TruStar Energy
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TruStar Energy - overview
Established
2013
Location
White Plains, NY, US
Primary Industry
Renewable Energy
About
Based in New York, US, and founded in 2013, TruStar Energy Holdings Llc operates as a supplier of renewable natural gas fuel for the transportation sector. In April 2022, Fortistar, a privately-owned investment firm invested in TruStar Energy and is merging under Opal Fuels LLC. As of August 2022, the company provides its Solution across US and Canada with the assistance of more than 120 employees led by its CEO Adam Comora. TruStar Energy Holdings Llc design and constructs portable compressed natural gas and vertically integrates renewable natural gas for heavy-duty truck fleets.
The company manages all compressed natural gas (CNG) fueling station development, construction, and service. TruStar Energy completed 42 natural gas fueling station projects.
Current Investors
OPAL Fuels
Primary Industry
Renewable Energy
Sub Industries
Oil & Gas Exploration and Production, Renewable Energy
Website
www.trustarenergy.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
TruStar Energy - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Fortistar Methane Group, TruStar Energy | - | ||||||||
| Buyout | Completed | TruStar Energy | - |
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