About GridLiance
GridLiance is a company based in Brenham (United States) founded in 2014, and was acquired by NextEra Energy in September 2020. Transmission assets for electric grids are owned, operated, and maintained. GridLiance has completed 1 acquisition, including Valley Electric Association. Its chief executive, as recorded, is Calvin Crowder. GridLiance offers products and services including Transmission Infrastructure and Grid Modernization.
Company details
GridLiance was founded in 2014 and is headquartered in Brenham, United States. Transmission-only utility services are provided within the electric power sector. Assets are owned, developed, financed, constructed, operated, and maintained to support grid reliability. Collaborations occur with electric cooperatives, municipal utilities, and renewable energy developers. Infrastructure upgrades are focused on addressing transmission challenges for rural and municipal utilities, ensuring access to services.
- Headquarters Brenham, United States
- Stage Acquired
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website gridliance.com
- Social LinkedIn
- Acquired by NextEra Energy (Sep 2020)
- Legal Name Gridliance
- Latest Funding Round$185M (USD), Debt – Conventional
Aug 2019
- InvestorsNextEra Energy
& 1 more
- Investments & Acquisitions
- Acquired byNextEra Energy
(Sep 2020)
Products & Services of GridLiance
GridLiance offers a comprehensive portfolio of products and services, including Transmission Infrastructure and Grid Modernization.
Electric transmission infrastructure is enhanced by GridLiance to meet growing energy demands and support communities.
The electric grid is modernized by GridLiance through collaborations that address energy needs and promote reliability.
Funding Insights of GridLiance
- Total Rounds 2
- Last Round Debt – Conventional β $185M
- First Round $65M
(Oct 2018)
- Investors Count 1
All 2 funding rounds of GridLiance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | $185M | Debt – Conventional | β | β | β |
| Oct 2018 | $65M | Debt – Conventional | β | β |
2 investors in total: 2 institutional.
Investors in GridLiance
GridLiance has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include NextEra Energy and KeyBank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Regional bank | 1849 | key.com | Cleveland, United States | |
Developer of energy solutions | 1925 | nexteraenergy.com | Juno Beach, United States |
Investor details for GridLiance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of GridLiance
19 people are tracked at GridLiance (9 in leadership, 4 in board & advisors, 6 in team).
| Name | Role | Group |
|---|---|---|
Calvin Crowder | CEO & President | Leadership |
J. Calvin Crowder | President and Chief Executive Officer | Leadership |
Noman L. Williams | Senior Vice President, Operations | Leadership |
N. Beth Emery | Senior Vice President, General Counsel and Secretary | Leadership |
Rachana Vidhi | Director | Leadership |
Jim Useldinger | VP Operations | Leadership |
Angela Herrington Vartabedian | Director, Assistant General Counsel - Corporate At Gridliance, A Blackstone Portfolio Company | Leadership |
Kevin Donnelly | VP Corporate Development | Leadership |
Joe Loner | VP, Finance and Treasurer | Leadership |
Michael G. Morris | Director | Board & advisors |
Sean T. Klimczak | Director | Board & advisors |
JP Munfa | Director | Board & advisors |
Terry Boston | Director | Board & advisors |
Malinda Simpson | Assistant General Counsel | Team |
Savannah E. C. | Office Administrator | Team |
Patrick Jehring | Systems Planning Manager | Team |
Geneva Lewis | HR Manager | Team |
Aaron Stewart | Systems Planning Manager | Team |
Tammy Tinsley | Office Manager | Team |
Complete people profiles for GridLiance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by GridLiance
GridLiance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Valley Electric Association.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Electricity and communications services are provided by the cooperative. | vea.coop | Pahrump, United States | 1965 | Sep 2017 | β’β’β’β’ |
Complete acquisition details for GridLiance
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of GridLiance
5 dated milestones of GridLiance across 6 years, from founding to its latest funding, stage changes and deals.
- Founded GridLiance is founded.
- Acquisition Acquires Valley Electric Association.
- Funding First funding round of $65.0M.
- Funding Latest funding round, Debt β Conventional, of $185.0M.
- Exit Acquired by NextEra Energy.
Web traffic of GridLiance
The website of GridLiance (gridliance.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▼ 14.6% vs previous month
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Frequently Asked Questions about GridLiance
GridLiance was founded in 2014 and raised its 1st funding round 4 years after it was founded.
GridLiance is headquartered in Brenham, United States. It is registered at Brenham, Texas, United States.
Calvin Crowder is the CEO of GridLiance, as recorded in our data.
GridLiance was founded in 2014 and is headquartered in Brenham, United States. Transmission-only utility services are provided within the electric power sector. Assets are owned, developed, financed, constructed, operated, and maintained to support grid reliability. Collaborations occur with electric cooperatives, municipal utilities, and renewable energy developers. Infrastructure upgrades are focused on addressing transmission challenges for rural and municipal utilities, ensuring access to services.
GridLiance offers Transmission Infrastructure and Grid Modernization.
GridLiance has made 1 acquisition, including Valley Electric Association.
GridLiance has 2 investors. Key investors include NextEra Energy, and KeyBank.
GridLiance operates through Gridliance.
Yes. GridLiance was acquired by NextEra Energy in September 2020.
