US Department of Energy is a government agency that regulates energy policy, research, and development. The Energy Department's mission is to ensure America’s security and prosperity by addressing its energy, environmental, and nuclear challenges through transformative science and technology solutions.
DTE Energy is a major provider of gas and electric utility services in Michigan, serving approximately 2.3 million customers through its DTE Electric division and 1.3 million customers via DTE Gas. The company operates two regulated utilities that account for a significant portion of its earnings. In addition to its utility services, DTE Energy is involved in nonutility ventures, including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects. The company is committed to fostering community development and supports various initiatives through the DTE Energy Foundation, which focuses on arts, education, and environmental needs, among others.
FirstEnergy
Grant in 2024
FirstEnergy Corp. is a diversified energy company based in Akron, Ohio, specializing in the generation, transmission, and distribution of electricity across the United States. The company operates through regulated distribution and transmission segments, utilizing a diverse mix of energy sources, including coal, nuclear, hydroelectric, natural gas, wind, and solar power. FirstEnergy manages an extensive network of infrastructure, comprising over 24,486 circuit miles of transmission lines and approximately 269,691 miles of distribution lines. It serves around six million customers across multiple states, including Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. Founded in 1996, FirstEnergy aims to be a leading regional energy provider while offering various energy-related products and services to both retail and wholesale customers.
Shell
Grant in 2024
Shell is a global energy company focused on the exploration, production, refining, and marketing of oil and natural gas, along with the manufacturing and marketing of chemicals. As a wholly owned subsidiary of Royal Dutch Shell, it operates in over 70 countries and employs approximately 87,000 people. Shell aims to meet the world's increasing energy demands in a responsible manner, emphasizing a transition to lower-carbon energy solutions. The company is committed to advancing sustainability through innovative technologies and practices, striving to balance economic growth with environmental and social responsibilities. Shell continuously assesses market dynamics and competitive forces to enhance its operational performance and maximize sustainable cash flow while adhering to high standards of health, safety, and ethical compliance.
LongPath Technologies
Debt Financing in 2024
LongPath Technologies is a company that specializes in monitoring services for the oil and gas industry, utilizing advanced laser-based technology to detect leaks in natural gas infrastructure. The company's systems provide long-range capabilities for continuous emissions monitoring, allowing for the identification and quantification of emissions sources across extensive areas. This technology offers clients a cost-effective solution for accurate and precise data tailored to their specific monitoring needs. By empowering operators to validate gas performance, LongPath enhances operational credibility and supports sustainable practices within the sector.
PPL
Grant in 2024
PPL Corporation is a prominent holding company in the U.S. utility sector, overseeing regulated utilities in Pennsylvania, Kentucky, and Rhode Island. Its subsidiaries include PPL Electric Utilities, which delivers electricity across central and eastern Pennsylvania, as well as Louisville Gas and Electric and Kentucky Utilities, which engage in the regulated generation, transmission, and distribution of electricity and gas in Kentucky. Additionally, Rhode Island Energy provides electric and gas services in Rhode Island. PPL is dedicated to delivering reliable energy services while maintaining a strong commitment to customer satisfaction, consistently earning high rankings in service quality. The company emphasizes stable earnings and a secure dividend, appealing to investors looking for low-risk opportunities. Furthermore, PPL actively contributes to the communities it serves through job creation initiatives, charitable donations, and encouraging employee volunteerism, thereby enhancing the quality of life in those areas.
Eversource Energy
Grant in 2024
Eversource Energy is a public utility holding company engaged in the delivery of energy and water services to over 4 million customers across Connecticut, Massachusetts, and New Hampshire. The company operates through four primary segments: Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution. Eversource is the largest electric utility in Connecticut, serving more than 1.2 million customers, and also holds a significant position in New Hampshire, where it serves over 500,000 homes and businesses. The company has evolved through various acquisitions, including NStar in 2012 and Columbia Gas in 2020, and operates several regulated subsidiaries that deliver retail electricity, natural gas, and water services. Founded in 1927 and originally known as Northeast Utilities, Eversource Energy rebranded in 2015 and is headquartered in Hartford, Connecticut, and Boston, Massachusetts.
Allete
Grant in 2024
ALLETE, Inc. is an energy company based in Duluth, Minnesota, incorporated in 1906. It operates through two primary segments: Regulated Operations and ALLETE Clean Energy. The Regulated Operations segment includes Minnesota Power and Superior Water, Light and Power Company, which provide electric, natural gas, and water services to a significant number of customers in northeastern Minnesota and northwestern Wisconsin. Additionally, this segment encompasses an investment in American Transmission Company, a utility that maintains electric transmission infrastructure across parts of Wisconsin, Michigan, Minnesota, and Illinois. ALLETE Clean Energy focuses on the development, acquisition, and operation of clean and renewable energy projects, operating around 660 megawatts of wind energy generation. The company is also involved in coal mining operations in North Dakota and real estate investments in Florida, while owning and operating multiple substations with substantial capacity.
Baltimore Gas & Electric
Grant in 2024
BGE, www.bge.com, headquartered in Baltimore, is Maryland’s largest gas and electric utility, delivering power to more than 1.2 million electric customers and more than 650,000 natural gas customers in Central Maryland. The company’s approximately 3,400 employees are committed to the safe and reliable delivery of gas and electricity, as well as enhanced energy management, conservation, environmental stewardship and community assistance. BGE is a subsidiary of Exelon Corporation (NYSE: EXC), the nation’s leading competitive energy provider with approximately $33 billion in annual revenues.
Cummins India
Grant in 2024
Cummins India Limited, established in 1962, is the leading manufacturer of diesel and natural gas engines in the country. As part of the global Cummins Group, it operates through three main business units: Engine, Power Systems, and Distribution. The company designs and manufactures a range of products, including fuel systems, air handling systems, filtration products, emission solutions, and electric power generation systems. Cummins India serves various markets, offering engines for low, medium, and heavy-duty vehicles, as well as off-highway equipment in sectors like construction. Its extensive distribution network includes over 600 company-owned and independent distributor locations, along with more than 6,500 dealer locations across more than 190 countries and territories. The company's operations are organized into segments that focus on Engines, Power Generation, Components, and Distribution, with the Engine segment being the primary source of revenue.
Overseas Shipholding Group
Grant in 2024
Overseas Shipholding Group, Inc. is a leading provider of energy transportation services. We deliver crude oil and petroleum products throughout the world. We own and operate a combined fleet of 24 vessels registered in the United States. Our well maintained fleet and commitment to high quality, incident-free service positions us as a preferred cargo carrier of major oil and gas companies, refiners and traders throughout the world.
PPL
Grant in 2024
PPL Corporation is a prominent holding company in the U.S. utility sector, overseeing regulated utilities in Pennsylvania, Kentucky, and Rhode Island. Its subsidiaries include PPL Electric Utilities, which delivers electricity across central and eastern Pennsylvania, as well as Louisville Gas and Electric and Kentucky Utilities, which engage in the regulated generation, transmission, and distribution of electricity and gas in Kentucky. Additionally, Rhode Island Energy provides electric and gas services in Rhode Island. PPL is dedicated to delivering reliable energy services while maintaining a strong commitment to customer satisfaction, consistently earning high rankings in service quality. The company emphasizes stable earnings and a secure dividend, appealing to investors looking for low-risk opportunities. Furthermore, PPL actively contributes to the communities it serves through job creation initiatives, charitable donations, and encouraging employee volunteerism, thereby enhancing the quality of life in those areas.
RedoxBlox
Grant in 2024
RedoxBlox specializes in thermochemical energy storage technology aimed at decarbonizing high-temperature industrial thermal processing and enhancing natural gas power production. By providing a cost-effective alternative to fossil fuels, the company enables continuous energy discharge at high temperatures, significantly reducing carbon and nitrogen oxide emissions. Its system is designed to integrate seamlessly with existing infrastructure, improving grid resilience while supporting industrial processors and power plant operators. RedoxBlox's technology facilitates the electrification and storage of energy, allowing industries to harness renewable energy sources through large-scale, long-duration energy storage solutions.
Gas Technology Institute
Grant in 2024
Gas Technology Institute is a research, development, and training organization addressing energy and environmental challenges to enable a secure, abundant, and affordable energy future. The company provides economic value to the natural gas industry and energy markets by developing technology-based solutions for industry, government, and consumers. Its research initiatives address issues impacting the natural gas and energy markets across the industry’s value chain—supply, delivery, and end use. GTI offers an integrated systems perspective to expand the supply of affordable energy, ensure a safe and reliable energy delivery infrastructure, and promote the efficient use of energy resources. GTI is based in Des Plaines, Illinois, founded in 1941 as a non-profit corporation.
LongPath Technologies
Debt Financing in 2024
LongPath Technologies is a company that specializes in monitoring services for the oil and gas industry, utilizing advanced laser-based technology to detect leaks in natural gas infrastructure. The company's systems provide long-range capabilities for continuous emissions monitoring, allowing for the identification and quantification of emissions sources across extensive areas. This technology offers clients a cost-effective solution for accurate and precise data tailored to their specific monitoring needs. By empowering operators to validate gas performance, LongPath enhances operational credibility and supports sustainable practices within the sector.
Overseas Shipholding Group
Grant in 2023
Overseas Shipholding Group, Inc. is a leading provider of energy transportation services. We deliver crude oil and petroleum products throughout the world. We own and operate a combined fleet of 24 vessels registered in the United States. Our well maintained fleet and commitment to high quality, incident-free service positions us as a preferred cargo carrier of major oil and gas companies, refiners and traders throughout the world.
Renascent Energy Management
Grant in 2023
Renascent Energy Management is a privately held, technology-focused energy firm that develops decarbonization solutions for producing clean hydrogen from natural gas.
Allete
Grant in 2023
ALLETE, Inc. is an energy company based in Duluth, Minnesota, incorporated in 1906. It operates through two primary segments: Regulated Operations and ALLETE Clean Energy. The Regulated Operations segment includes Minnesota Power and Superior Water, Light and Power Company, which provide electric, natural gas, and water services to a significant number of customers in northeastern Minnesota and northwestern Wisconsin. Additionally, this segment encompasses an investment in American Transmission Company, a utility that maintains electric transmission infrastructure across parts of Wisconsin, Michigan, Minnesota, and Illinois. ALLETE Clean Energy focuses on the development, acquisition, and operation of clean and renewable energy projects, operating around 660 megawatts of wind energy generation. The company is also involved in coal mining operations in North Dakota and real estate investments in Florida, while owning and operating multiple substations with substantial capacity.
Xcel Energy
Grant in 2023
Xcel Energy is an electric and natural gas utility company based in Minneapolis, Minnesota, founded in 1909. It serves approximately 3.8 million electric customers and 2.2 million natural gas customers across eight states. The company is involved in the generation, transmission, distribution, and sale of electricity, utilizing a diverse mix of energy sources including coal, nuclear, natural gas, hydro, solar, biomass, oil, and wind. Xcel Energy is recognized as one of the largest suppliers of renewable energy in the United States, with over half of its electricity sales derived from carbon-free sources. Its operations are organized into five segments: electricity, natural gas, renewable energy, transmission, and innovation, which also includes the development and leasing of natural gas pipelines and related facilities.
Xcel Energy
Grant in 2023
Xcel Energy is an electric and natural gas utility company based in Minneapolis, Minnesota, founded in 1909. It serves approximately 3.8 million electric customers and 2.2 million natural gas customers across eight states. The company is involved in the generation, transmission, distribution, and sale of electricity, utilizing a diverse mix of energy sources including coal, nuclear, natural gas, hydro, solar, biomass, oil, and wind. Xcel Energy is recognized as one of the largest suppliers of renewable energy in the United States, with over half of its electricity sales derived from carbon-free sources. Its operations are organized into five segments: electricity, natural gas, renewable energy, transmission, and innovation, which also includes the development and leasing of natural gas pipelines and related facilities.
Southern California Gas
Grant in 2023
Southern California Gas Company is a regulated public utility that specializes in the distribution, transmission, and storage of natural gas. Headquartered in Los Angeles, California, the company serves approximately 22 million customers across Central and Southern California. Established in 1867, Southern California Gas operates an extensive network that includes over 3,000 miles of transmission and storage pipelines, more than 51,000 miles of distribution pipelines, and nearly 49,000 miles of service pipelines, along with nine transmission compressor stations. In addition to providing residential and commercial natural gas services, the company also offers energy efficiency programs to enhance energy conservation among its customers. As a subsidiary of Pacific Enterprises Inc., Southern California Gas plays a vital role in the energy infrastructure of the region.
Portland General Electric
Grant in 2023
Portland General Electric Company is a regulated electric utility based in Portland, Oregon, serving approximately 895,000 customers across 51 cities. Established in 1889, it provides comprehensive services including the generation, transmission, distribution, and retail sale of electricity. The company operates a diverse energy portfolio with seven thermal plants, seven hydroelectric plants, and two wind farms, totaling 3.5 gigawatts of generation capacity. Its extensive electric transmission system consists of 1,264 circuit miles, complemented by 27,755 circuit miles of distribution lines. In addition to its electric services, Portland General Electric also engages in the wholesale purchase and sale of natural gas across the United States and Canada. With a commitment to renewable energy and community involvement, the company aims to deliver reliable and affordable energy while reflecting the values of its customers.
Summit Natural Gas of Maine, Inc.
Grant in 2021
Summit Natural Gas of Maine, Inc. operates as a natural gas distributor.
Southern California Gas
Grant in 2020
Southern California Gas Company is a regulated public utility that specializes in the distribution, transmission, and storage of natural gas. Headquartered in Los Angeles, California, the company serves approximately 22 million customers across Central and Southern California. Established in 1867, Southern California Gas operates an extensive network that includes over 3,000 miles of transmission and storage pipelines, more than 51,000 miles of distribution pipelines, and nearly 49,000 miles of service pipelines, along with nine transmission compressor stations. In addition to providing residential and commercial natural gas services, the company also offers energy efficiency programs to enhance energy conservation among its customers. As a subsidiary of Pacific Enterprises Inc., Southern California Gas plays a vital role in the energy infrastructure of the region.
Atrex Energy
Grant in 2016
Atrex Energy provides a variety of power generation products based on a unique tubular solid oxide fuel cell technology which operates on conventional natural gas and propane at high efficiency. No hydrogen is required. The Atrex Energy systems provide clients with money-saving, smart and reliable solutions for power needs. The Company expects to double its workforce in the coming years as sales grow. Atrex Energy is located at 19 Walpole Park South in Walpole, MA 02081. More information can be found at http://www.atrexenergy.com.
Atrex Energy
Venture Round in 2008
Atrex Energy provides a variety of power generation products based on a unique tubular solid oxide fuel cell technology which operates on conventional natural gas and propane at high efficiency. No hydrogen is required. The Atrex Energy systems provide clients with money-saving, smart and reliable solutions for power needs. The Company expects to double its workforce in the coming years as sales grow. Atrex Energy is located at 19 Walpole Park South in Walpole, MA 02081. More information can be found at http://www.atrexenergy.com.
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