Catamount Energy Corporation

Rutland, United States Founded: 1986 • Age: 40 yrs Acquired By Duke Energy
Wind Energy IPP
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About Catamount Energy Corporation

Catamount Energy Corporation is a company based in Rutland (United States) founded in 1986 was acquired by Duke Energy in June 2008.. Catamount Energy Corporation has raised $100 million across 1 funding round from investors including Duke Energy and Diamond Castle. Catamount Energy Corporation offers products and services including Downhole Tools and Directional Drilling Services. Catamount Energy Corporation operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Duke Energy, ScottishPower and EDP Renewables, among others.

  • Headquarter Rutland, United States
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Act Energy Technologies Ltd.
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $100 M (USD)

    in 1 rounds

  • Latest Funding Round
    $100 M (USD), Private Equity Round

    Mar 21, 2007

  • Investors
    Duke Energy

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Duke Energy

    (Jun 26, 2008)

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Products & Services of Catamount Energy Corporation

Catamount Energy Corporation offers a comprehensive portfolio of products and services, including Downhole Tools and Directional Drilling Services. 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

Tools for ultra-high performance in directional drilling operations.

Services for precise wellbore placement and extended reach drilling.

Funding Insights of Catamount Energy Corporation

Catamount Energy Corporation has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $100 million completed in March 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Private Equity Round — $100.0M
  • First Round

    (21 Mar 2007)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2007 Amount Private Equity Round - Catamount Energy Corporation Valuation

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Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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investors

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Investors in Catamount Energy Corporation

Catamount Energy Corporation has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Duke Energy and Diamond Castle. 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
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Renewable electricity is produced and distributed across multiple states.
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 Catamount Energy Corporation

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

Financial Statements - Catamount Energy Corporation

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

Catamount Energy Corporation Comparisons

Employees
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Competitors of Catamount Energy Corporation

Catamount Energy Corporation 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 Octopus Energy, NextEra Energy, Duke Energy, ScottishPower and EDP Renewables, 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
Utility bill management platform is provided for tracking and billing.
domain founded_year HQ Location
Developer of energy solutions
domain founded_year HQ Location
Renewable electricity is produced and distributed across multiple states.
domain founded_year HQ Location
Wind energy is generated, transmitted, and distributed by ScottishPower.
domain founded_year HQ Location
Generation of wind power
domain founded_year HQ Location
Energy company
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 Catamount Energy Corporation

Frequently Asked Questions about Catamount Energy Corporation

When was Catamount Energy Corporation founded?

Catamount Energy Corporation was founded in 1986 and raised its 1st funding round 21 years after it was founded.

Where is Catamount Energy Corporation located?

Catamount Energy Corporation is headquartered in Rutland, United States. It is registered at Rutland, Vermont, United States.

Is Catamount Energy Corporation a funded company?

Catamount Energy Corporation is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $100M, raised on Mar 21, 2007.

What does Catamount Energy Corporation do?

Catamount Energy Corporation was founded in 1986 and focuses on the wind energy sector as an independent power producer. Wind projects are developed, owned, and operated across the United States and the United Kingdom. In 2007, a 50 stake in EPG Fuel Cell was acquired for fuel cell-based power development. The company is now operated as part of Duke Energy, with headquarters in Rutland, United States.

Who are the top competitors of Catamount Energy Corporation?

Catamount Energy Corporation's top competitors include Octopus Energy, NextEra Energy and Neoen.

What products or services does Catamount Energy Corporation offer?

Catamount Energy Corporation offers Downhole Tools and Directional Drilling Services.

Who are Catamount Energy Corporation's investors?

Catamount Energy Corporation has 2 investors. Key investors include Duke Energy, and Diamond Castle.

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