Hecate Energy

Hecate Energy is a leading developer, owner and operator of renewable power projects and storage solutions in North America and select international markets.

Hecate Energy specializes in clean energy and energy storage projects, from planning and inception through construction and operation.

Hecate Energy was founded in 2012 by Chris Bullinger and Nick Bullinger. The company is headquartered in Chicago, Illinois.


Hecate's wide network of equipment and technology suppliers helps them to create customized solutions that best fit our customers’ needs and budgets. The company discovers and deploys creative approaches to structuring power purchase agreements and financing for power projects in the United States.


Hecate Energy partnered with InfraRed Capital to launch Hecate Grid, an established developer, owner and operator of standalone storage projects in the U.S. Launched in September 2018, today the platform's portfolio of operating, construction and development assets exceeds 4 GW.


Hecate Energy has a pipeline of over 35 GW, with over 125 projects across 10 power markets in North America. Over the last eight years, Hecate has executed more than 36 power project transactions, totaling more than 6,500 MW of capacity.


Hecate Energy's customers ranges from the nation’s largest municipal like Los Angeles Department of Water and Power, to large investor owned utilities like Georgia Power to prestigious educational institutions like Johns Hopkins University; regardless of the need, we can create a solution.


Hecate Energy has closed a $550M credit facility package, including a $250M term loan and a $350M Letter of Credit ("LC") facility, on Jan 24, 2023. The funding was led by Investec and Nomura Securities International, with participation from National Bank of Canada and Deutsche Bank.



  • Year founded: 2012
  • Funding Info: $550M over 2 Rounds (Latest Funding Type: Letter of Credit (
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Chicago
  • State: Illinois
  • Country: United States
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