HomeUSAOne Energy Closes $35+M Series A Funding

One Energy Closes $35+M Series A Funding

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One Energy

One Energy, a Findlay, OH-based industrial power company and installer of on-site, behind-the-meter, wind energy in the United States, raised $35+M in Series A funding.

Backers were not disclosed. A portion of the funding of $2m is expected to close by the end of May 2024. The remaining Additional Series A Investments is contingent upon the fulfillment of certain conditions set forth in the investment documents on or before August 1, 2024.

The company intends to use the funds for working capital needs prior to the anticipated closing of its proposed business combination transaction with TRTL.

One Energy Enterprises is an industrial power company and installer of on-site, behind-the-meter, wind energy in the United States. The company has developed modern energy services intended to help customers control cost and risk, such as Wind for Industry® and Managed High Voltage®, both elements of its plans to build a customer-centric grid of the future.

The company currently has approximately 75 employees.

FinSMEs

29/05/2024

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