Founded in 2010 and headquartered in New York City, D. E. Shaw Renewable Investments (DESRI) is a leading developer, owner, and operator of utility-scale solar, wind, and battery storage assets across the United States, backed by global investment firm D. E. Shaw & Co. DESRI develops projects from origination through construction, financing, and long-term operations, and has signed major power purchase agreements with technology companies including an 850-megawatt deal with Meta in 2026 spanning Oklahoma, Texas, and Mississippi. The firm has raised hundreds of millions of dollars from investors including Macquarie Asset Management and Harbert Infrastructure.