On.Energy is a fully integrated energy storage solutions provider and independent power producer that designs, finances, builds and operates battery energy storage projects. Leveraging its proprietary On.Command AI energy management platform, the company delivers turnkey systems that support peak shaving, energy arbitrage, frequency regulation, backup power and microgrid operations for utilities and commercial-industrial customers. The firm currently owns and operates 80 MWh of storage assets in Houston and has structured project-finance credit solutions for more than 240 MWh within the past 12 months. Its forward pipeline exceeds 2 GWh of storage scheduled for activation by 2028 across California, Texas and Mexico. On.Energy’s integration revenues doubled from 2023 to 2024, underscoring rapid commercial growth. The business runs from headquarters in Miami with additional offices in Texas, California, Mexico, Peru and Chile.

Total raised

$263M

Funding rounds

5

Latest round

Debt Financing

Latest activity

Jan 2025