Leeward Renewable Energy

Leeward Renewable Energy

Independent operator of wind, solar, storage

Overview

Leeward Renewable Energy develops and operates utility-scale wind, solar, and energy storage projects across the United States, owning a portfolio of 30 sites with a total capacity of 4 GW. It manages the full project lifecycle—from development and construction to long-term ownership and operation—selling power under long-term PPAs to utilities, corporations, and other offtakers. Its approach relies on long-term ownership and strong community partnerships, providing stable, durable energy as it maintains assets over time. The company aims to grow its wind, solar, and storage portfolio and deliver dependable clean energy through long-term agreements that support communities and customers.

Significant Headcount Growth

About Leeward Renewable Energy

Simplify's Rating
Why Leeward Renewable Energy is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$1.6B

Headquarters

Dallas, Texas

Founded

2015

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Simplify's Take

What believers are saying

  • Leeward posted Q1 2026 results and expanded investor reporting, signaling capital access.
  • The $1.25 billion warehouse facility funds faster construction across its renewable pipeline.
  • Google contracts and PG&E storage agreements create long-duration offtake through 2028 and beyond.

What critics are saying

  • Leeward v. FERC in Fifth Circuit exposes revenue from interconnection and reactive-power rules.
  • Harvey Solar faces 2026 construction risk; any milestone slip pushes 2028 cash flows.
  • A 2026 personal-injury suit in New Mexico adds contractor, safety, and liability scrutiny.

What makes Leeward Renewable Energy unique

  • LRE pairs 30-plus projects with long-term ownership, not pure development-and-flip economics.
  • Google-backed Oklahoma solar portfolio hit 725 MW, tying LRE to premium hyperscale demand.
  • Leeward controls wind, solar, and storage, including Harvey Solar and Sierra Pinta.

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Funding

Total Funding

$1.6B

Above

Industry Average

Funded Over

3 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Professional Development Budget

Conference Attendance Budget

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

8%

1 year growth

8%

2 year growth

8%
Business Wire
Mar 25th, 2026
LRE Acquires Harvey Solar, Expanding Energy Infrastructure and Community Investment in Licking County, Ohio

LRE (Leeward Renewable Energy) announced the acquisition of the Harvey Solar Project, a planned 350 megawatt (MW) solar facility located in Licking County, O...

Pryor Learning Solutions
Jan 17th, 2025
LRE Launches Renewable Energy Projects to Power Google's Oklahoma Data Center and Enhance State's Energy Infrastructure

The construction phase alone is expected to create more than 300 jobs, emphasizing local hiring and the use of domestically manufactured equipment, demonstrating LRE's dedication to responsible development and economic growth in Oklahoma.

SolarQuarter
Jan 16th, 2025
LRE Secures Over 700 MW of Renewable Energy Projects in Oklahoma with Google Partnership

Leeward Renewable Energy (LRE), a prominent American renewable energy company, has announced a major milestone with the launch of over 700 megawatts (MW) of renewable energy projects in Oklahoma, supported by long-term power purchase agreements (PPAs) with Google.

SolarTex
Dec 19th, 2024
200-MW solar project now producing power for Microsoft

LRE acquired the Morrow Lake Solar Project in 2023 from Red River, a joint venture of SunChase and Eolian, which initiated the development of the Morrow Lake Solar Project in 2017.

Business Wire
Jul 16th, 2024
Leeward Renewable Energy Secures $1.25 Billion in Warehouse Facility Financing to Accelerate Construction of Renewable Energy Projects

Leeward Renewable Energy (LRE), a leading renewable energy company, today announced the closing of its $1.25 billion construction warehouse facility (

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