Veren (NYSE:VRN) is a leading developer and operator of utility-scale renewable energy projects, specializing in solar, wind and energy storage solutions. The company designs, constructs and finances clean power facilities that supply electricity to industrial, commercial and municipal customers under long-term power purchase agreements (PPAs). Veren’s integrated model encompasses project development, engineering, procurement and construction (EPC), as well as ongoing operations and maintenance, enabling the firm to deliver reliable, low-carbon energy at competitive rates.
Founded in 1987 and headquartered in Houston, Texas, Veren has completed more than 2,500 megawatts of installed capacity across North America, Latin America and Europe. Recent projects include utility-scale photovoltaic farms in California’s Central Valley, onshore wind farms in Spain’s Castilla-La Mancha region and battery-energy storage systems paired with industrial facilities in Brazil. The company leverages proprietary modeling software to optimize site selection, resource assessment and asset performance, driving higher yields and lower levelized costs of energy (LCOE).
Veren serves a diverse customer base that spans electric utilities, large commercial enterprises and public-sector entities. The company maintains strategic partnerships with global technology providers, financial institutions and local developers to co-invest in early-stage opportunities, accelerate permitting and streamline construction timelines. Its vertically integrated approach allows for flexible capital structures, including tax-equity financing, project debt and green bonds, to support rapid growth in emerging markets.
Under the leadership of Chief Executive Officer Jane Carlton, a veteran of the renewable energy industry, Veren has expanded its global footprint while maintaining a focus on sustainability and stakeholder engagement. The company’s senior management team includes Chief Financial Officer Marcus Liu, who brings extensive experience in project finance, and Chief Technology Officer Elena Morales, an expert in energy storage innovation. Together, they guide Veren’s mission to advance the clean-energy transition and deliver long-term value to investors, customers and communities.
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