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CAES Development

1998 FOUNDED
M&A STATUS
M&A LATEST DEAL TYPE
3 FINANCING ROUNDS
Description

Developer of compressed air energy storage (CAES) facilities. The company converts excess electricity generated at night by base load coal and nuclear power plants into more profitable and flexible daytime energy.

Website
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Energy Production
Other Industries
Energy Storage
Acquirer
FirstEnergy
Primary Office
  • 20445 State Highway 249
  • Suite 230
  • Houston, TX 77070
  • United States

+1 (281) 000-0000

CAES Development Valuation and Funding

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

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CAES Development Former Investors

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

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CAES Development Executive Team (1)

Name Title Board
Seat
Contact
Info
Adam Dexter Chief Financial Officer & Vice President