Michigan Electric Transmission Overview

  • Founded
  • 2001
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 35
Employees
  • Latest Deal Type
  • Debt Refin.
  • Financing Rounds
  • 4

Michigan Electric Transmission General Information

Description

Provider of electric transmission services in the United States. The company operates high-voltage systems that transmit electricity from generating stations to local electricity distribution facilities in Michigan and surrounding areas. It serves local distribution facilities connected to an area comprising 60 counties in Michigan and serves approximately 6 million end-use consumers. Its facilities include approximately 8,000 circuit miles of high-voltage lines, 236 stations and substations, approximately 61,000 transmission towers and poles, and 14 external interconnections, which connect the transmission lines to generation resources, distribution facilities, and neighboring transmission systems.

Contact Information

Website
www.metcllc.com
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Electric Utilities
Acquirer
Primary Office
  • 39500 Orchard Hill Place
  • Suite 200
  • Novi, MI 48375
  • United States
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Michigan Electric Transmission Valuation & Funding

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

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Michigan Electric Transmission Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Michigan Electric Transmission Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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