Midcoast Energy

Houston, United States Founded: 2018 • Age: 8 yrs Acquired By ArcLight
Integrated midstream services for natural gas and liquids are provided.
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About Midcoast Energy

Midcoast Energy is a company based in Houston (United States) founded in 2018 was acquired by ArcLight in August 2018.. Midcoast Energy operates in a competitive market with competitors including Dominion Energy, Eni Next, Shell, Oxy and Naturgy, among others.

  • Headquarter Houston, United States
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $830 M (USD), Debt – Conventional

    Jan 06, 2020

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    ArcLight

    (Aug 01, 2018)

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People of Midcoast Energy
Headcount 1000-5000
Employee Profiles 4
Employee Profiles
People
Shelly Pfleeger
Field Admin II

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Funding Insights of Midcoast Energy

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $830.0M
  • First Round

    (06 Jan 2020)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2020 Amount Debt – Conventional - Midcoast Energy 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

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Investors in Midcoast Energy

Midcoast Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ArcLight. 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.

All
Institutional
Investor Description Founded Year Domain Location
Infrastructure investments are focused on energy transition and digital economy by ArcLight.
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 Midcoast Energy

Investments
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 - Midcoast Energy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Midcoast Energy Comparisons

Employees
+
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Competitors of Midcoast Energy

Midcoast Energy 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 Dominion Energy, Eni Next, Shell, Oxy and Naturgy, 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
Energy production and transportation are conducted by Dominion Energy.
domain founded_year HQ Location
Provider of exploration, production, and distribution services of oil & gas
domain founded_year HQ Location
Shell is recognized as a global energy and petrochemical company.
domain founded_year HQ Location
Integrated petroleum services are provided worldwide by Oxy.
domain founded_year HQ Location
Electricity and natural gas distribution services are provided globally.
domain founded_year HQ Location
Gazprom is engaged in the exploration, production, and distribution of natural gas.
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 Midcoast Energy

Frequently Asked Questions about Midcoast Energy

When was Midcoast Energy founded?

Midcoast Energy was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Midcoast Energy located?

Midcoast Energy is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

What does Midcoast Energy do?

Midcoast Energy was founded in 2018 and is located in Houston, United States. Operations are centered in the energy sector, with integrated midstream services focused on natural gas and natural gas liquids. Handling, transportation, and processing of these resources are managed within the supply chain. The companys online presence is maintained through midcoastenergy.com, supporting industry stakeholders in the region.

Who are the top competitors of Midcoast Energy?

Midcoast Energy's top competitors include Dominion Energy, Shell and Oxy.

Who are Midcoast Energy's investors?

Midcoast Energy has 1 investor. Key investors include ArcLight.

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