SB Energy DevCo (US), Inc.

Based in the US, SB Energy DevCo (US), Inc. is dedicated to developing and operating renewable energy solutions, primarily solar power facilities, to meet the increasing demand for sustainable energy. Founded in 2019 and headquartered in San Carlos, US, SB Energy DevCo (US), Inc. develops solar power projects aimed at utility and commercial clients.

The company has raised a total of USD 1 billion, with the most recent funding round occurring in January 2026, involving investors such as OpenAI and Softbank Capital. There are no mentions of any significant shifts in business strategy or operations since its inception. SB Energy specializes in renewable energy solutions, focusing on the development and operation of solar power facilities. Their offerings include large-scale solar photovoltaic (PV) projects designed to generate clean energy for utility companies and commercial clients.

These projects cater to a diverse client base across various geographical markets, including the United States, India, and Japan, emphasizing scalability and innovation. SB Energy's revenue model is structured around long-term power purchase agreements (PPAs) with utility companies, providing consistent income from energy sales. The company engages in B2B transactions, supplying solar energy directly to utility providers at agreed-upon rates, typically billed monthly according to the PPA terms. In January 2026, SB Energy DevCo (US), Inc.

raised USD 1 billion in venture funding from investors OpenAI and Softbank Capital. The company plans to utilize this funding for constructing AI data centers in the US. This expansion strategy aims to enhance their operational capabilities and support the growth of their renewable energy solutions to new markets.