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PowerSecure
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Short description

Developer of Energy and Smart Grid Solutions for electric utilities

Founded in 1991
Founded in

Company type Acquired Public (POWR)
Company type

Industry Group energy & power

Sector energy networks

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
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Headquarters Wake Forest, NC Wake Forest, United States
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Updated by Cleantech Group on 06/10/2021

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Date Partner Type
10/21/2021
Voltus Voltus
Microgrids and emerging markets partnership.
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Confirmed by Voltus
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IPO INFORMATION

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POWR

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Date Investors Type Amount
08/21/2013 (0)
Post-money valuation of
PowerSecure has announced the closing of its announced follow-on offering. The proceeds to the company were $34.4 million after deducting the underwriting discount and estimated expenses of the offering, before any exercise of the over-allotment option.
 Follow-on Public Offering $34,420,000
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