Diligence memo · auto-generated · as of July 2, 2026
RENEWABLE ENERGY DEVELOPMENT Corp
RENEWABLE ENERGY DEVELOPMENT Corp looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
RENEWABLE ENERGY DEVELOPMENT Corp operates in Other Energy, based in SOUTH JORDAN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
RENEWABLE ENERGY DEVELOPMENT Corp has raised $2.0M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.7M on 2010-12-02.
Most recent recorded round closed around 2010-12-02.
Valuation (modeled)modeled
Provath models RENEWABLE ENERGY DEVELOPMENT Corp at approximately $22M (range $1.5M–$174M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.91× the median modeled value of Seed Other Energy companies in 2010–2012 (94 peers) — value vs value, same stage and era. Within the normal band (91% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 15.6 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 5.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 40% of Other Energy peers (2049 compared).
Modeled value ranks above 55% of those peers.
Closest niche peers: Community Energy Holdings, Inc., Gentry-Glori Energy Investment LLC, Phoenix Solar Holdings Corp., MegaWatt Solar, Inc., Allana Potash Corp..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.