Generate builds, owns, operates and finances sustainable infrastructure across energy, waste, water and transport, offering an Infrastructure-as-a-Service model so customers avoid large capital commitments. The company partners with more than 40 technology and project developers and serves over 1,000 customers. Over the last seven years it has built a portfolio of about $2 billion in sustainable infrastructure assets and now owns and operates more than 2,000 assets globally. Generate says its assets are expected to prevent over 43 million metric tons of CO2e over their operating lives. The company recently doubled staff across business lines, launched a Generate Credit unit to create more credit solutions for green projects, and is pursuing geographic expansion beyond North America. The new capital infusion will support expansion into new sectors and regions and continued deployment of proven decarbonization and resource-efficiency solutions. Generate builds, owns, operates, and finances sustainable infrastructure for industry and municipalities across energy, waste, water and transport. Its technology stack includes battery storage, solar, energy efficiency, electric vehicles, fuel cells, wastewater treatment, distributed desalination and organic waste management. The company works with more than 25 development partners to serve hundreds of companies, schools, cities and non-profits throughout North America. Generate plans to grow its fleet of renewable infrastructure projects using recently secured capital. Founded in 2014, the firm has built more than $1 billion in sustainable infrastructure assets. The company reported positive cash flows since its first year and netted more than $100 million in 2019.

Total raised

$3.0B

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2021