CAES Development Overview

  • Year Founded
  • 1998

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 3

CAES Development General Information

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.

Contact Information

Website
www.caes.net
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Energy Storage
Acquirer
Corporate Office
  • 20445 State Highway 249
  • Suite 230
  • Houston, TX 77070
  • United States
+1 (281) 000-0000

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CAES Development Valuation & Funding

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

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CAES Development Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of compressed air energy storage (CAES) facilities. The company converts excess electricity generated at night
Energy Storage
Houston, TX
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000000 0000000
Houston, TX
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000000

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000000 0000000
London, United Kingdom
00 As of 0000
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0000000000 0 00000
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CAES Development Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Apex CAES Private Equity-Backed Houston, TX 0000000 0000
Highview Power Venture Capital-Backed London, United Kingdom 00 00000 0000000000 0 00000
Hydrostor Private Equity-Backed Toronto, Canada 000 00000 0000000 0000 00000
Convergent Energy and Power Private Equity-Backed New York, NY 000 00.000 000000000000 00.000
Plug Power Formerly VC-backed New York, NY 0000 00.000 00000000 00.000
You’re viewing 5 of 8 competitors. Get the full list »

CAES Development Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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CAES Development FAQs

  • When was CAES Development founded?

    CAES Development was founded in 1998.

  • Where is CAES Development headquartered?

    CAES Development is headquartered in Houston, TX.

  • What industry is CAES Development in?

    CAES Development’s primary industry is Energy Storage.

  • Is CAES Development a private or public company?

    CAES Development is a Private company.

  • What is CAES Development’s current revenue?

    The current revenue for CAES Development is 000000.

  • Who are CAES Development’s investors?

    CCMP Capital Advisors and Haddington Ventures have invested in CAES Development.

  • Who are CAES Development’s competitors?

    Apex CAES, Highview Power, Hydrostor, Convergent Energy and Power, and Plug Power are some of the 8 competitors of CAES Development.

  • When was CAES Development acquired?

    CAES Development was acquired on 23-Nov-2009.

  • Who acquired CAES Development?

    CAES Development was acquired by FirstEnergy.

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