Northern Reliability, Inc.
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Northern Reliability, Inc. - overview
Established
2007
Location
Waterbury, VT, US
Primary Industry
Energy Storage & Batteries
About
Based in Vermont, US, and founded in 2007, Northern Reliability, Inc. , a. k. a.
NRI operates as a provider of power and energy storage solutions including energy storage systems, control and monitoring software, and microgrid solutions, solar-powered solutions, and solar obstruction lighting systems. In March 2022, KORE Power, Inc. , a portfolio company of Cleanhill Partners, acquired Northern Reliability, Inc. As part of the transaction, Jay Bellows, formerly President and CEO of Northern Reliability, Inc.
will be appointed as President of KORE Power, Inc. Northern Reliability provides power and energy storage services, including site analysis and feasibility studies, system engineering and design, equipment and parts procurement, system design and manufacture, system modifications and troubleshooting, installation, commissioning, and testing, owner and end-user training, remote monitoring and control, and maintenance, auditing, and upgrades. The company also provides north-view, a control and monitoring software that helps in enhancing grid management through multiple effective functions. In addition, the firm offers a wide range of solutions, such as energy storage systems, microgrid solutions, solar-powered solutions, solar obstruction lighting systems, and more.
Current Investors
KORE Power, Inc.
Primary Industry
Energy Storage & Batteries
Sub Industries
Solar Power, Energy Storage & Batteries, Analytics & Performance Software
Website
www.northernreliability.com
Verticals
Clean Technology
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Northern Reliability, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Northern Reliability, Inc. | - |
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