El Dorado is a corporate venture company that invests in and develops innovative companies offering energy-related technologies and services. Our focus is to identify new growth opportunities in the deregulated utility market and partner with companies poised to become industry leaders.
Our primary strategy is to invest in start-up, development stage and rapid expansion phase opportunities that complement the core electricity generating, distributing and marketing businesses of Pinnacle West. Typical investments range from $1 million to $5 million resulting in minority equity stakes in each portfolio company.
To date, El Dorado has invested over $30 million in its current portfolio of companies.