Pinnacle Renewable Energy

Prince George, Canada Founded: 1989 • Age: 37 yrs Acquired By Drax
Wood pellets are produced for commercial heating applications.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Pinnacle Renewable Energy

Pinnacle Renewable Energy was established in 1989 in the renewable energy sector, focusing on wood pellet manufacturing. Industrial fuel pellets, residential heating fuels, natural sorbents, and animal bedding products are produced at seven plants across British Columbia, Canada, with annual output exceeding 1.5 million tonnes. The company, formerly known as Pinnacle Pellet, was acquired by ONCAPa division of Onex Corporationin May 2011 for C71 million.

  • Headquarter Prince George, Canada
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $530 M (USD), Debt – Conventional

    Jun 14, 2019

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Drax

    (Feb 08, 2021)

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Funding Insights of Pinnacle Renewable Energy

Investors in Pinnacle Renewable Energy

Pinnacle Renewable Energy has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Scotiabank and Bank of America.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services are provided internationally by Scotiabank.
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Commercial banking services are provided to individuals and businesses.
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Commercial banking services are provided to businesses and individuals.
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Investor details for Pinnacle Renewable Energy

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Investments & Acquisitions by Pinnacle Renewable Energy

Investments
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Financial Statements - Pinnacle Renewable Energy

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Pinnacle Renewable Energy Comparisons

Pinnacle Renewable Energy Primary company
Description
Wood pellets are produced for commercial heating application...
Location
Prince George, Canada
Founded Year
1989
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Pinnacle Renewable Energy

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Competitors of Pinnacle Renewable Energy

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Latest news on Pinnacle Renewable Energy

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Frequently Asked Questions about Pinnacle Renewable Energy

Pinnacle Renewable Energy was founded in 1989 and raised its 1st funding round 30 years after it was founded.

Pinnacle Renewable Energy is headquartered in Prince George, Canada. It is registered at Prince George, British Columbia, Canada.

Pinnacle Renewable Energy was established in 1989 in the renewable energy sector, focusing on wood pellet manufacturing. Industrial fuel pellets, residential heating fuels, natural sorbents, and animal bedding products are produced at seven plants across British Columbia, Canada, with annual output exceeding 1.5 million tonnes. The company, formerly known as Pinnacle Pellet, was acquired by ONCAPa division of Onex Corporationin May 2011 for C71 million.

Pinnacle Renewable Energy has 6 investors. Key investors include Canadian Imperial Bank of Commerce, Scotiabank, Bank of America, BMO, and Drax.

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