Cordelio Power

An independent power producer that develops, owns and manages renewable power facilities across North America.

General Information
Company Name
Cordelio Power
Founded Year
2018
Location (Offices)
Toronto, Canada +5
Founders / Decision Makers
Number of Employees
127
Industries
Energy, Renewable Energy
Funding Stage
Debt Financing
Social Media

Cordelio Power - Company Profile

Cordelio Power is an independent power producer that develops, owns, and manages renewable power facilities across North America. Launched in June 2018, the company expanded its management team and mission in early 2020 to commence a growth and development effort in select power markets in the USA and Canada. The Cordelio team, with offices in Toronto, Vancouver, New York City, Chicago, and Portland (Maine), brings decades of development and operating experience, having successfully developed and completed several hundred megawatts of operating renewable power facilities. 100% owned by the Canada Pension Plan Investment Board, Cordelio is fully committed to becoming a leading North American developer, owner, and operator of renewable power facilities across North America in the Energy and Renewable Energy industries. The company's recent $458.00M Debt Financing investment at 01 June 2023 saw participation from Export Development Canada, National Bank of Canada, JPMorgan Chase & Co., MUFG Union Bank, and Bank of Montreal. This investment underscores the confidence and support from major financial institutions and signals Cordelio Power's ability to attract substantial financial backing for its ambitious growth and development plans. As a well-capitalized and experienced player in the renewable energy sector, Cordelio Power is well-positioned to capitalize on the ongoing shift towards sustainable and clean energy solutions in North America.

Taxonomy: independent power producer, renewable power facilities, North America, energy development, management team expansion, power markets, Canada Pension Plan Investment Board, development experience, operating experience, office locations, sustainable energy, renewable energy investment, project development, renewable energy operations

Funding Rounds & Investors of Cordelio Power (1)

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Funding Stage Amount No. Investors Investors Date
Debt Financing $458.00M 5 JPMorgan Chase & Co., Bank of Montreal 01 Jun 2023

Latest News of Cordelio Power

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