APRIL 30, 2026
Euclid Acquires Thresh To Expand AI-Powered Capabilities
Today we announced the acquisition of Thresh Power, an AI-powered platform that automates diligence for renewables projects.
Euclid empowers renewable energy teams to deliver more projects with speed, precision and ease. Since 2021, Euclid has supported more than 1,100 renewable energy projects representing over 22 gigawatts of solar and storage capacity. They provide developers, IPPs, and infrastructure investors with a single source of truth for project data, purpose-built workflows for transaction management, financing, and compliance, and the technical and commercial expertise to make high-stakes decisions at every stage of the project lifecycle. Euclid's renewable energy specialists work as an extension of their clients' teams — identifying gaps, mitigating risks, and bringing the hands-on industry experience needed to deliver renewable energy projects at scale. Earlier this year, Euclid launched Red Flag Snapshot, which combines AI-driven document analysis with Euclid's deep renewables expertise to deliver a decision-ready diligence report within 24 hours.
“AI has the potential to fundamentally transform how renewable energy projects get evaluated, developed, acquired, and operated. It can unlock the industry’s ability to respond to growing power demand at a speed and scale that changes what's possible,” said Jacob Sandry, CEO of Euclid. “We are seeing Thresh turn this vision into a reality with an AI-native tool purpose-built for the complexity of solar and storage project diligence. Everything we build at Euclid is aimed at helping renewable energy teams move projects forward faster and with greater confidence. Layering Thresh's AI into our suite of software and services will accelerate how our customers deliver projects.”
Thresh was co-founded by Mark Grozen-Smith, a former Google Product Manager, and Lyon Lay, a former software engineer at Voltus, who together saw an opportunity to bring genuinely sophisticated AI tooling to renewable energy diligence. Their platform is designed with AI in its foundation to handle the volume, inconsistency, and complexity of renewable energy project data rooms, extracting critical inputs and surfacing the details that drive investment decisions. The result is a tool that lets teams interact directly with their project data, surface insights quickly, and spend less time hunting for information and more time acting on it.
The acquisition pairs Thresh's ability to extract and synthesize complex project data with Euclid's technical, commercial, and financial expertise across development, financing, and M&A, giving teams what they need to move from raw data room to investment decision faster and with greater confidence. Euclid will integrate Thresh's AI capabilities into its suite of software and services, expanding the tools its renewable energy specialists can use to deliver services across the project lifecycle, from transaction management and financing to compliance and construction oversight.
"The foundation of our quality of life is our infrastructure, but infrastructure development requires us to align an infinite number of details, which historically meant thousands of human-hours of work. Our vision with Thresh is to let AI rewrite that story and accelerate our infrastructure development,” said Mark Grozen-Smith, CEO of Thresh. “The best fuel for that fire is pairing up with industry veterans who can insert our AI capabilities directly into the process. Euclid's expertise, network, and top-tier execution team is a huge multiplier for Thresh that will set our clients ahead in the industry with high quality, high confidence development decisions and processes.”
If you'd like see Euclid's AI-powered capabilities, schedule a call with our team.
— Jacob Sandry, CEO