Heelstone has been advancing the solar industry since 2012

Early Beginnings, 2012

Heelstone was established and its founders leveraged experience in structured finance to acquire mid to late-stage development projects within North Carolina.

An Investment for the Future, 2019

In June 2019, Heelstone received an investment from Ares Infrastructure and Power, a subsidiary of Ares Management Corporation (NYSE: ARES), as a part of a partnership to develop utility-scale solar projects across the US.

Acquistion and Growth, 2024

In May 2024, Heelstone was acquired by Qualitas Energy, a leading global fund manager specializing in renewable energy, energy transition, and sustainable infrastructure.

OUR STORY

OUR STORY

Leading developers advancing renewable energy development

Heelstone was founded in 2012 and since that time it has experienced steady growth and solidified itself as a leader in the industry. Its founders leveraged their extensive structured finance expertise to acquire mid and late-stage development projects in solar markets across the country.

As Heelstone continued to grow and evolve, it was able to organically develop an expertise spanning all components of the downstream solar value chain; that is, greenfield development, mid-stage development, finance, construction, and operation. In 2024, Heelstone was acquired by Qualitas Energy, a leading global fund manager specializing in renewable energy, energy transition, and sustainable infrastructure, from funds managed by Ares Management Corporation’s Infrastructure and Power Group (AIPG). This new partnership between Qualitas and Heelstone will propel the company’s growth trajectory, evolving it from a state-of-the-art developer into a comprehensive IPP Platform.

Our Values

We work to bring value in everything we do. For our partners and the communities we serve, we bring trusted experience, charted efficiency, and adaptability to meet the challenges of any project. Through listening to stakeholders, we build and improve the solar value chain.

Experience

Our projects work thanks to years of finance and solar development experience.

Efficiency

With strategic planning, we bring projects into commercial operation on schedule and within budget.

Adaptibility

Renewable energy presents its challenges, and Heelstone has more than a decade of experience problem solving these issues.

Interested in joining our team?