Chaberton Energy, a Maryland-based national solar developer, has achieved a significant milestone by ranking No. 34 on Inc. Magazine’s esteemed Inc. 5000 list, a recognition of America’s fastest-growing privately held companies. This marks the company’s first appearance on the list, a testament to its remarkable growth trajectory.
Chaberton’s success is underpinned by an impressive 7,300% revenue growth over the past three years, achieving profitability in its second year of operation. This achievement has propelled the company to the third-fastest growing energy company on this year’s Inc. 5000 list, solidifying its position as a leading force in America’s clean energy startup landscape.
Chaberton’s mission extends beyond profitability. The company is dedicated to developing solar projects for businesses and communities, providing access to clean energy while fostering economic growth and environmental justice. These projects offer a tangible solution to reduce carbon emissions and advance the transition to a more sustainable future.
Chaberton’s commitment to community outreach is exemplified by its Chaberton Cares program. This initiative provides direct funding to local non-profit organizations situated near their solar projects, demonstrating a commitment to community well-being alongside its pursuit of clean energy development.
With a footprint that extends across Maryland, Delaware, Virginia, New Jersey, Ohio, Illinois, New Mexico, California, and other states with supportive solar and clean energy policies, Chaberton is actively shaping the energy landscape. The company has expanded its project pipeline significantly, boasting over 740 megawatts of electric generating capacity, enough to power approximately 128,000 homes and offset 770,000 tons of carbon emissions annually.
Chaberton’s success has not gone unnoticed. Ben Baker, managing director and group head of Greenbacker’s Development Opportunities Fund (GDEV), a prominent investor in sustainable infrastructure development companies, expressed pride in being part of Chaberton’s journey. He lauded the company’s discipline and growth, further enabled by GDEV’s catalytic capital.
As Chaberton continues to grow, its commitment to innovation, excellence, and humanity remains unwavering. This dedication has been the driving force behind its remarkable growth and its unwavering commitment to a sustainable future.
