M – $34.4M | $16.0M (+28%) | before first round | – | unknown | D | 0% |
| 1 Dec 2018 | $12.9M | $4.68M – $35.3M | $16.2M (+26%) | before first round | – | unknown | D | 0% |
| 1 Jan 2019 | $13.2M | $4.81M – $36.3M | $16.3M (+24%) | before first round | – | unknown | D | 0% |
| 1 Feb 2019 | $13.6M | $4.94M – $37.3M | $16.5M (+21%) | before first round | – | unknown | D | 0% |
| 1 Mar 2019 | $13.9M | $5.06M – $38.2M | $16.6M (+19%) | before first round | – | unknown | D | 0% |
| 1 Apr 2019 | $14.3M | $5.20M – $39.2M | $16.8M (+17%) | before first round | – | unknown | D | 0% |
| 1 May 2019 | $14.6M | $5.33M – $40.2M | $16.9M (+15%) | before first round | – | unknown | D | 0% |
| 1 Jun 2019 | $15.0M | $5.48M – $41.3M | $17.1M (+13%) | before first round | – | unknown | D | 0% |
| 1 Jul 2019 | $15.4M | $5.62M – $42.4M | $17.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2019 | $15.6M | $5.68M – $42.8M | $17.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2019 | $15.7M | $5.73M – $43.2M | $17.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2019 | $15.9M | $5.78M – $43.6M | $17.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2019 | $16.0M | $5.83M – $44.0M | $17.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2019 | $16.2M | $5.89M – $44.4M | $18.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2020 | $16.3M | $5.94M – $44.8M | $18.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $16.5M | $5.99M – $45.2M | $18.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $16.6M | $6.05M – $45.6M | $18.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $16.8M | $6.10M – $46.0M | $18.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $16.9M | $6.16M – $46.4M | $18.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $17.1M | $6.21M – $46.9M | $19.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $17.2M | $6.27M – $47.3M | $19.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $17.4M | $6.33M – $47.7M | $19.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $17.5M | $6.38M – $48.2M | $19.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $17.7M | $6.44M – $48.6M | $19.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $17.9M | $6.50M – $49.0M | $19.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $18.0M | $6.56M – $49.5M | $20.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $16.3M | $5.92M – $44.6M | $18.1M (+11%) | before first round | 8 | unknown | D | 0% |
| 1 Feb 2021 | $16.4M | $5.97M – $45.1M | $18.2M (+11%) | before first round | 8 | unknown | D | 0% |
| 1 Mar 2021 | $16.5M | $6.02M – $45.4M | $18.4M (+11%) | before first round | 8 | unknown | D | 0% |
| 1 Apr 2021 | $16.7M | $6.08M – $45.8M | $18.5M (+11%) | before first round | 8 | unknown | D | 0% |
| 1 May 2021 | $16.8M | $6.13M – $46.3M | $18.6M (+11%) | before first round | 8 | unknown | D | 0% |
| 1 Jun 2021 | $17.0M | $6.19M – $46.7M | $18.8M (+10%) | before first round | 8 | unknown | D | 0% |
| 1 Jul 2021 | $17.1M | $6.24M – $47.1M | $18.9M (+10%) | before first round | 8 | unknown | D | 0% |
| 1 Aug 2021 | $17.3M | $6.30M – $47.5M | $19.1M (+10%) | before first round | 8 | unknown | D | 0% |
| 1 Sep 2021 | $17.5M | $6.36M – $48.0M | $19.2M (+10%) | before first round | 8 | unknown | D | 0% |
| 1 Oct 2021 | $17.6M | $6.41M – $48.4M | $19.3M (+10%) | before first round | 8 | unknown | D | 0% |
| 1 Nov 2021 | $17.8M | $6.47M – $48.8M | $19.5M (+10%) | before first round | 8 | unknown | D | 0% |
| 1 Dec 2021 | $17.9M | $6.53M – $49.3M | $19.6M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Jan 2022 | $18.1M | $6.59M – $49.7M | $19.8M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Feb 2022 | $31.0M | $13.3M – $61.6M | $33.9M (+9%) | before first round | 29 | growing | C | 0% |
| 1 Mar 2022 | $31.2M | $13.4M – $62.1M | $34.1M (+9%) | before first round | 29 | growing | C | 0% |
| 1 Apr 2022 | $31.5M | $13.5M – $62.5M | $34.4M (+9%) | before first round | 29 | growing | C | 0% |
| 1 May 2022 | $31.7M | $13.6M – $63.0M | $34.6M (+9%) | before first round | 29 | growing | C | 0% |
| 1 Jun 2022 | $31.9M | $13.7M – $63.4M | $34.9M (+9%) | before first round | 29 | growing | C | 0% |
| 1 Jul 2022 | $32.2M | $13.8M – $63.9M | $35.1M (+9%) | before first round | 29 | growing | C | 0% |
| 1 Aug 2022 | $32.4M | $13.9M – $64.4M | $35.4M (+9%) | before first round | 29 | growing | C | 0% |
| 1 Sep 2022 | $32.7M | $14.0M – $64.9M | $35.7M (+9%) | before first round | 29 | growing | C | 0% |
| 1 Oct 2022 | $32.9M | $14.1M – $65.3M | $35.9M (+9%) | before first round | 29 | growing | C | 0% |
| 1 Nov 2022 | $24.0M | $8.73M – $65.8M | $26.2M (+9%) | before first round | 29 | unknown | D | 0% |
| 1 Dec 2022 | $24.1M | $8.79M – $66.3M | $26.4M (+9%) | before first round | 29 | unknown | D | 0% |
| 1 Jan 2023 | $36.5M | $15.6M – $72.5M | $39.8M (+9%) | before first round | 48 | growing | C | 0% |
| 1 Feb 2023 | $36.8M | $15.7M – $73.0M | $40.1M (+9%) | before first round | 48 | growing | C | 0% |
| 1 Mar 2023 | $37.0M | $15.8M – $73.5M | $40.4M (+9%) | before first round | 48 | growing | C | 0% |
| 1 Apr 2023 | $37.3M | $16.0M – $74.1M | $40.7M (+9%) | before first round | 48 | growing | C | 0% |
| 1 May 2023 | $37.6M | $16.1M – $74.6M | $41.0M (+9%) | before first round | 48 | growing | C | 0% |
| 1 Jun 2023 | $37.8M | $16.2M – $75.2M | $41.3M (+9%) | before first round | 48 | growing | C | 0% |
| 1 Jul 2023 | $38.1M | $16.3M – $75.7M | $41.6M (+9%) | before first round | 48 | growing | C | 0% |
| 1 Aug 2023 | $38.4M | $16.4M – $76.3M | $41.1M (+7%) | before first round | 48 | growing | C | 0% |
| 1 Sep 2023 | $28.0M | $10.2M – $76.8M | $29.3M (+5%) | before first round | 48 | unknown | D | 0% |
| 1 Oct 2023 | $27.8M | $10.1M – $76.3M | $28.5M (+2%) | before first round | 44 | flat | D | 44% |
| 1 Nov 2023 | $28.0M | $10.2M – $76.9M | $28.1M (0%) | before first round | 44 | flat | D | 44% |
| 1 Dec 2023 | $28.2M | $10.3M – $77.5M | $27.7M (-2%) | before first round | 44 | flat | D | 44% |
| 1 Jan 2024 | $28.4M | $10.3M – $78.0M | $27.3M (-4%) | before first round | 44 | flat | D | 44% |
| 1 Feb 2024 | $28.6M | $10.4M – $78.6M | $26.9M (-6%) | before first round | 44 | flat | D | 44% |
| 23 Feb 2024 | $5.1B | $3.4B – $8.2B | $5.4B (+5%) | after a round | 44 | flat | B | 44% |
| 1 Mar 2024 | $5.1B | $3.4B – $8.3B | $5.5B (+7%) | after a round | 46 | flat | B | 27% |
| 1 Apr 2024 | $5.1B | $3.4B – $8.3B | $5.4B (+5%) | after a round | 46 | flat | B | 27% |
| 1 May 2024 | $5.2B | $3.4B – $8.3B | $5.4B (+4%) | after a round | 46 | flat | B | 27% |
| 1 Jun 2024 | $5.2B | $3.4B – $8.3B | $5.3B (+2%) | after a round | 46 | flat | B | 27% |
| 1 Jul 2024 | $5.2B | $3.4B – $8.3B | $5.3B (+1%) | after a round | 46 | flat | B | 27% |
| 1 Aug 2024 | $5.4B | $3.5B – $8.7B | $5.5B (+2%) | after a round | 56 | up | B | 25% |
| 1 Sep 2024 | $5.5B | $3.5B – $8.7B | $5.5B (+1%) | after a round | 56 | up | B | 23% |
| 1 Oct 2024 | $5.5B | $3.5B – $8.8B | $5.5B (0%) | after a round | 56 | up | B | 21% |
| 1 Nov 2024 | $5.6B | $3.6B – $8.9B | $5.6B (-1%) | after a round | 60 | growing | B | 19% |
| 1 Dec 2024 | $5.7B | $3.6B – $8.9B | $5.6B (-2%) | after a round | 60 | growing | B | 18% |
| 1 Jan 2025 | $5.8B | $3.6B – $8.9B | $5.6B (-3%) | after a round | 60 | growing | B | 16% |
| 1 Feb 2025 | $5.8B | $3.6B – $8.9B | $5.6B (-4%) | after a round | 60 | growing | B | 15% |
| 1 Mar 2025 | $5.9B | $3.5B – $9.0B | $5.6B (-5%) | after a round | 60 | growing | B | 14% |
| 1 Apr 2025 | $5.9B | $3.5B – $9.0B | $5.6B (-5%) | after a round | 60 | growing | B | 13% |
| 1 May 2025 | $5.8B | $3.3B – $9.0B | $5.6B (-5%) | after a round | 60 | up | B | 12% |
| 1 Jun 2025 | $5.8B | $3.2B – $9.0B | $5.6B (-4%) | after a round | 60 | up | B | 11% |
| 1 Jul 2025 | $5.8B | $3.1B – $9.0B | $5.6B (-4%) | after a round | 60 | up | B | 10% |
| 1 Aug 2025 | $6.0B | $3.5B – $9.4B | $5.8B (-4%) | after a round | 71 | growing | B | 9% |
| 1 Sep 2025 | $6.0B | $3.4B – $9.4B | $5.8B (-3%) | after a round | 71 | growing | B | 8% |
| 1 Oct 2025 | $6.0B | $3.0B – $9.4B | $5.8B (-3%) | after a round | 71 | up | B | 8% |
| 1 Nov 2025 | $6.0B | $2.9B – $9.4B | $5.9B (-3%) | after a round | 71 | up | B | 7% |
| 1 Dec 2025 | $6.0B | $2.8B – $9.4B | $5.9B (-3%) | after a round | 71 | up | B | 6% |
| 1 Jan 2026 | $6.0B | $2.8B – $9.4B | $5.9B (-3%) | after a round | 71 | up | C | 6% |
| 1 Feb 2026 | $6.0B | $2.7B – $9.4B | $5.9B (-2%) | after a round | 71 | up | C | 6% |
| 1 Mar 2026 | $6.0B | $2.4B – $9.4B | $5.9B (-3%) | after a round | 71 | up | C | 5% |
| 1 Apr 2026 | $6.0B | $2.3B – $9.4B | $5.9B (-3%) | after a round | 71 | up | C | 5% |
| 1 May 2026 | $6.1B | $2.3B – $9.5B | $5.9B (-3%) | after a round | 74 | up | C | 4% |
| 1 Jun 2026 | $6.1B | $1.7B – $9.5B | $5.8B (-4%) | after a round | 74 | flat | C | 4% |
| 1 Jul 2026 | $6.1B | $1.7B – $9.5B | $5.8B (-5%) | after a round | 74 | flat | C | 4% |
| 1 Aug 2026 | $6.2B | $1.6B – $9.5B | $6.0B (-4%) | after a round | 74 | flat | C | 0% |
| 1 Sep 2026 | $6.2B | $1.5B – $9.5B | $6.0B (-4%) | after a round | 74 | flat | C | 0% |
| 1 Oct 2026 | $6.4B | $2.0B – $9.7B | $6.2B (-3%) | after a round | 81 | up | C | 0% |
| 24 Oct 2026 | $6.4B | $1.9B – $9.7B | $4.1B (-36%) | after a round | 81 | up | C | 0% |
Key facts about rPlus Energies
- Founded
- 2018
- Headquarters
- Salt Lake City, United States
- Employees
- about 81 +14% in a year
- Total raised
- $1.96B
- Funding rounds
- 3
- Last round
- Debt Jun 2025
rPlus Energies was founded in 2018 by Christian Gardner and Luigi Resta.
rPlus Energies funding history
rPlus Energies has 3 funding rounds on record, from Feb 2024 to Jun 2025, $1.96B in total. None disclosed a valuation.
Debt 5 Jun 2025no round page
Led by RBC Community Investments; with FJ Management.
Sources: rplusenergies.com, renewablewatch.in, sandbrook.com
$500M
Debt 16 Jul 2024no round page
With Crédit Agricole Corporate and Investment Bank, KeyBanc Capital Markets, MUFG Bank, Ltd., Truist Securities Inc., Wells Fargo Securities, LLC.
Sources: sandbrook.com, rplusenergies.com, axios.com and 4 more
$1.00B
Growth Equity 22 Feb 2024
With Sandbrook Capital, Gardner Group.
Sources: rplusenergies.com, sandbrook.com, gardnergroup.com and 2 more
$460M
rPlus Energies investors
9 investors have backed rPlus Energies; RBC Community Investments led at least one round.
- RBC Community Investments lead
- Crédit Agricole Corporate and Investment Bank
- FJ Management
- Gardner Group
- KeyBanc Capital Markets
- MUFG Bank, Ltd.
- Truist Securities Inc.
- Wells Fargo Securities, LLC
What rPlus Energies does
rPlus Energies works in wind energy equipment & services, with 15 recorded offerings and customers in renewable energy, utilities, mining and manufacturing.
rPlus Energies, LLC is an American renewable energy company engaged in the development, financing, construction, ownership, and operation of large-scale renewable energy generation and storage projects. The company provides power generation and storage solutions for utilities, industries, and corporate clients, including data centers, mining, and manufacturing. rPlus Energies operates in the American West, with a focus on Utah, and manages a portfolio that includes solar, wind, battery, and pumped storage hydro facilities. The company also participates in partnerships with private sector firms, municipalities, utilities, and technology providers, and is involved in workforce development initiatives.
Description from Veridion's company data.
Products and services
- Renewable Energy Project Development
- Renewable Energy Project Financing
- Renewable Energy Project Construction
- Renewable Energy Project Ownership and Operation
- Utility-Scale Solar Project Development
- Wind Energy Project Development
- Battery Storage Project Development
- Pumped Storage Hydro Project Development
- Renewable Energy Asset Operation and Maintenance
- Renewable Energy Asset Sales and Marketing
- Energy Storage Solutions Development
- Energy Mix Optimization Consulting
- Renewable Energy Industry Partnership Development
- Workforce Development Services
- Energy Sector Scholarship Services
Markets
- Renewable Energy
- Utilities
- Mining
- Manufacturing
Business model
- Business-to-Business
- Enterprise
- Real Estate Development
Industry codes (NAICS)
- 221114 Solar Electric Power Generation 40% match
- 221115 Wind Electric Power Generation 25% match
- 221111 Hydroelectric Power Generation 20% match
- 221118 Other Electric Power Generation 15% match
Questions about rPlus Energies
What is rPlus Energies worth?
Valuation $6.4B (range $1.9B to $9.7B), as of 24 Oct 2026.
Has rPlus Energies raised money?
rPlus Energies has 3 funding rounds on record, from Feb 2024 to Jun 2025, $1.96B in total. None disclosed a valuation.
Who has invested in rPlus Energies?
RBC Community Investments, Crédit Agricole Corporate and Investment Bank, FJ Management, Gardner Group, KeyBanc Capital Markets and MUFG Bank, Ltd., and 3 more. Lead investors include RBC Community Investments.
How many people work at rPlus Energies?
About 81, up 14% over the last year. Headcount grew from 8 in Jan 2021 to 81 in Sep 2026.
What does rPlus Energies do?
rPlus Energies works in wind energy equipment & services, with 15 recorded offerings and customers in renewable energy, utilities, mining and manufacturing. Its main offerings are renewable energy project development, renewable energy project financing and renewable energy project construction.
When was rPlus Energies founded, and where is it based?
rPlus Energies was founded in 2018 and is based in Salt Lake City, United States. It has about 81 employees, up 14% over the last year.