About Direct Energy
Direct Energy is a company based in Houston (United States) founded in 1986 was acquired by NRG Energy in July 2020. It operates as a Subscription Services and Direct-to-Consumer (D2C). Direct Energy has completed 7 acquisitions, including Astrum Solar, Astrum Solar and Authority Brands. Direct Energy offers products and services including Electricity Plans, Natural Gas Plans, and Vivint Smart Home Security.
- Headquarter Houston, United States
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Direct Energy
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
Not available
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Investors
NRG Energy
& 1 more
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Employee Count
Not available
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Investments & Acquisitions
Astrum Solar
& 6 more
- Acquired by
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Products & Services of Direct Energy
Direct Energy offers a comprehensive portfolio of products and services, including Electricity Plans, Natural Gas Plans, and Vivint Smart Home Security.
Electricity plans are offered for residential and business needs.
Natural gas plans are provided for various customer types.
Smart home security solutions are offered through Vivint partnership.
Funding Insights of Direct Energy
Detailed funding history for Direct Energy
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Investors in Direct Energy
Direct Energy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include NRG Energy and Centrica.
| Investor | Description | Founded Year | Domain | Location |
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Energy generation and storage are managed on a large scale.
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Locked | Locked | Locked | |
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Provider of renewable energy producer and supplier services
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Locked | Locked | Locked |
Investor details for Direct Energy
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Investments & Acquisitions by Direct Energy
Direct Energy has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Astrum Solar, Astrum Solar and Authority Brands.
Investment portfolio details for Direct Energy
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Solar PV modules are manufactured for renewable energy applications.
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Locked | Locked | 2014 | Locked | |
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Residential heating, air conditioning, and plumbing services are offered.
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Locked | Locked | 2013 | Locked | |
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SaaS-based energy management solutions are delivered to organizations.
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Locked | Locked | 2009 | Locked |
Complete acquisition details for Direct Energy
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- Transaction dates
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- Disclosed values
- Domains and locations
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Financial Statements - Direct Energy
Detailed financials for Direct Energy
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- Profit trends
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Direct Energy Comparisons
Peer comparison for Direct Energy
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Competitors of Direct Energy
Detailed competitors of Direct Energy
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Latest news on Direct Energy
Complete news archive for Direct Energy
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Frequently Asked Questions about Direct Energy
Direct Energy was founded in 1986.
Direct Energy is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Direct Energy is established as a provider of electricity and natural gas plans across multiple states in the United States and Canada. Services are offered to both residential and business customers, including small and large businesses. Solutions such as home protection and smart home security through partnerships like Vivint are also provided. The company operates in the energy sector, focusing on delivering flexible and renewable energy options to meet diverse customer needs.
Direct Energy offers Electricity Plans, Natural Gas Plans, and Vivint Smart Home Security.
Direct Energy has made 7 acquisitions, including Astrum Solar, Astrum Solar, and Authority Brands.
Direct Energy has 2 investors. Key investors include NRG Energy, and Centrica.