Who we are
About Us
Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its global customers. We develop some of the world’s largest clean energy resources, providing low-carbon electricity, fuels, and related products to customers for U.S. consumption and international export. We have a base portfolio of 2.2 GW of solar PV and 2.4 GWh of storage. Our business plan includes growth in grid-tied renewables, as well as large-scale clean energy assets such as green hydrogen.
Why We are Different
Company Timeline
- 2016
Intersect Power Formation
Intersect Power Formation
March 1, 2016 - 2017
Intersect announces investment by Macquarie in IP Renewable Energy Holdings to fund development pipeline
Intersect announces investment by Macquarie in IP Renewable Energy Holdings to fund development pipeline
March 1, 2017 - 2019
Softbank Energy purchases Macquarie’s stake in IP Renewable Energy Holdings
Softbank Energy purchases Macquarie’s stake in IP Renewable Energy Holdings
March 1, 2019 - 2020
Intersect raises ~$130MM equity from CAI, Greenbelt and ~$480MM credit facility with Generate and Carval. Intersect closes sale of 1.7 GW of NTP U.S. solar projects to Softbank Energy
Intersect raises ~$130MM equity from CAI, Greenbelt and ~$480MM credit facility with Generate and Carval. Intersect closes sale of 1.7 GW of NTP U.S. solar projects to Softbank Energy
March 1, 2020 - 2021
Financial closing on $2.6B term financing for entire portfolio through 2023.
Financial closing on $2.6B term financing for entire portfolio through 2023.
March 1, 2021Financial closing on $2.6B financing for entire portfolio through 2023
- 2022
Intersect raises $750MM growth equity from TPG Rise Climate, CAI, Greenbelt | Financial close of $3.1B additional financing for 2023 projects
Intersect raises $750MM growth equity from TPG Rise Climate, CAI, Greenbelt | Financial close of $3.1B additional financing for 2023 projects
March 1, 2022Intersect raises $750MM growth equity from TPG Rise Climate, CAI, Trilantic | Financial close of $3.1B additional financing for 2023 projects
- 2023
Intersect raises additional $310MM growth equity from existing investors | Financial close of a corporate loan of up to $800MM
Intersect raises additional $310MM growth equity from existing investors | Financial close of a corporate loan of up to $800MM
October 2, 2023Intersect raises additional $310MM growth equity from existing investors | Financial close of a corporate loan of up to $800MM
- 2024
Financial close of $837M financing for 1 GWh of BESS
Financial close of $837M financing for 1 GWh of BESS
April 1, 2024Financial close of $837M financing for 1 GWh of BESS
- 2024
$800M capital investment led by TPG, with participation from CAI, Google, and Greenbelt Capital Partners
$800M capital investment led by TPG, with participation from CAI, Google, and Greenbelt Capital Partners
April 1, 2024$800M capital investment led by TPG, with participation from CAI, Google, and Greenbelt Capital Partners
OUR VISION
Build the most innovative, resource-efficient, and scalable vertically integrated clean energy company.
U.S. Based Supply Chain
Our Team
Executive Leadership
Sheldon Kimber
Chief Executive Officer,
Founder
Luke Dunnington
Simon Ross
Nick Pape
John Cook
Jen Manter
Nick Spicer
Chief Operating Officer