Heelstone Energy Holdings, LLC

Heelstone Renewable Energy is a leading U.S.-based utility-scale renewable energy company specializing in the development, financing, construction, and operation of solar, wind, and energy storage projects. Founded in 2012 and headquartered in Durham, North Carolina, the company has built a strong reputation for delivering large-scale clean energy solutions across multiple states. Its core capabilities span the entire project lifecycle—from early-stage development and acquisition to project financing, engineering, procurement, construction (EPC), and long-term asset management—enabling it to execute high-quality, resilient energy projects efficiently.

The company operates as a fully integrated platform with in-house expertise across all stages of renewable energy deployment, allowing it to optimize project performance and reduce risks. Heelstone has developed or brought into operation more than 80 solar PV projects with a combined capacity exceeding 1.2 GW, while also maintaining a growing pipeline of solar, wind, and battery storage assets across the United States. Its portfolio spans numerous states, reflecting a broad geographic footprint and a focus on scaling clean energy infrastructure to meet rising electricity demand. 

In 2024, Heelstone was acquired by Qualitas Energy, a global investment and asset management firm focused on energy transition and sustainable infrastructure. This acquisition has strengthened Heelstone’s financial backing and accelerated its strategic evolution into a fully integrated independent power producer (IPP). With access to capital, industry expertise, and a global platform, the company continues to expand its development pipeline, enhance its operational capabilities, and pursue growth opportunities through both organic development and strategic acquisitions.