Con Edison Development Revenue and Competitors

Valhalla, NY USA

Location

N/A

Total Funding

Utilities

Industry

Estimated Revenue & Valuation

  • Con Edison Development's estimated annual revenue is currently $101.5M per year.(i)
  • Con Edison Development's estimated revenue per employee is $275,000

Employee Data

  • Con Edison Development has 369 Employees.(i)
  • Con Edison Development grew their employee count by -4% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$27.9M127-2%N/AN/A
#2
$39M16133%N/AN/A
#3
$260.3M84516%N/AN/A
#4
$3.9M25-34%N/AN/A
#5
$6.7M3823%N/AN/A
#6
$265.2M86112%N/AN/A
#7
$14.3M726%N/AN/A
#8
$4.2M2759%N/AN/A
#9
$108.6M39516%N/AN/A
#10
$125.1M4554%N/AN/A
Add Company

Who We Are Con Edison Development develops, owns and operates renewable and energy infrastructure projects. The company is an unregulated subsidiary of Consolidated Edison, Inc. [NYSE: ED], the nation's oldest and one of the largest investor-owned energy companies. How We Began Con Edison Development was formed in 1997. Through acquisitions, expansions and greenfield development, we quickly built a substantial portfolio of fossil-fueled and hydro-electric merchant generation assets in the Mid-Atlantic and New England regions that totaled 1700 MW. In 2008, the company completed the sale of its portfolio, realizing an approximate $400 million profit. Where We Are Today The company now is focusing on renewable energy and gas assets as part of an overall corporate goal of responsible environmental stewardship. Through its deep resources and trusted relationships with a range of energy-related companies, Con Edison Development has already built a substantial renewable energy pipeline nationwide. Our Mission By targeting renewable asset development and operating energy assets in an environmentally responsible manner, Con Edison Development helps build the leadership position of Consolidated Edison Inc. (Con Edison) in the industry and enhances its reputation as a responsible steward of the environment. Our Commitment to Renewable Energy Consolidated Edison, Inc., parent company of Con Edison Development, has publicly announced a significant capital investment to develop its renewable footprint. We are exploring opportunities to develop, own and operate a range of solar, wind, and energy storage installations in the United States.

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Total Funding

369

Number of Employees

$101.5M

Revenue (est)

-4%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Con Edison Development News

2022-04-20 - Good Morning, Brooklyn: Friday, April 22, 2022

... with the New York State Energy Research and Development Authority, ... in front of Con Edison on Flatbush Ave. in Downtown Brooklyn.

2022-04-17 - Consolidated Edison: Improving Prospects At A High Price

In theory, this approach should enable utilities to focus on maintenance and development of efficient infrastructure, instead of revenue...

2022-04-13 - MYR Group Inc. Subsidiary Awarded Timberland Solar Project with ConEdison

Con Edison Clean Energy Businesses, Inc. (ConEdison CEB) offers a ... behind the meter renewable development, construction and operation,...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$15M36911%N/A
#2
$35M704N/AN/A
#3
$367.4M1193-1%N/A
#4
$448.1M1455N/AN/A
#5
$300M3109N/AN/A