About Primary Energy Recycling Corporation
Primary Energy Recycling Corporation works in conjunction with its customers by capturing and recycling waste energy from industrial and electric generation processes and converting it into reliable and economical electricity and thermal energy for resale back to its customers. It owns and operates four recycled energy projects and a 50 percent interest in a pulverized coal facility. These projects have a combined electrical generating capacity of 298 megawatts and a combined steam generating capacity of 1.8M lbshour. It was acquired by by a Consortium led by Fortistar in Oct, 2014.
- Headquarter Oak Brook, United States
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$110 M (USD), Debt – Conventional
May 24, 2012
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Investors
Ares Capital Corporation
& 4 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Primary Energy Recycling Corporation
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $110.0M
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First Round
First Round
(24 Aug 2005)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2012 | Amount | Debt – Conventional - Primary Energy Recycling Corporation | Valuation |
investors |
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| Aug, 2005 | Amount | Post-IPO - Primary Energy Recycling Corporation | Valuation |
investors |
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| 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 |
Investors in Primary Energy Recycling Corporation
Primary Energy Recycling Corporation has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Ares Capital Corporation, Prudential and EPCOR. 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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Private equity and debt investments are managed for businesses.
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Founded Year | Domain | Location | |
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Utilities including water, electricity, and gas are provided by EPCOR.
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Founded Year | Domain | Location | |
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Offers life insurance products, investment advice, and retirement planning for individuals and businesses.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Primary Energy Recycling Corporation
| 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 - Primary Energy Recycling Corporation
| 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 |
Primary Energy Recycling Corporation Comparisons
Competitors of Primary Energy Recycling Corporation
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Primary Energy Recycling Corporation
Frequently Asked Questions about Primary Energy Recycling Corporation
When was Primary Energy Recycling Corporation founded?
Primary Energy Recycling Corporation was founded in 2003 and raised its 1st funding round 2 years after it was founded.
Where is Primary Energy Recycling Corporation located?
Primary Energy Recycling Corporation is headquartered in Oak Brook, United States. It is registered at Oak Brook, Illinois, United States.
What does Primary Energy Recycling Corporation do?
Primary Energy Recycling Corporation works in conjunction with its customers by capturing and recycling waste energy from industrial and electric generation processes and converting it into reliable and economical electricity and thermal energy for resale back to its customers. It owns and operates four recycled energy projects and a 50 percent interest in a pulverized coal facility. These projects have a combined electrical generating capacity of 298 megawatts and a combined steam generating capacity of 1.8M lbshour. It was acquired by by a Consortium led by Fortistar in Oct, 2014.
Who are Primary Energy Recycling Corporation's investors?
Primary Energy Recycling Corporation has 5 investors. Key investors include Ares Capital Corporation, Prudential, EPCOR, Fortistar, and John Hancock.
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