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Elevate Renewables Secures $50M Financing From Rabobank to support large solar and battery energy storage project aimed at powering a data center.

PRIVATEApr 13, 2026

Amount Raised

$50 Million

Round Type

Debt Financing

BostonEnergyRenewable Energy

Investors

Rabobank

Description

Elevate Renewables, based in Boston, MA, closed a $50 million financing facility arranged by Rabobank. This funding will support a significant solar and battery energy storage project contracted to power a data center. The company is focused on developing a robust portfolio of energy infrastructure projects. Elevate aims to meet the growing energy needs of the digital economy.

Quick answer

Elevate Renewables raised $50 Million in a Debt Financing round, dated April 13, 2026. Investors: Rabobank. Elevate Renewables is based in Boston, Massachusetts, United States.

How much did Elevate Renewables raise?
Elevate Renewables raised $50 Million in a Debt Financing round on April 13, 2026.
Who invested in Elevate Renewables?
Rabobank is named as investors in this round.
What does Elevate Renewables do?
Elevate is a national renewable energy development company focused on the strategic deployment of battery energy storage resources co-located at existing large generation facilities owned by private equity funds managed..
Where is Elevate Renewables based and how big is it?
Elevate Renewables is based in Boston, Massachusetts, United States. Fundz records about 20 employees.
Who are the decision-makers at Elevate Renewables?
Fundz holds 3 contacts at Elevate Renewables, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Elevate Renewables that raised within 45 days of this round, from Fundz verified event records.

  • Volt Harbor raised $2M (Seed) on May 28, 2026.
  • SunCharge Motors raised an undisclosed amount (Seed) on May 28, 2026.
  • Thea Energy raised $100M (Series B) on May 27, 2026.
  • D-CRBN raised $20M (Series A) on May 27, 2026.
  • Focused Energy Inc. raised $240M (Series A) on May 27, 2026.
  • Caudal Energy raised $5.8M (Funding Round) on May 27, 2026.

Who to call at Elevate Renewables, and when

A new round usually means Elevate Renewables is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Elevate Renewables raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Elevate Renewables, from your own LinkedIn network

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Company Information

Company

Elevate Renewables

Location

Boston, Massachusetts, United States

About

Elevate is a national renewable energy development company focused on the strategic deployment of battery energy storage resources co-located at existing large generation facilities owned by private equity funds managed by ArcLight Capital Partners.

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Related People

3 contacts
Verified contactsJoshua R., Chief Executive Officer hiddenSee plans and pricing
Predictive Intelligence
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Elevate Renewables raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.