About American PowerNet
American PowerNet is an Energy & Utilities company based in Wyomissing (United States) founded in 1997, and was acquired by Axpo in December 2025. It provides wholesale electricity procurement for industrial and government entities worldwide. It operates on a B2B model. The company has 8 employees. American PowerNet offers products and services including Wholesale Electricity Services, Renewable Power, and Power Synch. Its focus areas include Energy, Electricity Supply, Wholesale and Procurement. Its legal entity is AMERICAN POWERNET SERVICES, LP. Its competitors include Paces, cQuant and WATTMORE; 3 of its 3 listed competitors have raised funding.
Company details
American PowerNet is an independent company focused on wholesale electric procurement, offering services like renewable power and power synchronization. They provide transparent fee structures and direct market access to help clients save costs. Serving large commercial, industrial, government, and university entities, they operate in deregulated electricity markets. Based in Wyomissing, Pennsylvania, they innovate in energy management solutions.
- Headquarters Wyomissing, United States
- Employees 8
- Stage Acquired
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website americanpowernet.com
- Social X Facebook
- Acquired by Axpo (Dec 2025)
- Legal Name American Powernet Services, Lp
Products & Services of American PowerNet
American PowerNet offers a comprehensive portfolio of products and services, including Wholesale Electricity Services, Renewable Power, and Power Synch.
Facilitates wholesale electricity buying for large entities
Offers green energy solutions for clients
Manages power synchronization and agreements
Investors in American PowerNet
American PowerNet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Axpo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Hydro power projects are developed by Axpo in Switzerland. | 2001 | axpo.com | Baden, Switzerland |
Investor details for American PowerNet
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Timeline of American PowerNet
2 dated milestones of American PowerNet across 28 years, from founding to its latest funding, stage changes and deals.
- Founded American PowerNet is founded.
- Exit Acquired by Axpo.
Competitors of American PowerNet
American PowerNet has 3 listed competitors in our database, 3 of them funded. They include Paces, cQuant and WATTMORE.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| paces.com | 2022 | Brooklyn, United States | $12.9M | Platform for evaluating sites for renewable project development | ||
| cquant.io | 2016 | Louisville, United States | $2.97M | 37 | Quantitative models for energy analytics and risk are provided. | |
| wattmore.com | 2017 | Denver, United States | $2.8M | 13 | Software solutions for solar energy and storage systems are provided. |
Detailed competitors of American PowerNet
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Top companies in Power Transmission & Distribution
2 companies that operate in the same segment as American PowerNet (Power Transmission & Distribution) in United States, ranked by their profile score on The Company Check.
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Related news about American Powernet
Complete news archive for American PowerNet
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Frequently Asked Questions about American PowerNet
American PowerNet was founded in 1997.
American PowerNet is headquartered in Wyomissing, United States. It is registered at Wyomissing, Pennsylvania, United States.
American PowerNet has 8 employees.
American PowerNet is an independent company focused on wholesale electric procurement, offering services like renewable power and power synchronization. They provide transparent fee structures and direct market access to help clients save costs. Serving large commercial, industrial, government, and university entities, they operate in deregulated electricity markets. Based in Wyomissing, Pennsylvania, they innovate in energy management solutions.
American PowerNet offers Wholesale Electricity Services, Renewable Power, and Power Synch.
American PowerNet has 1 investor. Key investors include Axpo.
American PowerNet operates through American Powernet Services, Lp.
Yes. American PowerNet was acquired by Axpo in December 2025.

