About Gemma Power
Gemma Power is a company based in Glastonbury (United States) founded in 1997 was acquired by Argan in March 2018.. The company has 407 employees as of December 31, 2022. Gemma Power offers products and services including Combined Cycle Projects, Simple Cycle Projects, and Renewable Energy Projects. Gemma Power operates in a competitive market with competitors including Enel X, Nexamp, Recurrent Energy, Longroad Energy and Hillman Group, among others.
- Headquarter Glastonbury, United States
- Employees 407 as on 31 Dec, 2022
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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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Products & Services of Gemma Power
Gemma Power offers a comprehensive portfolio of products and services, including Combined Cycle Projects, Simple Cycle Projects, and Renewable Energy Projects. 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.
Utility-scale projects using combined cycle technology for efficient energy production
Projects delivering quick-response power generation solutions
Environmental projects focused on renewable and hydrogen-based systems
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Funding Insights of Gemma Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Gemma Power
Gemma Power has secured backing from 1 investor. Prominent investors backing the company include Argan. 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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Power projects are developed through subsidiaries by Argan.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Gemma Power
| 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 - Gemma 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 |
Gemma Power Comparisons
Competitors of Gemma Power
Gemma Power 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 Enel X, Nexamp, Recurrent Energy, Longroad Energy and Hillman Group, 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 |
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| domain | founded_year | HQ Location |
Utility-scale renewable energy projects are developed by Enel X.
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| domain | founded_year | HQ Location |
Clean energy projects are analyzed, designed, financed, built, and maintained.
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| domain | founded_year | HQ Location |
Utility-scale solar projects are developed and owned by Recurrent Energy.
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Utility-scale wind and solar power projects are developed.
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Hardware and home improvement products are supplied to retail markets.
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Utility-scale and commercial solar projects are developed worldwide.
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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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On-demand services are booked through an app-based platform.
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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 Gemma Power
Frequently Asked Questions about Gemma Power
When was Gemma Power founded?
Gemma Power was founded in 1997.
Where is Gemma Power located?
Gemma Power is headquartered in Glastonbury, United States. It is registered at Glastonbury, Connecticut, United States.
Who is the current CEO of Gemma Power?
Bill Griffin is the current CEO of Gemma Power.
How many employees does Gemma Power have?
As of Dec 31, 2022, the latest employee count at Gemma Power is 407.
What does Gemma Power do?
Founded in 1997 as a subsidiary of Argan, Gemma Power is based in Glastonbury, United States. Engineering, procurement, and construction services are offered, along with development and consulting, in the oil gas and renewable energy sectors. Projects include the 50MW Hilton Lively biomass plant, the 6MW Ravenbrook Landfill solar facility, and the 1.5MW Vantage Wind Energy initiative, among others.
Who are the top competitors of Gemma Power?
Gemma Power's top competitors include Enel X, Nexamp and Longroad Energy.
What products or services does Gemma Power offer?
Gemma Power offers Combined Cycle Projects, Simple Cycle Projects, and Renewable Energy Projects.
Who are Gemma Power's investors?
Gemma Power has 1 investor. Key investors include Argan.