Erco Energía Funding, Investors & Competitors

Vistra Corp. is one of the largest power producers and retail energy providers in the US. It owns 44 gigawatts of generation capacity, including natural gas (27 GW), nuclear (6.5 GW), coal (8.7 GW), and solar and battery storage (1.3 GW). The Cogentrix acquisition will add 5.5 GW of gas generation. Vistra's retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016.

Base Power is a residential energy provider offering backup battery systems and fixed-rate electricity plans in Texas. Dallas-headquartered, its home batteries supply up to three days of whole-home power during outages with automatic failover. Plans feature transparent pricing from 9 cents per kWh plus delivery and membership fees, serving deregulated market customers seeking cost predictability.

Lancium Technologies is a Houston-based developer of data centers optimized for renewable energy integration. The company deploys distributed computing infrastructure at wind and solar farms in Texas, absorbing excess power to perform high-performance calculations. Lancium operates facilities like the 100 MW Pecos Valley site, partnering with utilities to stabilize grids and monetize curtailment periods.

Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia and totals over 40 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners and Brookfield Renewable Corp.

Enlight Renewable Energy Ltd develops, finances, constructs, owns, and operates utility-scale renewable energy projects. The company’s operating segments are the MENA segment, Europe segment, U.S.A segment, and Others. It generates the majority of its revenue from the Europe segment, which produces its revenue from the sale of the electricity that is produced through wind energy and solar energy in Europe.

REC Ltd is a non-banking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. It comprises only one business segment-lending to power, logistic and infrastructure sector. The majority of its revenue derives from long-term financing.

Joulent is an energy infrastructure company. It creates large-scale power setups that integrate turbines, battery storage, and renewable sources aimed at data centers and industrial users. The system uses artificial intelligence to manage local and utility resources for reliable high-volume electricity supply.

Farasis Energy is a global lithium-ion battery manufacturer producing power systems for electric vehicles, energy storage grids, and commercial applications. The company operates production facilities in China and the United States with partnerships including BMW for automotive battery supplies. Farasis Energy supplies high-energy-density cells addressing transportation electrification and renewable grid integration needs.

The Faraday Grid is a smart grid technology company rearchitecting electricity networks for decentralized energy markets. Founded in 2016 and headquartered in Sydney, Australia, it develops the Faraday Exagon, a software-defined grid controller enabling prosumers, EVs, and renewables to participate in real-time trading. Deployed in pilots across Australia and Europe, the system replaces century-old infrastructure to handle variable solar and wind inputs while ensuring grid stability.

Sungrow New Energy is a Hefei-based developer of integrated solutions for photovoltaics, wind power, and hydrogen storage systems. It provides EPC services for multi-energy projects including 1 GW solar farms and offshore wind installations in China and Southeast Asia.

Form Energy is a Somerville-headquartered company that develops iron-air batteries for multi-day energy storage from wind and solar sources. These 100-hour duration systems deliver dispatchable clean power to electricity grids across North America. The technology defers construction of new transmission lines and displaces fossil fuel peaker plants. Originating from MIT research, Form Energy partners with utilities such as Xcel Energy and Georgia Power for pilot projects in Colorado, Minnesota, and Georgia. The company operates manufacturing facilities in West Virginia and Vermont to scale production for grid integration.

Antora Energy is a Sunnyvale-based provider of zero-carbon heat and electricity for heavy industries such as cement, steel, and chemicals. Its thermal batteries capture excess renewable energy from solar and wind sources to heat carbon blocks to glowing temperatures, delivering on-demand industrial process heat surpassing fossil fuel reliability. Founded in 2018, the company partners with utilities and manufacturers across North America to deploy modular systems that integrate with existing infrastructure for decarbonization.

Verkor builds gigafactories for low-carbon lithium-ion battery cells targeting electric vehicles from its headquarters near Grenoble, France. The company plans a 50 GWh facility in Dunkirk by 2025, reducing carbon footprints by 80% through renewable energy and recycled materials, backed by investments from Renault Group and Schneider Electric.

NW Storm is a Paris-headquartered developer of battery energy storage systems and EV charging infrastructure as a subsidiary of NW Groupe. The company deploys utility-scale lithium-ion batteries for grid stabilization in rural France, with 340MW operational capacity targeted by 2022. It installs ultra-fast chargers supporting up to 600 points by 2023, addressing energy transition in low-density regions.

Our Next Energy is a Novi-headquartered developer of advanced lithium-iron-phosphate batteries for electric vehicles. The company employs Gemini dual-chemistry architecture to deliver higher energy density and faster charging times while prioritizing cobalt-free materials and domestic supply chains. Founded in 2020, Our Next Energy partners with BMW i Ventures on joint development projects and operates a pilot production line in Michigan ahead of a planned gigafactory.

Stuttgart-headquartered CMBlu Energy AG manufactures organic redox flow batteries for grid-scale energy storage. The company deploys systems with capacities up to 1 MWh at industrial sites in Germany and Europe. Its B400 battery modules integrate with solar and wind farms to provide long-duration storage exceeding 10 hours. Founded in 2015, CMBlu partners with utilities for utility-scale projects in the renewable energy transition.

The TotalEnergies Texas solar and storage portfolio is a group of utility-scale renewable power assets in the ERCOT market in Texas, operated by TotalEnergies. It comprises about 2 GW of capacity: three solar projects totalling 1.7 GW, including Danish Fields, Cottonwood and Hill Solar I, and two battery energy storage projects with a combined 300 MW. The assets sell electricity and storage services largely under long-term contracts, which give the portfolio contracted revenue. TotalEnergies developed the projects as part of its Integrated Power business and continues to operate them. Since December 2024 the portfolio has been owned 50% by TotalEnergies and 50% by funds managed by Apollo affiliates.

Tesla is a vertically integrated battery electric vehicle automaker and developer of real-world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include a midsize sedan and crossover SUV in the entry-level luxury category, a luxury light truck, and a semitruck. Tesla also runs a robotaxi service in four US metropolitan areas. Global deliveries in 2025 were nearly 1.64 million vehicles. Additionally, the company sells batteries for stationary storage for residential and commercial properties, including utilities, solar panels, and solar roofs for energy generation. Tesla also owns a fast-charging network and a US auto insurance business.