About EverPower
EverPower is a company based in Pittsburg (United States) founded in 2002 by James Spencer was acquired by innogy in December 2017.. EverPower has raised $55 million across 1 funding round from investors including Innogy, Good Energies and Terra Firma. EverPower operates in a competitive market with competitors including NextEra Energy, Duke Energy, Acciona Energy, Boralex and UPC Renewables, among others.
- Headquarter Pittsburg, United States
- Founders James Spencer
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of EverPower
EverPower has successfully raised a total of $55M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $55 million completed in October 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 Funding
- Total Rounds 1
- Last Round Private Equity Round — $55.0M
-
First Round
First Round
(03 Oct 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2007 | Amount | Private Equity Round - EverPower | Valuation |
investors |
| 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 EverPower
EverPower has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Innogy, Good Energies and Terra Firma. 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 |
|---|---|---|---|---|
|
Acquisition transactions are specialized in by this private equity firm.
|
Founded Year | Domain | Location | |
|
Provides comprehensive financial services focused on solar energy solutions.
|
Founded Year | Domain | Location | |
|
Power and gas are generated, transmitted, and distributed across Europe.
|
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 EverPower
| 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 - EverPower
| 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 |
Everpower Comparisons
Competitors of EverPower
EverPower 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 NextEra Energy, Duke Energy, Acciona Energy, Boralex and UPC 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 |
Developer of energy solutions
|
|
| domain | founded_year | HQ Location |
Renewable electricity is produced and distributed across multiple states.
|
|
| domain | founded_year | HQ Location |
Renewable energy is developed, constructed, and marketed globally.
|
|
| domain | founded_year | HQ Location |
Developer of renewable energy projects
|
|
| domain | founded_year | HQ Location |
Independent Power Producer
|
|
| domain | founded_year | HQ Location |
Independent renewable energy power producer
|
| 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 Everpower
Frequently Asked Questions about EverPower
When was EverPower founded?
EverPower was founded in 2002 and raised its 1st funding round 5 years after it was founded.
Where is EverPower located?
EverPower is headquartered in Pittsburg, United States. It is registered at Pittsburg, California, United States.
Who is the current CEO of EverPower?
James Spencer is the current CEO of EverPower. They have also founded this company.
Is EverPower a funded company?
EverPower is a funded company, having raised a total of $55M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $55M, raised on Oct 03, 2007.
What does EverPower do?
EverPower was established in 2002 in Pittsburgh, United States, as a developer, owner, and operator of utility-grade wind projects within the renewable energy sector. Operations focus on wind power generation, with a capacity of 752 MW achieved as of October 2015 and a development pipeline exceeding 2000 MW. The company has been a portfolio entity of Terra Firma, a private equity firm, since 2009.
Who are the top competitors of EverPower?
EverPower's top competitors include NextEra Energy, Xcel Energy and UPC Renewables.
Who are EverPower's investors?
EverPower has 3 investors. Key investors include Innogy, Good Energies, and Terra Firma.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.