Hazel Spindle Overview

  • Founded
  • 2012
Founded
  • Status
  • Private
  • Latest Deal Type
  • 2ndary - Private
  • Financing Rounds
  • 2

Hazel Spindle General Information

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.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Formerly PE-Backed
Primary Industry
Energy Storage
Other Industries
Other Energy Services
Primary Office
  • 65 Middlesex Road
  • Tyngsborough, MA 01879
  • United States
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Hazel Spindle Valuation & Funding

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

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