Heelstone Renewable Energy: Funding, Investors & Team (Oct 2026)
Heelstone was established in 2012 and has since seen gradual growth and gained recognition as an industry pioneer. The company's founders utilized their exceptional expertise in structured finance to procure early and mid-stage solar development projects throughout the United States. As Heelstone progressed, it acquired skills in all facets of the solar value chain, including greenfield development, finance, construction, and operation. In 2019, Ares Management Corporation's Infrastructure and Power Group made an investment in Heelstone. With this funding and in collaboration with AIPG's experienced team, Heelstone is poised to further its development abilities and become a key player in the utility-scale solar development space.
Heelstone Renewable Energy has raised $175M across 1 funding round on record, the most recent an undisclosed round of $175M announced in Mar 2023.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Heelstone Renewable Energy Company Profile and Key Stats
Latest funding round on record: Mar 2023.
Heelstone Renewable Energy Funding Rounds
Heelstone Renewable Energy Founders and Leadership Team
Contact details for the Heelstone Renewable Energy team: 1 of 1 has an email address on file.
Start 14-day free trial →Heelstone Renewable Energy Funding Compared to Other Energy Startups
Heelstone Renewable Energy's latest round of $175M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Heelstone Renewable Energy Funding FAQs
What does Heelstone Renewable Energy do?
Heelstone was established in 2012 and has since seen gradual growth and gained recognition as an industry pioneer. The company's founders utilized their exceptional expertise in structured finance to procure early and mid-stage solar development projects throughout the United States. As Heelstone progressed, it acquired skills in all facets of the solar value chain, including greenfield development, finance, construction, and operation. In 2019, Ares Management Corporation's Infrastructure and Power Group made an investment in Heelstone. With this funding and in collaboration with AIPG's experienced team, Heelstone is poised to further its development abilities and become a key player in the utility-scale solar development space.
How much funding has Heelstone Renewable Energy raised?
Heelstone Renewable Energy has raised $175M across 1 round on record. The most recent is an undisclosed round of $175M announced in Mar 2023.
When did Heelstone Renewable Energy last raise funding?
Heelstone Renewable Energy's most recent funding round on record is an undisclosed round of $175M, announced in Mar 2023.
Who is the CEO of Heelstone Renewable Energy?
Justin Gravatt is listed as CEO at Heelstone Renewable Energy.
Where is Heelstone Renewable Energy headquartered?
Heelstone Renewable Energy is based in Chapel Hill, North Carolina, United States.
How many employees does Heelstone Renewable Energy have?
Heelstone Renewable Energy is in the 11-50 employee band.
How does Heelstone Renewable Energy's funding compare to other Energy startups?
Heelstone Renewable Energy's latest round of $175M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Heelstone Renewable Energy Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Heelstone Renewable Energy is left off this page rather than filled in.
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