# EnergyRe funding: rounds and investors

> EnergyRe has raised $1.2B across 2 rounds since 2025. Investors include Bank of America, Novo Holdings and Santander. Every round with its source.

Source: https://millionrounds.com/company/energyre (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *EnergyRe*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

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Cleantech Energy

Raised 1 month ago

Funding summary Updated 27 Oct 2026

**$1.2B** raised across 2 rounds since 2025, from 4 sources

**$370M** Debt **$815M** Debt

- **Latest round:** Debt, $815M Oct 2026
- **Step-up i:** 2.2×
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$370M** Debt

**$815M** Debt

- **First round:** Debt, $370M
- **Biggest round:** $815M
- **Between rounds:** 12 months

## The rounds

- **Oct 2026** Debt **$815M** *2 new* *1 returning* [Santander](https://millionrounds.com/fund/santander) [Bank of America](https://millionrounds.com/fund/bank-of-america) [Canadian Imperial Bank of Commerce](https://millionrounds.com/fund/canadian-imperial-bank-of-commerce) Reported by Mercom Capital Group and 2 others
- **Oct 2025** Debt **$370M** *2 new* [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Bank of America](https://millionrounds.com/fund/bank-of-america) Source recorded

## Founders and team

From EnergyRe's own website: 32 on the team.

- **Bret Sowers** Vice President, Government Affairs & Strategy
- **David Brueck** Senior Vice President, Design Engineering & Procurement
- **Hamilton Davis** Vice President, Regulatory Affairs
- **Paul Fleury** Senior Vice President, Development, Southeast
- **Miguel Prado** CEO, energyRe
- **Pedro A. Pereira** CFO & CBDO, energyRe
- **Ryan Brown** COO, energyRe
- **Alex Fosnaugh** Development Analyst
- **Ammaar Syed** Development Analyst
- **Ava Deibert** Renewable Energy Associate
- **Ben Kressman** Development Analyst
- **Bruce Binney** Senior Project Developer
- **Derek Fry** Development Analyst
- **Diego Pedrazas** M&A Associate
- **Erin Hargett** Accounting Analyst
- **Hyo Lee Chung** M&A and Investments Analyst
- **Jeff T. Blau** Chairman, energyRe
- **Juno Lee** Finance Associate

And 14 more on the team.

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2025 **Debt** 2026 [Bank of America](https://millionrounds.com/fund/bank-of-america) [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Santander](https://millionrounds.com/fund/santander) [Canadian Imperial Bank of Commerce](https://millionrounds.com/fund/canadian-imperial-bank-of-commerce)

## Everyone who backed them

[Bank of America](https://millionrounds.com/fund/bank-of-america) Company **2** rounds

[Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **1** round

[Santander](https://millionrounds.com/fund/santander) VC firm **1** round

[Canadian Imperial Bank of Commerce](https://millionrounds.com/fund/canadian-imperial-bank-of-commerce) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=energyre).

## Also claim to have backed them

This firm lists EnergyRe as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Radial Power](https://millionrounds.com/fund/radial-power) Investor Per its own site

## Quick answers about EnergyRe

### Who invested in EnergyRe?

EnergyRe's investors include Bank of America, Novo Holdings, Santander and Canadian Imperial Bank of Commerce.

### How much has EnergyRe raised?

EnergyRe has raised $1.2B across 2 rounds since 2025.

### When did EnergyRe last raise?

EnergyRe's most recent round was a Debt of $815M in Oct 2026.

### What was EnergyRe's biggest round?

Its most recent round, $815M in Oct 2026, is also its largest on record.

### Who backed EnergyRe first?

EnergyRe's first round on record, in Oct 2025, was backed by Novo Holdings and Bank of America.

### What stage is EnergyRe at?

EnergyRe's latest named round is a Debt, in Oct 2026.

### Where is EnergyRe based?

EnergyRe is based in the United States.

## Companies like EnergyRe

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

## Find investors like these

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