Tucson Electric Power Overview
- Year Founded
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1892
- Status
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Private
- Employees
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1,401
- Latest Deal Type
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Accelerator/Inc
- Investors
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1
Tucson Electric Power General Information
Description
Provider of an electricity supply service intended to deliver safe, reliable power. The company generates, transmits, and distributes electric power; offers access to online account-management tools for viewing bills, tracking hourly and daily power usage, reporting outages, and making payments; and supports a growing mix of renewable energy and storage solutions, enabling consumers and clients to get reliable, affordable energy.
Contact Information
Website
www.tep.comCorporate Office
- P.O. Box 711
- Tucson, AZ 85702-0711
- United States
Corporate Office
- P.O. Box 711
- Tucson, AZ 85702-0711
- United States
Tucson Electric Power Timeline
Tucson Electric Power Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 17. Accelerator/Incubator | 10-Dec-2025 | Completed | Generating Revenue | |||
| 16. Debt Refinancing | 18-Feb-2025 | Completed | Generating Revenue | |||
| 15. Debt Refinancing | 07-Aug-2024 | Completed | Generating Revenue | |||
| 14. Debt Refinancing | 13-Feb-2023 | Completed | Generating Revenue | |||
| 13. Debt Refinancing | 15-Feb-2022 | Completed | Generating Revenue | |||
| 12. Debt - General | 15-Oct-2021 | Completed | Generating Revenue | |||
| 11. Debt Refinancing | 06-May-2021 | Completed | Generating Revenue | |||
| 10. Project Financing | 05-Aug-2020 | Completed | Generating Revenue | |||
| 9. Debt Refinancing | 06-Apr-2020 | $350M | $2.12B | Completed | Generating Revenue | |
| 8. Debt - General | 11-Dec-2019 | $225M | $1.77B | Completed | Generating Revenue |
Tucson Electric Power Comparisons
Industry
Financing
Details
Tucson Electric Power Competitors (23)
One of Tucson Electric Power’s 23 competitors is Florida Power & Light, a Private Debt Financed company based in Juno Beach, FL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Florida Power & Light | Private Debt Financed | Juno Beach, FL | ||||
| Southern California Edison | Private Debt Financed | Rosemead, CA | ||||
| Green Mountain Energy | Formerly VC-backed | Houston, TX | ||||
| Champion Energy Marketing | Formerly PE-Backed | Houston, TX | ||||
| Kynect | Formerly PE-Backed | Dallas, TX |
Tucson Electric Power Signals
Tucson Electric Power Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Wells Fargo Innovation Incubator | Accelerator/Incubator |
Tucson Electric Power Investments (4)
Tucson Electric Power’s most recent deal was a Corporate Asset Purchase with Alterna Springerville for . The deal was made on 31-Mar-2016.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Alterna Springerville | 31-Mar-2016 | Corporate Asset Purchase | Other Energy | ||
| Gila River Power (Gila Bend Power Station) | 10-Dec-2014 | Corporate Asset Purchase | Other Energy | ||
| Alterna Springerville | 01-Oct-2009 | Buyout/LBO | Other Energy | ||
| SunZia Transmission Project | 02-Jun-2008 | Joint Venture | Energy Transportation |
Tucson Electric Power FAQs
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When was Tucson Electric Power founded?
Tucson Electric Power was founded in 1892.
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Where is Tucson Electric Power headquartered?
Tucson Electric Power is headquartered in Tucson, AZ.
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What is the size of Tucson Electric Power?
Tucson Electric Power has 1,401 total employees.
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What industry is Tucson Electric Power in?
Tucson Electric Power’s primary industry is Electric Utilities.
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Is Tucson Electric Power a private or public company?
Tucson Electric Power is a Private company.
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What is Tucson Electric Power’s current revenue?
The current revenue for Tucson Electric Power is .
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How much funding has Tucson Electric Power raised over time?
Tucson Electric Power has raised $4.4B.
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Who are Tucson Electric Power’s investors?
Wells Fargo Innovation Incubator has invested in Tucson Electric Power.
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Who are Tucson Electric Power’s competitors?
Florida Power & Light, Southern California Edison, Green Mountain Energy, Champion Energy Marketing, and Kynect are some of the 23 competitors of Tucson Electric Power.
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