BHI Energy

Weymouth, United States Founded: 1979 • Age: 47 yrs Acquired By United Utility Services
Renewable energy and oil gas projects are developed.
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About BHI Energy

BHI Energy is a company based in Weymouth (United States) founded in 1979 was acquired by United Utility Services in September 2022.. The company has 4,380 employees as of December 31, 2021. BHI Energy has completed 2 acquisitions, including D&D Power and Plaska Transmission. BHI Energy offers products and services including Renewables Services, Oil and Gas Services, Mechanical and Welding, Automated Monitoring, and Training Programs. BHI Energy operates in a competitive market with competitors including Invenergy, Longroad Energy, Sempra Energy, Realta Fusion and Swift Current Energy, among others.

  • Headquarter Weymouth, United States
  • Employees 4380 as on 31 Dec, 2021
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bhi Energy Power Services Llc
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Energy & Utilities → Renewable & Clean Energy
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    4380

    as on Dec 31, 2021

  • Investments & Acquisitions
    D&D Power

    & 1 more

  • Acquired by
    United Utility Services

    & 3 more

    (Sep 28, 2022)

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Products & Services of BHI Energy

BHI Energy offers a comprehensive portfolio of products and services, including Renewables Services, Oil and Gas Services, Mechanical and Welding, Automated Monitoring, and Training Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides hydro and solar energy solutions and maintenance

Offers operations and monitoring for oil and gas sectors

Delivers mechanical repairs and welding for industrial projects

Implements systems for automated energy monitoring and control

Conducts training for energy sector professionals and craft workers

People of BHI Energy
Headcount 500-1000
Employee Profiles 57
Employee Profiles
People
Jillian Crum
Project Expeditor
People
Steve Morisky
Principal Project Manager - PMP
People
Jesse Drzewiecki
Project Manager
People
Doug Bowman
Project Manager

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Funding Insights of BHI Energy

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2004 Amount Private Equity Round - BHI Energy Valuation Summit Partners , Berkshire Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BHI Energy

BHI Energy has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Westinghouse, Summit Partners and Berkshire Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Summit Partners is recognized as a growth equity investment firm.
Founded Year Domain Location
Private equity investments are directed toward growth-stage companies.
Founded Year Domain Location
Harvest Partners is engaged in alternative investment strategies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BHI Energy

BHI Energy has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include D&D Power and Plaska Transmission. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Electricity transmission-based utility projects are developed in the energy sector.
2009
Installation and maintenance services for power grids are provided.
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - BHI Energy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bhi Energy Comparisons

Employees
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Competitors of BHI Energy

BHI Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Invenergy, Longroad Energy, Sempra Energy, Realta Fusion and Swift Current Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Sustainable energy solutions are developed and operated worldwide.
domain founded_year HQ Location
Utility-scale wind and solar power projects are developed.
domain founded_year HQ Location
Natural gas and electric utilities are developed and operated worldwide.
domain founded_year HQ Location
Nuclear energy projects are developed in Madison, United States.
domain founded_year HQ Location
Renewable energy project developer and investor
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bhi Energy

Frequently Asked Questions about BHI Energy

When was BHI Energy founded?

BHI Energy was founded in 1979 and raised its 1st funding round 25 years after it was founded.

Where is BHI Energy located?

BHI Energy is headquartered in Weymouth, United States. It is registered at Weymouth, Massachusetts, United States.

How many employees does BHI Energy have?

As of Dec 31, 2021, the latest employee count at BHI Energy is 4,380.

What does BHI Energy do?

BHI Energy was founded in 1979 and is headquartered in Weymouth, United States. Operations focus on the energy sector, where renewable energy initiatives and oil gas projects are developed. Services encompass project management, engineering, and construction support across various energy domains. The companys domain is bhienergy.com, serving clients in the United States and beyond with established expertise in sustainable and traditional energy solutions.

Who are the top competitors of BHI Energy?

BHI Energy's top competitors include Invenergy, Longroad Energy and Sempra Energy.

What products or services does BHI Energy offer?

BHI Energy offers Renewables Services, Oil and Gas Services, Mechanical and Welding, Automated Monitoring, and Training Programs.

How many acquisitions has BHI Energy made?

BHI Energy has made 2 acquisitions, including D&D Power, and Plaska Transmission.

Who are BHI Energy's investors?

BHI Energy has 6 investors. Key investors include Westinghouse, Summit Partners, Berkshire Partners, Harvest Partners, and United Utility Services.

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