Midco Gen

Midland, United States Founded: 1987 • Age: 39 yrs Acquired By Capital Power
Producer and distributor of electricity for industrial use.

About Midco Gen

Midco Gen is a company based in Midland (United States) founded in 1987, and was acquired by Capital Power in July 2022. Producer and distributor of electricity for industrial use. Its chief executive, as recorded, is Doyle Beneby. Midco Gen offers products and services including Potatoes and Grain Marketing. Its legal entity is Maine Potato Growers, Inc.

Company details

Midco Gen, founded in 1987 in Midland, United States. Producer and distributor of electricity for industrial use Led by Doyle Beneby as CEO President. The company is dedicated to excellence, innovation, and customer satisfaction in its operations. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.

  • Headquarters Midland, United States
  • Stage Acquired
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  • Website midcogen.com
  • Acquired by Capital Power (Jul 2022)
  • Legal Name Maine Potato Growers, Inc
Key Metrics

Products & Services of Midco Gen

Midco Gen offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.

Potatoes
Agricultural Products

Potatoes are farmed and sold for food and industrial uses within agricultural contexts.

Grain Marketing
Marketing Services

Grains are promoted and distributed from farms to various markets.

Funding Insights of Midco Gen

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Midco Gen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2007Private Equity Round––
Valuation history

5 investors in total: 5 institutional.

Investors in Midco Gen

Midco Gen has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Manulife, EQT and Capital Power.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital fund focused on clean energy investments
omersinfrastructure.comAmsterdam, Netherlands
EQT is recognized as a global investment organization focused on value creation.
1994eqtgroup.comStockholm, Sweden
Infrastructure investments are focused on energy transition and digital economy by ArcLight.
2001arclight.com
Life insurance and diversified asset management services are provided.
1887manulife.comToronto, Canada
Provider of power generation facilities of energy sources
2009capitalpower.comEdmonton, Canada
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Investor details for Midco Gen

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 Midco Gen

1 people are tracked at Midco Gen (1 in leadership).

NameRoleGroup
Doyle Beneby
CEO & PresidentLeadership
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Complete people profiles for Midco Gen

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.

Timeline of Midco Gen

5 dated milestones of Midco Gen across 35 years, from founding to its latest funding, stage changes and deals.

  1. Founded Midco Gen is founded.
  2. Funding First funding round.
  3. Exit Acquired by EQT.
  4. Exit Acquired by OMERS Infrastructure.
  5. Exit Acquired by Capital Power.
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Frequently Asked Questions about Midco Gen

Midco Gen was founded in 1987 and raised its 1st funding round 20 years after it was founded.

Midco Gen is headquartered in Midland, United States. It is registered at Midland, Texas, United States.

Doyle Beneby is the CEO of Midco Gen, as recorded in our data.

Midco Gen, founded in 1987 in Midland, United States. Producer and distributor of electricity for industrial use Led by Doyle Beneby as CEO President. The company is dedicated to excellence, innovation, and customer satisfaction in its operations. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.

Midco Gen offers Potatoes and Grain Marketing.

Midco Gen has 5 investors. Key investors include Manulife, EQT, Capital Power, ArcLight, and OMERS Infrastructure.

Midco Gen operates through Maine Potato Growers, Inc.

Yes. Midco Gen was acquired by Capital Power in July 2022.

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