Westmoreland Mining 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.

Westmoreland Mining LLC - overview

Established

1854

Location

Englewood, CO, US

Primary Industry

Mining

About

Westmoreland Mining LLC is a prominent entity in the energy generation sector, primarily engaged in coal production to support electricity generation for various utilities. Founded in 1854 in Englewood, US, Westmoreland Mining LLC focuses on coal production for energy generation. The company has consistently operated without publicized major pivots or changes. Currently, it does not have any known subsidiaries.


The firm has completed one deal, with its most recent deal dated June 20, 2019. Westmoreland Mining is a leading provider in the energy generation sector, primarily focusing on coal production. The company's core offerings include a variety of coal products utilized in electricity generation for both public and private power utilities. Westmoreland's coal is characterized by its high quality and is designed to meet the stringent requirements of energy producers across various regions.


The company serves a diverse client base, including regional power plants and large-scale industrial users, primarily located in the United States and Canada. Specifically, Westmoreland's coal mines, such as the San Juan Mine in New Mexico and the Genesee Mine in Alberta, cater to markets that require reliable and affordable energy sources, ensuring a continuous supply to meet the expanding energy demands. Westmoreland Mining generates revenue through direct sales of coal products to utility companies and industrial clients. The pricing structure is typically based on long-term contracts, which allows for a stable revenue stream through predictable sales volumes.


Transactions are executed on a business-to-business (B2B) basis, where clients purchase coal based on their specific energy needs and consumption rates. The company's flagship coal products, tailored for various applications within the energy sector, form the basis of these transactions. While specific pricing details for individual services are not disclosed, Westmoreland's solid relationships with their customer base support recurring revenue while ensuring compliance with market demands and regulatory standards. Westmoreland Mining has strategies focused on expanding its market presence.


Currently, there are no specific details on upcoming product launches or geographic expansions. The last recorded deal on June 20, 2019, aligns with the company's objectives to strengthen its coal production capabilities and meet the energy needs of its clients.


Primary Industry

Mining

Sub Industries

Coal & Lignite Mining

Website

www.westmoreland.com

Total Amount Raised

Subscriber access only

Westmoreland Mining 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)
Private DebtCompletedWestmoreland Mining LLC-

Displaying 1 - 1 of 1

Westmoreland Mining LLC - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

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.