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One Energy
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Short description

Developer of distributed commercial on-site wind power projects

Founded in 2009
Founded in

Company type Private Public (ONEP)
Company type

Industry Group energy & power

Sector wind

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Findlay, OH Findlay, United States
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Updated by Sunena Gupta at on 05/31/2024

Edited by Cleantech Group on 07/11/2024

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IPO INFORMATION

Date

08/15/2023

IPO status

Filed

IPO Type

SPAC

Amount

$300M

Initial shares

5500000

Ticker symbol

ONEP

Exchange listed

Prospectus URL

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Description

One Energy is set to go public through a merger with TortoiseEcofin Acquisition Corp. III (TRTL). One Energy's name will be changed to One Power and listed under ONEP on the NYSE.

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Date Investors Type Amount
05/28/2024 (0)
Post-money valuation of
Signed commitments to purchase additional shares of One Energy Series A convertible preferred stock which, together with prior purchases and sales of OE Series A Shares represent an aggregate total raise of over $35 million. Funds will be used to pursue the business plans and fund working capital needs prior to the anticipated closing of SPAC.
 Series A $27,000,000
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Wind Project

One Energy provides utility-scale wind turbine projects.

 Wide Commercial Availability Service - Per Unit
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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