Full-Time
Updated on 9/10/2026
Develops, owns, operates utility-scale renewables
$110k - $150k/yr
Houston, TX, USA + 2 more
More locations: New York, NY, USA | Greenwood Village, CO, USA
Remote
Bachelor's, Master's
See people who can refer or advise you
DESRI (D. E. Shaw Renewable Investments) develops, owns, and operates utility-scale solar, wind, and battery storage projects across the United States. It acquires or leases land near electrical infrastructure and favorable construction sites, then partners with developers to bring projects through development, construction, financing, and long-term operations. Its revenue comes from selling the clean energy produced by its projects, often supported by Power Purchase Agreements (PPAs) that provide stable, long-term income. DESRI differentiates itself with a broad, multi-state portfolio (over 6 GW in 25 states) and a model of enduring ownership and value creation across the entire project life cycle, frequently collaborating with solar and wind developers to secure PPAs and advance projects to completion. The company aims to expand clean energy capacity and deliver reliable renewable power at scale to utilities and customers, supporting a sustainable energy future.
Company Size
11-50
Company Stage
N/A
Total Funding
$529M
Headquarters
New York City, New York
Founded
2010
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Health Insurance
401(k) Company Match
Paid Vacation
Wellness Program
Family Planning Benefits
10 major solar projects advance in 2026 with gw-scale capacity, battery storage and $695 Million financing. August 21, 2026 Global solar investment continues to accelerate in 2026 as developers advance utility-scale photovoltaic, battery-storage and hybrid renewable projects across the United States, Australia, Egypt, India and Paraguay. The latest projects range from 200 MW to 1 GW of solar capacity, while several incorporate large battery systems and dedicated transmission infrastructure. Major financial commitments include US$695 million for Recurrent Energy's Cobalt Solar project, approximately US$764 million in total project cost for Egypt's West Minya development, US$560 million for the West Minya EPC contract and US$195 million in financing for AMPIN Energy Transition's Indian hybrid renewable project. Discover more Renewables solar energy Energy & Utilities Sol Systems Acquires 200 MW Lumberton Solar Project in Texas Sol Systems acquired the 200 MWac Lumberton Solar Project in Hardin County, Texas, from DESRI on August 21, 2026. The utility-scale project already has a long-term power purchase agreement and will now be advanced toward construction and long-term operation by Sol Systems. The acquisition price and total project investment were not disclosed. ATOME Advances 300 MWp Solar Project in Paraguay ATOME secured financial and technical support on August 20, 2026 for a feasibility study covering a proposed 300 MWp solar project near its green-fertilizer facility in Villeta, Paraguay. The project remains at the feasibility stage and could include battery storage. Development is also dependent on further feasibility work and progress toward a power purchase agreement. Discover more Engineering & Technology If developed, the project could provide renewable electricity for ATOME's industrial operations. EDF Plans 400 MW Solar and 1,600 MWh Battery Project in Nevada EDF power solutions North America signed two 25-year PPAs with NV Energy for the Winston Energy Project in Lyon County, Nevada. The development combines 400 MWac of solar capacity with a 400 MW/1,600 MWh battery energy storage system, providing four hours of storage at the battery's 400 MW power rating. Electricity deliveries are expected to begin in October 2029. The project is associated with the planned Greenlink North transmission infrastructure. Construction is expected to employ more than 400 workers at peak, while the project could generate approximately US$100 million in local tax revenue during its operating life. Windlab Develops 500 MW Solar-Storage Project in Queensland Windlab's proposed Bungaban Solar Project near Wandoan in Queensland's Western Downs region will provide 500 MW of solar capacity combined with battery storage. Developed alongside Squadron Energy, the project is planned across a 1,531.9-hectare site, with construction targeted for 2028. Transmission infrastructure will connect the solar and battery facilities to Powerlink's proposed Warranna substation. Final battery capacity and total investment have not been disclosed. Edify Energy Advances 360 MWp Solar and 1,200 MWh Storage Edify Energy awarded the EPC contract for its Ganymirra and Majors Creek projects in North Queensland in August 2026. Together, the projects will deliver 360 MWp of solar capacity and a 300 MW/1,200 MWh battery system. DT Infrastructure will handle engineering, procurement and construction, including a new substation and transmission-connection infrastructure. Approximately 400 jobs are expected during peak construction. Early engineering and pre-construction work is underway, with major construction scheduled to start in the third quarter of 2026. Recurrent Energy Secures $695 Million for 330 MW Cobalt Solar Recurrent Energy secured US$695 million in project and tax-equity financing for the 330 MW Cobalt Solar Project in Riverside County, California. The financing comprises approximately US$484 million in debt and US$211 million in tax equity. Wells Fargo provided the tax-equity investment, while Mitsubishi UFJ Financial Group and Nord/LB led the debt financing. The fully permitted project is already under construction, with commercial operation expected by the end of 2027. Cobalt Solar is expected to generate enough electricity to serve approximately 82,000 homes annually and deliver around US$14 million in property-tax revenue to Riverside County. Blattner Energy is the EPC provider. Egypt's 1 GW West Minya Solar Project Adds 600 MWh Battery Egypt's West Minya project combines a 1 GW solar photovoltaic plant with 600 MWh of battery storage, making it one of the largest solar-plus-storage developments in the group. Nefer Menya for Renewable Energy, owned by Infinity Power Holding and HAU Energy, is the project company. Sterling and Wilson Renewable Energy and Hassan Allam Construction are delivering the project through a 50:50 EPC joint venture under a contract worth approximately US$560 million. Overall project cost is estimated at approximately US$764 million, with potential EBRD senior debt of up to US$170 million. Grid infrastructure includes an approximately 36-kilometer, 220 kV overhead transmission line. The development is expected to reduce CO2 emissions by more than 1.2 million tonnes annually and employ approximately 5,000 workers during construction. AMPIN Secures $195 Million for 100 MW Hybrid Project in India AMPIN Energy Transition achieved financial closure for a 100 MW PPA-backed hybrid renewable-energy project in Andhra Pradesh in August 2026. The project combines wind, solar and battery storage and secured US$195 million in financing from Sumitomo Mitsui Banking Corporation and Rabobank. The 100 MW figure represents contracted PPA capacity rather than standalone solar capacity, with the individual wind, solar and battery capacities not disclosed. KPI Green Energy Advances 200 MW Rajasthan Solar Project KPI Green Energy awarded Advait Greenergy an EPC contract worth approximately ₹116 crore for a 200 MW solar project in Rajasthan. The project will use high-speed-axis-tracker technology, with Advait Greenergy responsible for engineering, procurement, construction and commissioning. The ₹116 crore figure represents the EPC contract value, rather than the project's total investment. NLC India Renewables Wins 900 MW Gujarat Solar Project NLC India Renewables, a wholly owned subsidiary of NLC India, received a Letter of Intent from Gujarat Urja Vikas Nigam Limited in July 2026 to develop a 900 MW solar power project in Gujarat. The utility-scale development was awarded through a tariff-based competitive bidding process, with GUVNL serving as the electricity procurer. The latest confirmed status is awarded capacity under the Letter of Intent. Investment, tariff, construction schedule and expected completion date have not been disclosed. Solar Investment Shifts Toward Large-Scale Storage The latest projects demonstrate how utility-scale solar development is increasingly converging with battery storage, transmission investment and long-term power contracts. Among the largest storage projects, Winston Energy combines 400 MW of solar with 400 MW/1,600 MWh of batteries, Ganymirra and Majors Creek combine 360 MWp with 300 MW/1,200 MWh, while West Minya integrates 1 GW of solar with 600 MWh of storage. The financial scale is also significant. Cobalt Solar has secured US$695 million, West Minya carries an estimated US$764 million project cost, its EPC contract is worth US$560 million, and AMPIN has secured US$195 million. These projects show that the 2026 solar investment cycle is moving beyond standalone photovoltaic capacity toward integrated renewable infrastructure combining solar generation, batteries, transmission, financing and long-term electricity offtake. SHAFANA FAZAL
New-York based renewable energy company Desri developing storage project on Little Blue Run site in Greene Township. (Credit and Caption for Photo: Workers from Mascaro Construction move dirt to cover Little Blue Run, which covers 955 acres in Beaver County and Hancock County, W.Va., on Wednesday, Sept. 19, 2018, in Lawrenceville, W.Va. (Andrew Rush, Pittsburgh Post-Gazette) Noah Haswell, Beaver County Radio News Discover more Local sports coverage Local news updates Radio jingle creation (Beaver County, PA) Desri, which is a renewable energy company based in New York, is now developing a one-gigawatt battery storage project on the former Little Blue Run site, which is located in Greene Township. The Beaver County site had to shut down in 2012 because its water was contaminated. The project run by Desri is called Little Blue Project.
Matrix Renewables has secured $1.3 billion in financing for a US solar and battery storage portfolio totalling 859 MWdc of solar capacity and 167 MWh of energy storage. The TPG Rise-backed developer closed the package to finance four utility-scale projects across California, Idaho, and Texas. The financing includes over $970 million in debt facilities and $210 million in preferred equity from D. E. Shaw Renewable Investments. MUFG, HSBC, Nomura, and Santander coordinated the debt arrangement. The portfolio comprises two projects under construction and two operational facilities. The largest asset is the 457 MWdc Tormes Solar project in Texas, expected to begin operations in early 2027. Matrix Renewables manages 15.5 GW of renewable energy projects globally across Europe, North America, and Latin America.
Two-property Utah 1.8 GWh battery energy storage portfolio trades hands. JLL's US Energy and Infrastructure Advisory team worked on behalf of Accelergen Energy to arrange the sale of 100% of the equity interests to DESRI. // April 14, 2026 NEW YORK - JLL's US Energy and Infrastructure Advisory team announced that it has arranged the sale of a two-project 1.8 GWh battery energy storage portfolio in Utah. JLL acted as the exclusive sell-side advisor for Accelergen Energy in the sale of 100% of the equity interests to DESRI. The portfolio consists of two development-stage energy storage projects that will add to DESRI's 12+ GW existing portfolio of solar, wind and battery energy storage projects across the U.S. These projects are strategically sited and developed within the Salt Lake City load pocket to support grid reliability and help meet increasing capacity needs from substantial load growth and forecasted generation retirements in the region. JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries. For more news, videos and research resources, please visit JLL's newsroom. About Accelergen Energy Founded in 2020 and headquartered in Austin, Texas, Accelergen Energy is a greenfield developer of utility-scale battery energy storage systems (BESS), and hybrid solar storage systems. The company is dedicated to advancing the transition to zero-carbon power generation by delivering sustainable, high-quality projects that benefit local communities and long-term investors. Accelergen's innovative, analytics-driven approach ensures its projects are strategically positioned to meet evolving grid demands while contributing to a cleaner, more sustainable energy future. For more information, visit www.accelergen.com. About DESRI DESRI is a leading renewable energy company that develops, owns, and operates utility-scale solar, wind, and battery storage projects throughout the United States. As long-term owners, DESRI focuses on creating value throughout all stages of a project's life cycle, including development, construction, financing, and operations. Since 2010, DESRI has worked closely with valued communities and trusted partners to create a future powered by renewable energy, building a diversified portfolio across 22 states with over 12 GW of generation capacity, enough to power nearly 2 million homes. For more information, visit https://desri.com. JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500(R) company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com. Securities provided by Jones Lang LaSalle Securities LLC as a member of FINRA and SIPC.
IOWN Energy facilitates financing and sale of 127 MW battery project in Nevada. Mar 31, 2026 LA JOLLA, Calif., March 31, 2026 /PRNewswire/ - On February 13, 2026, IOWN Energy (IOWN), on behalf of its client Eolus North America, Inc (Eolus), completed the successful sale of the 127 MW / 506 MWh Roccasecca standalone battery energy storage project, located in Boulder City, Nevada, to DESRI, a leading independent power producer. The transaction was completed as an all-cash sale and includes the transfer of all shares of the Roccasecca special purpose vehicle (SPV) to the buyer. In connection with the transaction, approximately $290 million in senior secured credit facilities, including loans and letters of credit to support project construction and operations, was also arranged. The financing included Zions Bancorporation, N.A. ("Zions"), Société Générale ("SG"), Intesa Sanpaolo ("Intesa"), and Bayerische Landesbank ("BayernLB") as Coordinating Lead Arrangers. The Roccasecca project, under construction, is expected to reach commercial operation in 2026 and will contribute to strengthening grid reliability and flexibility in the U.S. Southwest power market. Prior to the sale, key project agreements including a 15-year tolling agreement, equipment supply, engineering and construction agreements, and project financing, were negotiated and secured, positioning the project as a fully contracted and in construction asset. Following the transaction, DESRI has assumed all rights and obligations associated with the project and will continue construction management through completion, with IOWN supporting the transition as needed. "This transaction reflects the strength of our disciplined development approach and our ability to structure fully contracted, construction-ready marquee assets for long-term owners," said Hans-Christian Schulze, CEO and President of IOWN Energy. "Roccasecca was delivered as a de-risked project with contracted revenues and optimized construction risk allocation, a model that continues to generate strong demand from institutional investors and independent power producers." "Roccasecca shows how we can leverage our US market experience to structure transactions for optimal value creation. It is just the latest in a string of successful transactions coming out of an ever stronger Eolus and IOWN partnership." said Per Witalisson, CEO of Eolus AB. "I look forward to reinvesting our Roccasecca proceeds into new value-creating opportunities in the Eolus North America project pipeline, in close cooperation with IOWN." "DESRI is pleased to expand our partnership with Eolus and IOWN through the purchase of this high-quality utility-scale battery asset" said, Peter Koczanski, Head of Corporate Development at DESRI, "Projects like Roccasecca underscore our commitment to supporting the energy transition across the nation as an owner of renewable energy assets. We are proud to expand our presence in Nevada and further serve grid stability and reliability in that region." "We are pleased to have arranged financing for Roccasecca," said Robert Park, Head of Power & Project Finance at Zions. "We appreciated the opportunity to partner with Eolus and IOWN, helping bring storage capacity to Nevada." "As Intesa Sanpaolo, we are proud to have supported Eolus and IOWN as Coordinating Lead Arranger through our IMI Corporate & Investment Banking Division. Battery energy storage is a key enabler of grid flexibility and stability, and this deal reflects our strong commitment to the U.S. power market and to enabling the energy transition through resilient infrastructure," said Nicola Doninelli, Head of Distribution Platforms & GTB at Intesa Sanpaolo - IMI CIB Division. Andrew Kjoller, Head of Infrastructure Finance Americas at BayernLB added, "BayernLB is honored to support Eolus and IOWN on the financing of this critical renewable infrastructure asset." "The Roccasecca transaction further reinforces Societe Generale's ongoing partnership with Eolus and IOWN and we are proud to support their continued expansion in the US by providing high quality capital solutions in a dynamic market environment," said Kim Hill, Director at SG. The sale marks another milestone for Eolus North America and IOWN in the U.S. market and underscores the company's continued growth since expanding its U.S. operations in 2021. IOWN has facilitated the development and sale of more than 1 GW of wind, solar, and battery energy storage projects since 2021 and supported the arrangement of over $2 billion in equity and debt financing for renewable energy projects, currently operational or in construction, in the United States. IOWN continues to differentiate itself by focusing on premium power markets and has a suite of in-house capabilities including engineering, construction, and asset management. IOWN has been particularly successful in originating, developing, and sourcing attractive tolls for energy storage projects in the U.S. Southwest, and Roccasecca is another example of that. About IOWN Energy IOWN Energy specializes in the origination, development, financing, and sale of wind, solar, and standalone energy storage projects across the United States, Mexico, and Northern Europe. From greenfield origination through construction-ready delivery, IOWN applies a disciplined, value-driven approach to project execution while supporting the long-term needs of owners, operators, and power markets. In addition to developing its own project pipeline, IOWN partners exclusively with Eolus North America, Inc., the U.S. subsidiary of Eolus AB, a publicly traded Swedish renewable energy developer, to manage, develop, and transact on its U.S. pipeline. Guided by its core values - Humbly Confident, Passionate About Excellence, Taking Ownership, and Resourceful Solutions-Finders - IOWN is committed to delivering high-quality renewable energy solutions that support a more resilient and sustainable energy system. About Eolus Eolus is a leading developer of innovative and customized renewable energy solutions. We offer attractive and sustainable investments in the Nordics, the Baltics, Poland and the USA. From development of greenfield projects to construction and operation of renewable energy assets, we are part of the entire value chain. For over three decades we have worked for a future where everyone can lead a fulfilling, yet sustainable life. Today, our project portfolio includes wind, solar and energy storage projects. Eolus - shaping the future of renewable energy. Eolus's Class B share is listed on Nasdaq Stockholm. About DESRI DESRI and its affiliates develop, acquire, invest-in, own, and operate long-term contracted renewable energy assets in the U.S. DESRI's portfolio of contracted, operating, and in-construction renewable energy projects currently includes over 80 solar, wind and storage projects representing more than twelve gigawatts of aggregate capacity. In addition to its ownership of generating assets, DESRI has acted as a financial investor across the renewable energy industry offering companies capital to support and grow their businesses. For more information, please visit www.desri.com. For further information, please contact: Alex Erlikh, VP Transactions and Origination Hans-Christian Schulze, CEO, IOWN Energy SOURCE IOWN