About El Paso Electric
El Paso Electric is a company based in El Paso (United States) founded in 1901 was acquired by Infrastructure Investments Fund in June 2019.. The company has 919 employees as of December 31, 2024. El Paso Electric operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Fortum, Cypress Creek Renewables and Neoen, among others.
- Headquarter El Paso, United States
- Employees 919 as on 31 Dec, 2024
- Stage Public
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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
*********
- Legal Name Excelerate Energy, Inc.
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Annual Revenue
$851.44 M-26.53as on Dec 31, 2024
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Net Profit
$32.88 M8.11as on Dec 31, 2024
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EBITDA
$317.8 M-6.9as on Dec 31, 2024
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Latest Funding Round
$958.34 K (USD), Grant
Mar 12, 2010
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Investors
OSTI.GOV
& 1 more
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Employee Count
919
as on Dec 31, 2024
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Acquired by
Infrastructure Investments Fund
(Jun 03, 2019)
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IPO & Listings of El Paso Electric
El Paso Electric is a publicly listed company on the NYSE with ticker symbol EE in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of El Paso Electric
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $958,339
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First Round
First Round
(12 Mar 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Grant - El Paso Electric | 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 El Paso Electric
El Paso Electric has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include OSTI.GOV and Infrastructure Investments Fund. 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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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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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 El Paso Electric
| 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 - El Paso Electric
| 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 |
El Paso Electric Comparisons
Competitors of El Paso Electric
El Paso Electric 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, Fortum, Cypress Creek Renewables and Neoen, 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 |
Developer of energy solutions
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| domain | founded_year | HQ Location |
Clean energy solutions for generation, retail, and heating are provided.
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| domain | founded_year | HQ Location |
Solar farms are owned, developed, and financed in the USA.
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| domain | founded_year | HQ Location |
Renewable energy is generated in solar, wind, and biomass sectors.
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| domain | founded_year | HQ Location |
Utility-scale renewable energy generation and decarbonization solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 El Paso Electric
Frequently Asked Questions about El Paso Electric
When was El Paso Electric founded?
El Paso Electric was founded in 1901 and raised its 1st funding round 109 years after it was founded.
Where is El Paso Electric located?
El Paso Electric is headquartered in El Paso, United States. It is registered at El Paso, Texas, United States.
How many employees does El Paso Electric have?
As of Dec 31, 2024, the latest employee count at El Paso Electric is 919.
What is the annual revenue of El Paso Electric?
Annual revenue of El Paso Electric is $851.44M as on Dec 31, 2024.
What does El Paso Electric do?
El Paso Electric supplies electric power to business and residential customers in west Texas and southern New Mexico. Operates 5-solar power production project which generates 114 kiloWatt power and has purchase power agreements(PPA) with 6-other solar projects which generates 102 megaWatt power. Claims to offering service to 417k customers. Customers can manage the services through the online portal. Also operating 30k street lights in New Mexico.
Who are the top competitors of El Paso Electric?
El Paso Electric's top competitors include Octopus Energy, NextEra Energy and Neoen.
Is El Paso Electric publicly traded?
Yes, El Paso Electric is publicly traded on NYSE under the ticker symbol EE.
Who are El Paso Electric's investors?
El Paso Electric has 2 investors. Key investors include OSTI.GOV, and Infrastructure Investments Fund.
What is El Paso Electric's ticker symbol?
The ticker symbol of El Paso Electric is EE on NYSE.