About Deepwater Wind
Deepwater Wind is a company based in Providence (United States) founded in 2008 was acquired by Orsted in October 2018.. Deepwater Wind operates in a competitive market with competitors including Octopus Energy, ScottishPower, Orsted, EDP Renewables and EDP, among others.
- Headquarter Providence, United States
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$290 M (USD), Debt – Conventional
Mar 02, 2015
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Investors
Société Générale
& 2 more
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Employee Count
Employee Count
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Acquired by
Orsted
(Oct 08, 2018)
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Funding Insights of Deepwater Wind
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $290.0M
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First Round
First Round
(02 Mar 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Debt – Conventional - Deepwater Wind | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Deepwater Wind
Deepwater Wind has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Société Générale, KeyBank and Orsted. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Full-service corporate advisory is provided to global clients.
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Founded Year | Domain | Location | |
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Regional bank
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Founded Year | Domain | Location | |
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Power generation via bioenergy, thermal, and wind sources is offered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Deepwater Wind
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Deepwater Wind
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deepwater Wind Comparisons
Competitors of Deepwater Wind
Deepwater Wind 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, ScottishPower, Orsted, EDP Renewables and EDP, 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.
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| domain | founded_year | HQ Location |
Wind energy is generated, transmitted, and distributed by ScottishPower.
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| domain | founded_year | HQ Location |
Power generation via bioenergy, thermal, and wind sources is offered.
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| domain | founded_year | HQ Location |
Generation of wind power
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| domain | founded_year | HQ Location |
Energy company
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| domain | founded_year | HQ Location |
Operator of hydro, geothermal, wind, solar, and biogas power plants
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Deepwater Wind
Frequently Asked Questions about Deepwater Wind
When was Deepwater Wind founded?
Deepwater Wind was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Where is Deepwater Wind located?
Deepwater Wind is headquartered in Providence, United States. It is registered at Providence, Rhode Island, United States.
What does Deepwater Wind do?
Deepwater Wind is a leading U.S. offshore wind and transmission developer. The companys Block Island Wind Farm is the first offshore wind farm in the US. It is a 30-megawatt, 5 turbine Wind Farm which is scheduled to be online in 2016. The company is actively planning offshore wind projects to serve multiple East Coast markets located 15 or more miles offshore, including New York, Massachusetts, Rhode Island, and New Jersey.
Who are the top competitors of Deepwater Wind?
Deepwater Wind's top competitors include Octopus Energy, ScottishPower and EDP Renewables.
Who are Deepwater Wind's investors?
Deepwater Wind has 3 investors. Key investors include Société Générale, KeyBank, and Orsted.
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