SunGrid Solutions Inc.
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SunGrid Solutions Inc. - overview
Established
2011
Location
-, ON, Canada
Primary Industry
Renewable Energy
About
Founded in 2011, and based in Cambridge, Ontario, Canada, SunGrid Solutions Inc. operates as an energy renewable company that provides battery energy storage solution (BESS) services. Though based and headquartered in Ontario, SunGrid also has locations in New York, Texas, and Oregon, with its US headquarters being in Texas. In January 2022, Hull Street Energy, a portfolio company of SunGrid Solutions Inc.
, acquired SunGrid Solutions Inc. As of 2022, the company is headed by CEO Jeremy Goertz. SunGrid Solutions operates as a battery energy storage engineering and construction company providing services for energy storage and solar projects. Specifically, it provides renewable energy solutions, energy storage solutions, and on-site generation solutions.
The company’s team of engineers and managers focuses on designing, constructing, and building projects scaling from 100kW to 200MW within the Energy Storage and Generation Space to achieve a cost-effective and sustainable energy solution for businesses. The company obtains its revenue through projects. The company focuses on the BESS industry, bringing its engineering-first delivery strategy to Turnkey and Balance of Plant EPC, and Integrated BESS enclosure systems including its PowerPlay and SimpleOS platform. With the acquisition of Sungrid Solutions, Hull Street Energy aims to expand its engineering, procurement, and construction (EPC) footprint, and proprietary SunGrid PowerPlay and SimpleOS technology solutions.
Current Investors
Hull Street Energy
Primary Industry
Renewable Energy
Sub Industries
Engineering, Solar Power, Energy Storage & Batteries
Website
www.sungridsolutions.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
SunGrid Solutions 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 | RA Electric, Inc. | - | ||||||||
| Add-on | Completed | SunGrid Solutions Inc. | - |
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