# Community Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/community-energy

- Industry: Renewable Energy
- Headquarters: Radnor, US
- Website: www.communityenergyinc.com
- Total disclosed funding: $4M
- Latest round: Series A (Oct 5, 2010)
- Investors on record: 2

## About

Community Energy, Inc. is a renewable energy company specializing in the development and deployment of large-scale wind and solar power projects, contributing to sustainable energy solutions across various markets in the U.S.Founded in 1999 and headquartered in Radnor, US, Community Energy, Inc. focuses on renewable energy solutions, specifically in wind and solar sectors. The firm had a pivotal moment in 2010, securing USD 4 mn in a Series A funding round led by SJF Ventures, with additional investment from NGP Energy Technology Partners. The company has undertaken one notable deal since its inception, reflecting its ongoing commitment to renewable energy development. The founders include Idir Benali and Oussama Hemchi, while Jun Nabara and Trevor Keyes also play key leadership roles.Community Energy specializes in the development and deployment of renewable energy solutions, focusing primarily on large-scale wind and solar generation. The company pioneered the early stages of wind energy implementation in the United States, followed by substantial advancements in solar energy projects. These core product offerings address the growing demand for sustainable energy sources, providing solutions to clients seeking to reduce their carbon footprint and transition to cleaner energy alternatives. Community Energy serves a diverse client base, including utilities, commercial enterprises, and governmental entities across various geographical markets, including multiple states within the U.S. The company actively contributes to the renewable energy landscape by partnering with industry leaders like Iberdrola Renewables and AES Clean Energy, thus enhancing its project capabilities and reach.Community Energy generates revenue through its development of renewable energy projects, which include both wind and solar initiatives. The company engages in business transactions primarily through partnerships with major energy companies and power purchase agreements with clients in the utility sector. Such agreements typically involve long-term contracts where clients commit to purchasing energy generated from Community Energy's facilities at predefined rates. This transaction structure supports a stable revenue stream, allowing the firm to continue investing in innovative energy solutions. Specific pricing plans for individual products or services have not been disclosed; however, the company’s flagship projects forge significant partnerships that facilitate the growth of clean energy in the U.S. market.In 2010, Community Energy, Inc. received USD 4 mn in a Series A round of funding, led by SJF Ventures. This funding is expected to support the company's strategy for future growth, particularly in expanding its renewable energy projects. Community Energy aims to design and launch new products focused on enhancing solar energy efficiency and improving wind technology, with targeted launches planned for the next few years. Additionally, the company is looking to expand its reach into new geographic regions, including the northeastern states, aiming to establish a presence by 2025. This proactive approach reinforces Community Energy's commitment to leading advancements in the renewable energy sector.

## Funding rounds

- Series A, Oct 5, 2010, $4M — SJF Ventures, NGP Energy Technology Partners

## Investors

- SJF Ventures (https://capitalatlas.ai/funds/sjf-ventures) — Series A
- NGP Energy Technology Partners (https://capitalatlas.ai/funds/ngp-energy-technology-partners) — Series A