Founded in 2021, Renewco Power develops, owns and operates utility-scale clean energy assets spanning solar PV, onshore wind, battery storage and green hydrogen. Headquartered in Glasgow, the company has built a diversified development pipeline exceeding 7 GW in its core markets of the UK, Spain and Italy. Management plans to convert this pipeline into 2 GW of ready-to-build renewable capacity by 2030, positioning the firm as a significant contributor to Europe’s net-zero transition. Renewco’s strategy focuses on originating and advancing greenfield projects and then bringing them to financial close or operation. The company emphasizes Scotland as a priority geography, leveraging local resources and policy support to accelerate deployment. Current funding supports project development rather than commercial operations revenue, and no specific revenue or user metrics were disclosed in the article.

Total raised

$39M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2025