Coast Energy Holdings, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Coast Energy Holdings, LLC - overview

Location

Manhattan Beach, CA, US

Primary Industry

Renewable Energy

About

Coast Energy, based in the US, specializes in providing innovative solar, energy storage, and microgrid solutions for commercial real estate, helping clients transform energy expenses into strategic financial advantages. Coast Energy Holdings, LLC operates in the energy sector, focusing on advanced energy solutions for commercial properties. Founded by Mark Stuart, the company is headquartered in Manhattan Beach, US. Mark Stuart has a history of entrepreneurship, previously founding other ventures.


In May 2021, Coast Energy received an investment from Crosstimbers Capital Group, although specific financial terms were not disclosed. The company has completed a total of 1 deal as of May 19, 2022. Coast Energy specializes in providing advanced solar, energy storage, and microgrid solutions tailored specifically for commercial real estate portfolios. Their core offerings aim to transform energy from a recurring operating expense into a strategic financial advantage, thereby enhancing property value and sustainability.


The company works closely with commercial property owners to identify underutilized spaces within their portfolios and develop customized energy strategies that align with their financial objectives. These services are designed to require zero capital expenditure while delivering immediate financial returns. Coast Energy serves a diverse client base across six states, including commercial property owners and real estate investment firms, making it a prominent player in the commercial solar market. Coast Energy's revenue model is primarily based on direct partnerships with commercial property owners, engaging in transactions that facilitate the implementation of their energy solutions.


The transactions often include project design, development, and management, which are structured as B2B engagements. Clients benefit from tailored energy strategies that lead to enhanced operational efficiency and increased Net Operating Income (NOI). While specific pricing details for their offerings are not disclosed, the company's trademark solutions are expected to provide significant financial returns, thus solidifying their value proposition in the marketplace. Coast Energy’s current pipeline includes over USD 1 bn in energy projects, reflecting a robust demand for their services in the commercial real estate sector.


Coast Energy is focused on expanding its product offerings and geographical reach. The company is developing new energy solutions aimed at enhancing efficiency and sustainability for commercial real estate clients. Additionally, Coast Energy plans to penetrate new markets, particularly in regions where demand for renewable energy solutions is on the rise. The funding received in May 2021 will support these initiatives, enabling the company to scale its operations and meet the increasing demand for energy solutions.


Current Investors

Crosstimbers Capital Group

Primary Industry

Renewable Energy

Sub Industries

Consulting Services, Power Generation Equipment & Services, Solar Power

Website

www.coastenergy.com

Verticals

Clean Technology

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Coast Energy Holdings, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedCoast Energy Holdings, LLC -

Displaying 1 - 1 of 1

Coast Energy Holdings, LLC - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.