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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.

VALUATION · TODAY
$6.37B −36% after Growth
Range $1.93B – $9.69B · Grade C
TODAY
+12 MO
$2.00B
$4.00B
$6.00B
$8.00B
$10.00B
2019
2020
2021
2022
2023
2024
2025
2026
2027
Growth $460M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY81 employees
+14%6m growth
+14%1y growth
+45%2y growth
50
100
Data from Jan 2021
TODAY
Predicted in 1 yr $4.11B −36% vs today
Predicted next raise $573M if a round comes
Winding-down probability 0%
Last round
Growth · $460M · Feb 2024
Valuation at last round
$5.11B · implied
Headcount
81 · up
Grade
C
Founded
2018
How VCMC values companies →

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.

rPlus Energies: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2018$9.63M$3.51M – $26.5M$13.2M (+37%)before first round–unknownD0%
1 Feb 2018$9.89M$3.60M – $27.2M$13.6M (+37%)before first round–unknownD0%
1 Mar 2018$10.1M$3.69M – $27.8M$13.9M (+37%)before first round–unknownD0%
1 Apr 2018$10.4M$3.79M – $28.6M$14.3M (+37%)before first round–unknownD0%
1 May 2018$10.7M$3.89M – $29.3M$14.6M (+37%)before first round–unknownD0%
1 Jun 2018$11.0M$3.99M – $30.1M$15.0M (+37%)before first round–unknownD0%
1 Jul 2018$11.3M$4.10M – $30.9M$15.4M (+37%)before first round–unknownD0%
1 Aug 2018$11.6M$4.21M – $31.8M$15.6M (+35%)before first round–unknownD0%
1 Sep 2018$11.9M$4.33M – $32.6M$15.7M (+32%)before first round–unknownD0%
1 Oct 2018$12.2M$4.44M – $33.5M$15.9M (+30%)before first round–unknownD0%
1 Nov 2018$12.5M$4.56M – $34.4M$16.0M (+28%)before first round–unknownD0%
1 Dec 2018$12.9M$4.68M – $35.3M$16.2M (+26%)before first round–unknownD0%
1 Jan 2019$13.2M$4.81M – $36.3M$16.3M (+24%)before first round–unknownD0%
1 Feb 2019$13.6M$4.94M – $37.3M$16.5M (+21%)before first round–unknownD0%
1 Mar 2019$13.9M$5.06M – $38.2M$16.6M (+19%)before first round–unknownD0%
1 Apr 2019$14.3M$5.20M – $39.2M$16.8M (+17%)before first round–unknownD0%
1 May 2019$14.6M$5.33M – $40.2M$16.9M (+15%)before first round–unknownD0%
1 Jun 2019$15.0M$5.48M – $41.3M$17.1M (+13%)before first round–unknownD0%
1 Jul 2019$15.4M$5.62M – $42.4M$17.2M (+11%)before first round–unknownD0%
1 Aug 2019$15.6M$5.68M – $42.8M$17.4M (+11%)before first round–unknownD0%
1 Sep 2019$15.7M$5.73M – $43.2M$17.5M (+11%)before first round–unknownD0%
1 Oct 2019$15.9M$5.78M – $43.6M$17.7M (+11%)before first round–unknownD0%
1 Nov 2019$16.0M$5.83M – $44.0M$17.8M (+11%)before first round–unknownD0%
1 Dec 2019$16.2M$5.89M – $44.4M$18.0M (+11%)before first round–unknownD0%
1 Jan 2020$16.3M$5.94M – $44.8M$18.2M (+11%)before first round–unknownD0%
1 Feb 2020$16.5M$5.99M – $45.2M$18.3M (+11%)before first round–unknownD0%
1 Mar 2020$16.6M$6.05M – $45.6M$18.5M (+11%)before first round–unknownD0%
1 Apr 2020$16.8M$6.10M – $46.0M$18.7M (+11%)before first round–unknownD0%
1 May 2020$16.9M$6.16M – $46.4M$18.8M (+11%)before first round–unknownD0%
1 Jun 2020$17.1M$6.21M – $46.9M$19.0M (+11%)before first round–unknownD0%
1 Jul 2020$17.2M$6.27M – $47.3M$19.2M (+11%)before first round–unknownD0%
1 Aug 2020$17.4M$6.33M – $47.7M$19.3M (+11%)before first round–unknownD0%
1 Sep 2020$17.5M$6.38M – $48.2M$19.5M (+11%)before first round–unknownD0%
1 Oct 2020$17.7M$6.44M – $48.6M$19.7M (+11%)before first round–unknownD0%
1 Nov 2020$17.9M$6.50M – $49.0M$19.9M (+11%)before first round–unknownD0%
1 Dec 2020$18.0M$6.56M – $49.5M$20.1M (+11%)before first round–unknownD0%
1 Jan 2021$16.3M$5.92M – $44.6M$18.1M (+11%)before first round8unknownD0%
1 Feb 2021$16.4M$5.97M – $45.1M$18.2M (+11%)before first round8unknownD0%
1 Mar 2021$16.5M$6.02M – $45.4M$18.4M (+11%)before first round8unknownD0%
1 Apr 2021$16.7M$6.08M – $45.8M$18.5M (+11%)before first round8unknownD0%
1 May 2021$16.8M$6.13M – $46.3M$18.6M (+11%)before first round8unknownD0%
1 Jun 2021$17.0M$6.19M – $46.7M$18.8M (+10%)before first round8unknownD0%
1 Jul 2021$17.1M$6.24M – $47.1M$18.9M (+10%)before first round8unknownD0%
1 Aug 2021$17.3M$6.30M – $47.5M$19.1M (+10%)before first round8unknownD0%
1 Sep 2021$17.5M$6.36M – $48.0M$19.2M (+10%)before first round8unknownD0%
1 Oct 2021$17.6M$6.41M – $48.4M$19.3M (+10%)before first round8unknownD0%
1 Nov 2021$17.8M$6.47M – $48.8M$19.5M (+10%)before first round8unknownD0%
1 Dec 2021$17.9M$6.53M – $49.3M$19.6M (+9%)before first round8unknownD0%
1 Jan 2022$18.1M$6.59M – $49.7M$19.8M (+9%)before first round8unknownD0%
1 Feb 2022$31.0M$13.3M – $61.6M$33.9M (+9%)before first round29growingC0%
1 Mar 2022$31.2M$13.4M – $62.1M$34.1M (+9%)before first round29growingC0%
1 Apr 2022$31.5M$13.5M – $62.5M$34.4M (+9%)before first round29growingC0%
1 May 2022$31.7M$13.6M – $63.0M$34.6M (+9%)before first round29growingC0%
1 Jun 2022$31.9M$13.7M – $63.4M$34.9M (+9%)before first round29growingC0%
1 Jul 2022$32.2M$13.8M – $63.9M$35.1M (+9%)before first round29growingC0%
1 Aug 2022$32.4M$13.9M – $64.4M$35.4M (+9%)before first round29growingC0%
1 Sep 2022$32.7M$14.0M – $64.9M$35.7M (+9%)before first round29growingC0%
1 Oct 2022$32.9M$14.1M – $65.3M$35.9M (+9%)before first round29growingC0%
1 Nov 2022$24.0M$8.73M – $65.8M$26.2M (+9%)before first round29unknownD0%
1 Dec 2022$24.1M$8.79M – $66.3M$26.4M (+9%)before first round29unknownD0%
1 Jan 2023$36.5M$15.6M – $72.5M$39.8M (+9%)before first round48growingC0%
1 Feb 2023$36.8M$15.7M – $73.0M$40.1M (+9%)before first round48growingC0%
1 Mar 2023$37.0M$15.8M – $73.5M$40.4M (+9%)before first round48growingC0%
1 Apr 2023$37.3M$16.0M – $74.1M$40.7M (+9%)before first round48growingC0%
1 May 2023$37.6M$16.1M – $74.6M$41.0M (+9%)before first round48growingC0%
1 Jun 2023$37.8M$16.2M – $75.2M$41.3M (+9%)before first round48growingC0%
1 Jul 2023$38.1M$16.3M – $75.7M$41.6M (+9%)before first round48growingC0%
1 Aug 2023$38.4M$16.4M – $76.3M$41.1M (+7%)before first round48growingC0%
1 Sep 2023$28.0M$10.2M – $76.8M$29.3M (+5%)before first round48unknownD0%
1 Oct 2023$27.8M$10.1M – $76.3M$28.5M (+2%)before first round44flatD44%
1 Nov 2023$28.0M$10.2M – $76.9M$28.1M (0%)before first round44flatD44%
1 Dec 2023$28.2M$10.3M – $77.5M$27.7M (-2%)before first round44flatD44%
1 Jan 2024$28.4M$10.3M – $78.0M$27.3M (-4%)before first round44flatD44%
1 Feb 2024$28.6M$10.4M – $78.6M$26.9M (-6%)before first round44flatD44%
23 Feb 2024$5.1B$3.4B – $8.2B$5.4B (+5%)after a round44flatB44%
1 Mar 2024$5.1B$3.4B – $8.3B$5.5B (+7%)after a round46flatB27%
1 Apr 2024$5.1B$3.4B – $8.3B$5.4B (+5%)after a round46flatB27%
1 May 2024$5.2B$3.4B – $8.3B$5.4B (+4%)after a round46flatB27%
1 Jun 2024$5.2B$3.4B – $8.3B$5.3B (+2%)after a round46flatB27%
1 Jul 2024$5.2B$3.4B – $8.3B$5.3B (+1%)after a round46flatB27%
1 Aug 2024$5.4B$3.5B – $8.7B$5.5B (+2%)after a round56upB25%
1 Sep 2024$5.5B$3.5B – $8.7B$5.5B (+1%)after a round56upB23%
1 Oct 2024$5.5B$3.5B – $8.8B$5.5B (0%)after a round56upB21%
1 Nov 2024$5.6B$3.6B – $8.9B$5.6B (-1%)after a round60growingB19%
1 Dec 2024$5.7B$3.6B – $8.9B$5.6B (-2%)after a round60growingB18%
1 Jan 2025$5.8B$3.6B – $8.9B$5.6B (-3%)after a round60growingB16%
1 Feb 2025$5.8B$3.6B – $8.9B$5.6B (-4%)after a round60growingB15%
1 Mar 2025$5.9B$3.5B – $9.0B$5.6B (-5%)after a round60growingB14%
1 Apr 2025$5.9B$3.5B – $9.0B$5.6B (-5%)after a round60growingB13%
1 May 2025$5.8B$3.3B – $9.0B$5.6B (-5%)after a round60upB12%
1 Jun 2025$5.8B$3.2B – $9.0B$5.6B (-4%)after a round60upB11%
1 Jul 2025$5.8B$3.1B – $9.0B$5.6B (-4%)after a round60upB10%
1 Aug 2025$6.0B$3.5B – $9.4B$5.8B (-4%)after a round71growingB9%
1 Sep 2025$6.0B$3.4B – $9.4B$5.8B (-3%)after a round71growingB8%
1 Oct 2025$6.0B$3.0B – $9.4B$5.8B (-3%)after a round71upB8%
1 Nov 2025$6.0B$2.9B – $9.4B$5.9B (-3%)after a round71upB7%
1 Dec 2025$6.0B$2.8B – $9.4B$5.9B (-3%)after a round71upB6%
1 Jan 2026$6.0B$2.8B – $9.4B$5.9B (-3%)after a round71upC6%
1 Feb 2026$6.0B$2.7B – $9.4B$5.9B (-2%)after a round71upC6%
1 Mar 2026$6.0B$2.4B – $9.4B$5.9B (-3%)after a round71upC5%
1 Apr 2026$6.0B$2.3B – $9.4B$5.9B (-3%)after a round71upC5%
1 May 2026$6.1B$2.3B – $9.5B$5.9B (-3%)after a round74upC4%
1 Jun 2026$6.1B$1.7B – $9.5B$5.8B (-4%)after a round74flatC4%
1 Jul 2026$6.1B$1.7B – $9.5B$5.8B (-5%)after a round74flatC4%
1 Aug 2026$6.2B$1.6B – $9.5B$6.0B (-4%)after a round74flatC0%
1 Sep 2026$6.2B$1.5B – $9.5B$6.0B (-4%)after a round74flatC0%
1 Oct 2026$6.4B$2.0B – $9.7B$6.2B (-3%)after a round81upC0%
24 Oct 2026$6.4B$1.9B – $9.7B$4.1B (-36%)after a round81upC0%

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.

  1. Debt 5 Jun 2025no round page

    Led by RBC Community Investments; with FJ Management.

    Sources: rplusenergies.com, renewablewatch.in, sandbrook.com

    $500M

  2. 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

  3. 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.