American PowerNet

Wyomissing, United States Founded: 1997 • Age: 29 yrs Acquired By Axpo
Provides wholesale electricity procurement for industrial and government entities worldwide.

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
  • Sectors
    Energy & Utilities
  • Phone
    •••• ••••
  • Website americanpowernet.com
  • Social X Facebook
  • Acquired by Axpo (Dec 2025)
  • Legal Name American Powernet Services, Lp
Key Metrics

Products & Services of American PowerNet

American PowerNet offers a comprehensive portfolio of products and services, including Wholesale Electricity Services, Renewable Power, and Power Synch.

Wholesale Electricity Services
Procurement Service

Facilitates wholesale electricity buying for large entities

Renewable Power
Energy Service

Offers green energy solutions for clients

Power Synch
Synchronization Service

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Hydro power projects are developed by Axpo in Switzerland.
2001axpo.comBaden, Switzerland
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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.

  1. Founded American PowerNet is founded.
  2. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
paces.com2022Brooklyn, United States$12.9M
Platform for evaluating sites for renewable project development
cquant.io2016Louisville, United States$2.97M37
Quantitative models for energy analytics and risk are provided.
wattmore.com2017Denver, United States$2.8M13
Software solutions for solar energy and storage systems are provided.
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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electrical, hydraulic, and mechanical power management solutions are provided.
1911United StatesUSD 27.45 B92,000
Pumps and motors are manufactured by WEG for industrial use.
1961Duluth, United StatesUSD 7.45 B47,530
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Related news about 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's top competitors include Paces, cQuant and WATTMORE.

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.

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