Close

Add to pipeline

Save Close
You are viewing a limited version of this profile. To access i3's full capabilities.
Principle Power
Save
Company logo (jpg or png)
Parent company
Edit alternate names

Short description

Developer of offshore wind project foundations

Founded in 2007
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector wind

TRL Range 7-8
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

Ticker

Headquarters Emeryville, CA Emeryville, United States
Address
City
State
Zip
Country

Parent Companies

Website

Updated by Joao Metelo at Principle Power on 05/21/2015

Traction
  • 1 M&A items
tags
Similar companies
Customers
Save
Add Customer
Date Company
01/01/2015

Pilot Offshore Renewables Pilot Offshore Renewables

Pilot Offshore Renewables is currently developing the Kincardine Offshore Windfarm which will aim to deploy 6-8 floating offshore wind turbines using the WindFloat technology.

Confirmed by Pilot Offshore Renewables
Delete
Partnerships
Save
Add Partnership
Date Partner Type
05/01/2014
Deepwater Wind Deepwater Wind
Principle Power and Deepwater Wind announced an agreement to complete the development of the WindFloat Pacific project. Deepwater Wind is America’s leading offshore wind developer, whose Block Island Wind Farm – located off the coast of Rhode Island – is on target to be the nation’s first offshore wind farm.
View source    
Confirmed by Deepwater Wind
Project Development
Delete
Investment Rounds
Save

IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

Source URL

Source

Description

Cancel Save
Add Investment
Date Investors Type Amount
05/27/2020 Tokyo Gas Tokyo Gas (1)
Post-money valuation of
Funding will be used for company’s worldwide growth strategy and the continued commercialization of its floating wind technology.
Growth Equity $22,000,000
Delete
Click to add IPO information
Products
Save
Add Product
Product image Name Product status Revenue model Cost metrics

WindFloat

A depth-independant floating support structure for commercial offshore wind turbines. http://www.principlepowerinc.com/products/windfloat.html

 Pilot/Early Revenue Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
Delete
You are viewing a limited version of this profile. To access i3's full capabilities.
Back to top

Preload svg text font