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Hazel Spindle

2012 FOUNDED
PRIVATE STATUS
PE Growth LATEST DEAL TYPE
1 FINANCING ROUNDS
Description

Operator of 20 MW flywheel energy storage plant. The company designs, builds and operates a flywheel energy storage frequency regulation plant at the Humboldt Industrial Park in Hazle Township, Pennsylvania. The plant will provide frequency regulation services to grid operator PJM Interconnection.

Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
Energy Production
Other Industries
Energy Infrastructure
Buildings and Property
Primary Office
  • 65 Middlesex Road
  • Tyngsborough, MA 01879
  • United States

Hazel Spindle Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Hazel Spindle Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Hazel Spindle Executive Team (1)

Name Title Board
Seat
Contact
Info
Ronald Staubly Project Manager