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- Solar Landscape
Solar Landscape Funding, Investors & Competitors
Solar Landscape has raised $714M across 2 funding rounds, most recently a $150M undisclosed-stage round in August 2026.
Last Solar Landscape funding round
$150M
Undisclosed stage · Aug 2026
Cumulative funding Solar Landscape raised
$714M
across 2 funding rounds
Key investors in Solar Landscape
Copenhagen Infrastructure Partners
KeyState
About Solar Landscape
Solar Landscape is a New York-headquartered developer, owner, and operator of community solar projects across the northeastern and midwestern United States. The company manages over 100 MW of ground-mounted photovoltaic arrays on landfills and brownfields, subscribing local residents and businesses via virtual net metering. Projects operate under New York and Massachusetts programs, delivering bill credits without rooftop installations.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2C & B2B
Revenue model
Usage-based
Solar Landscape Funding History
Solar Landscape has raised a total of $714M across 2 funding rounds.
Solar Landscape's first fundraising round was a $564M undisclosed-stage round in December 2024. The most recent completed round was a $150M undisclosed-stage round in August 2026.
Solar Landscape funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Aug 2026 | Undisclosed stage | Copenhagen Infrastructure Partners (lead) | $150M | Solar Landscape announced on Aug. 4, 2026 that it secured a development financing facility of up to USD 150 million from Copenhagen Infrastructure Partners through CIP’s Green Credit Fund II. The facility is intended to support a discrete portfolio of about 250 MWdc of mid- and late-stage development assets and will finance earlier-stage project activities such as equipment procurement, interconnection, offtake, and pre-construction sponsor development services. The financing is designed to accelerate Solar Landscape’s distributed solar development platform and expand its execution capacity across a national pipeline. The company said the transaction builds on a year of structured finance activity that included a USD 600 million senior debt facility, a USD 125 million corporate revolving credit facility, and a USD 117 million preferred equity investment, bringing total capital raised over the last three years to more than USD 2.2 billion. Solar Landscape is a distributed energy infrastructure platform built on commercial real estate, focused on scaling distributed solar projects in the U.S. The company’s announcement emphasizes institutional backing and platform growth, while CIP’s involvement reflects its strategy of deploying flexible capital into energy transition infrastructure through Green Credit Fund II. |
| Dec 2024 | Undisclosed stage | KeyState (lead) | $564M | Solar Landscape is a leading U.S. commercial and industrial rooftop solar developer, focusing on design-build projects for C&I rooftops. In 2024, the company raised a record $847 million in project investment and financing from debt, equity, and tax equity across 10 partners, enabling deployment of over 200 solar installations powering more than 50,000 households. KeyState Renewables committed $184 million in tax equity through two vehicles to fund 101 projects exceeding 100 MW across 8.5 million square feet of rooftops, coordinating regional banks as tax investors. The company signed contracts for 40 million square feet of additional C&I rooftop space in 2024, requiring over $1 billion in future project financing and supporting 500 MW of solar capacity. Partnerships included Silicon Valley Bank ($283 million green loan), Prologis (September 2024 for 30+ million sq ft), and Walmart (October 2024 investment in 74 projects for 43 MW in MD/IL). Solar Landscape also secured 278 MW under New Jersey's community solar program, far exceeding competitors. The firm closed its storage division to focus on core solar, expecting $7.5 million quarterly op ex savings by H2 2025, without impacting solar operations. |
Who has invested in Solar Landscape?
2 investors have backed Solar Landscape across its funding rounds, including Copenhagen Infrastructure Partners and KeyState.
Lead investors include Copenhagen Infrastructure Partners and KeyState.
Solar Landscape Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Solar Landscape investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialSolar Landscape Competitors
Solar Landscape competitors include listed companies like GE Vernova, TBEA and Siemens Energy India, and private ones like Base Power, Round-the-Clock and Enpal.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $38B | $3.2B | $246B | 5.4x | ||
| Publicly listed | $15B | $2.4B | $13B | 1.4x | ||
| Private | - | - | $13B | - | ||
| Publicly listed | $811M | $158M | $12B | 10.9x | ||
| Private | - | - | $6.1B | - | ||
| Private | $1B | $24M | $2.5B | - |
Solar Landscape Public Comps
Solar Landscape is still privately-owned, but its public comps include GE Vernova, Reliance Industries, Iberdrola, Siemens Energy, Enbridge, China Yangtze Power, Constellation Energy, Quanta Services, Williams Companies and Enterprise Products.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $38B | $3.2B | 6.2x | 5.4x | 73.5x | 43.5x | |||
| $110B | $20B | 1.9x | 1.7x | 10.4x | 10.3x | |||
| $51B | $17B | 4.4x | 4.3x | 13.2x | 11.8x | |||
| $45B | $4.5B | 2.7x | 2.4x | 27.3x | 16.1x | |||
| $47B | $15B | 4.2x | 3.6x | 13.3x | 13.3x | |||
| $13B | $11B | 11.4x | 11.3x | 13.9x | 14.4x | |||
| $26B | $5B | 4.6x | 3.8x | 23.5x | 15.3x | |||
| $28B | $2.5B | 3.5x | 2.7x | 38.8x | 26.3x | |||
This data is available for Pro users. Sign up to see all Solar Landscape competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Solar Landscape
| When was Solar Landscape founded? | Solar Landscape was founded in 2012. |
| Where is Solar Landscape headquartered? | Solar Landscape is headquartered in Asbury Park, NJ, United States. |
| Is Solar Landscape publicly listed? | No, Solar Landscape is a private, VC-backed company. |
| How much funding has Solar Landscape raised? | Solar Landscape has raised $714M across 2 funding rounds. |
| What was Solar Landscape's last funding round? | Solar Landscape's last funding round was a $150M undisclosed-stage round in August 2026, led by Copenhagen Infrastructure Partners. |
| Who are Solar Landscape's investors? | Solar Landscape's investors include Copenhagen Infrastructure Partners and KeyState. |
| Which companies are comparable to Solar Landscape? | Companies comparable to Solar Landscape include GE Vernova, TBEA, Base Power, Siemens Energy India, Round-the-Clock and Enpal. |
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