A big player in the renewable energy space that’s been quietly building out massive utility-scale solar and battery storage projects across the country. 

We’re talking about a company that’s been in the game since 2008, originally part of a well-known builder before going independent. 

They handle everything from engineering and procurement to full construction, testing, commissioning, and even ongoing operations and maintenance. 

Having personally been in the field of operations and maintenance for many years… I know the business.

Now, over the years, the company’s delivered more than 500 power plants totaling 20 gigawatts of capacity, and right now they’re managing maintenance on sites with over eighteen gigawatts up and running. 

But what really stands out is their position in a market that’s exploding. 

Demand for clean power is through the roof, especially as tech giants and data centers scramble for reliable electricity to fuel artificial intelligence and cloud computing. 

These facilities need huge amounts of energy. And renewables, paired with storage, are becoming the go-to solution to keep things green and stable. 

This outfit is right in the sweet spot, ranked as one of the top solar contractors in the U.S. 

They’re not just installing panels; they’re building the full infrastructure that ties into the grid, which is exactly what the next wave of growth requires.

Best of all, its pipeline is loaded. 

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As of late last year, they had an $8 billion dollar backlog, mostly locked-in engineering and construction contracts. 

That’s visibility and work, for years ahead.

Revenue-wise, they turned things around hard in the last couple of years, expecting to hit between $2.46 billion and $2.5 billion this year alone, up big from the prior period. 

Profits are climbing too, with net income projected in the $140 - $155 million range. 

The business is shifting from heavy debt to a leaner structure, and the capital they’re raising here is mostly going to pay down term loans—smart move that cleans up the balance sheet and frees up room for more projects or even tuck-in acquisitions.

Investors are paying attention because this isn’t some speculative startup. It’s a proven operator with real assets, long-term contracts, and recurring revenue from maintenance. 

The timing feels right too. The IPO market has picked up, and there’s fresh interest in industrial and energy names tied to domestic production and energy independence. 

With government incentives still in play and power demand only accelerating, the setup is strong. The backlog provides a clear earnings path, the sector tailwinds are powerful, and the valuation looks reasonable for a company this established in a high-growth area. 

If you were on the fence with wanting to get in on some solid IPO's in 2026, give this one a shot. 

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