About FirstLight Power
FirstLight Power is a company based in Glastonbury (United States) founded in 2006 was acquired by ENGIE in September 2008.. FirstLight Power has completed 1 acquisition, including Hydromega. FirstLight Power offers products and services including Clean Energy Solutions and Recreation and Stewardship Services.
- Headquarter Glastonbury, 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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- Legal Name Firstlight Power
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$97.5 M (USD), Debt – Conventional
May 12, 2023
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Investors
RBC Royal Bank
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
ENGIE
(Sep 02, 2008)
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Products & Services of FirstLight Power
FirstLight Power offers a comprehensive portfolio of products and services, including Clean Energy Solutions and Recreation and Stewardship 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.
Clean energy solutions are provided through hydroelectric and pumped storage projects to support energy transitions.
Recreation and stewardship services are offered by managing lands and shorelines for community and environmental benefits.
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Legal and Compliance
8 people
Operations Team
7 people
Leadership Team
7 people
Software Development Team
6 people
Hydro Team
6 people
Shift Team
4 people
Senior Team
4 people
Finance and Accounting
3 people
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Funding Insights of FirstLight Power
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $97.5M
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First Round
First Round
(12 May 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Debt – Conventional - FirstLight Power | 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 FirstLight Power
FirstLight Power has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include RBC Royal Bank, TD Bank and ENGIE North America. 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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Commercial banking services are provided to businesses and individuals.
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Founded Year | Domain | Location | |
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Financial services are offered through diverse subsidiaries.
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Founded Year | Domain | Location | |
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SME loans are provided to support business exports.
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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 FirstLight Power
FirstLight Power has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hydromega. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Live online radio station for motorcycle enthusiasts is provided.
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - FirstLight Power
| 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 |
Firstlight Power Comparisons
Competitors of FirstLight Power
| 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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Frequently Asked Questions about FirstLight Power
When was FirstLight Power founded?
FirstLight Power was founded in 2006 and raised its 1st funding round 17 years after it was founded.
Where is FirstLight Power located?
FirstLight Power is headquartered in Glastonbury, United States. It is registered at Glastonbury, Connecticut, United States.
What does FirstLight Power do?
FirstLight Power was founded in 2006 and is based in Glastonbury, United States. Hydroelectric power facilities are developed and operated by the company within the clean energy sector. Land and water resources are managed to support sustainable infrastructure, including engineering and development activities. Recreational opportunities are provided through these resources. Engagement with communities and stakeholders is maintained as part of operations.
What products or services does FirstLight Power offer?
FirstLight Power offers Clean Energy Solutions and Recreation and Stewardship Services.
How many acquisitions has FirstLight Power made?
FirstLight Power has made 1 acquisition, including Hydromega.
Who are FirstLight Power's investors?
FirstLight Power has 4 investors. Key investors include RBC Royal Bank, TD Bank, ENGIE North America, and Export Development Canada.