Overview

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Status
Acquired by on February 24, 2016
IPO / Stock
Went Public on Feb 21, 1992 / NYSE:POWR
Headquarters:
Wake Forest, North Carolina
Description:
PowerSecure International provides utility and energy technologies to electric utilities and their industrial and commercial customers.
Categories:
Electronics, Energy Efficiency, Manufacturing
Website:
http://www.powersecure.com
Social:

Company Details

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PowerSecure International, Inc. is a leading provider of utility and energy technologies to electric utilities, and their industrial, institutional and commercial customers. PowerSecure provides products and services in the areas of Interactive Distributed Generation ® (IDG®), energy efficiency and utility infrastructure. The company is a pioneer in developing IDG® power systems with sophisticated smart grid capabilities, including the ability to 1) forecast electricity demand and electronically deploy the systems to deliver more efficient, and environmentally friendly, power at peak power times, 2) provide utilities with dedicated electric power generation capacity to utilize for demand response purposes and 3) provide customers with the most dependable standby power in the industry. Its proprietary distributed generation system designs utilize a range of technologies to deliver power, including renewables. The company’s energy efficiency business develops energy efficient lighting technologies that improve the quality of light, including its proprietary EfficientLights® LED lighting products for grocery, drug and convenience stores, and its SecureLite area light and PowerLite street lights for utilities and municipalities. PowerSecure also provides electric utilities with transmission and distribution infrastructure maintenance and construction services, and engineering and regulatory consulting services.

Funding Rounds (2) - $65M

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DateAmount / RoundValuationLead InvestorInvestors
Sep, 2015$40M / Grant0
Jun, 2013$25M / Debt Financing0

Acquisitions (1)

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DateAcquiredAmount
Apr 15, 2013Unknown

Current Team (2)

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Board Members and Advisors (1)

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News (31)

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Offices/Locations (1)

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  • Headquarters

    1609 Heritage Commerce Ct.

    Wake Forest, North Carolina 27587

    United States

Images (1)

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