Maxwell Power
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About
Maxwell Power, formerly known as HDM Renewable Finance, is a San Diego-based company that finances and deploys solar and battery storage systems for residential and small commercial customers, offering long-term power purchase contracts designed to lock in energy savings 12. Since its 2018 founding, Maxwell has invested over $1 billion to help customers save an estimated $200 million on energy costs 12. The company partners with sales and installation companies that serve consumers in markets where retail electricity prices have risen sharply — particularly the Mid-Atlantic, New England, and Pacific states, where prices increased 19% or more between 2022 and 2025 1.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-06-01 | Strategic Capital Commitment | $750M | Fairtide Partners | 123 |
What Investors Say
“We have worked with the Company’s leaders since 2010 and partnered with Maxwell since its founding in 2018. Maxwell has a great track record of delivering high-quality assets that create value for consumers and investors.” — Nat Kreamer, Founder, Fairtide Partners 1
What Founders Say
No independently sourced founder quotes found at time of profile creation.
Sources
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“Maxwell Power Raises $750 Million from Fairtide Partners,” PR Newswire, June 1, 2026. https://www.prnewswire.com/news-releases/maxwell-power-raises-750-million-from-fairtide-partners-302784641.html↩↩↩↩↩
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“Maxwell Power Secures $750 Million Investment from Fairtide Partners,” Mercom Capital Group, June 2026. https://mercomcapital.com/maxwell-power-secures-750-million-investment-from-fairtide-partners/↩↩↩
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“Maxwell Power secures US$750 million for solar-plus-storage projects,” PV Tech, June 2026. https://www.pv-tech.org/maxwell-power-secures-us750-million-for-solar-plus-storage-projects/↩