The startup operates an independent power services platform that constructs and manages long-term contracted electrical infrastructure in the Southern and Southeastern United States. This approach enhances energy reliability, lowers power costs, and decreases carbon emissions for clients reliant on stable electricity supply.
Funding
$100M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many commercial and industrial customers face challenges with power reliability, volatile pricing, and limited access to utility power, impacting operational efficiency and profitability. Additionally, companies with stranded natural gas assets seek ways to monetize these resources while reducing carbon emissions.
Solution
Conduit Power provides a comprehensive electricity procurement and management system, offering a total power solution that lowers costs, improves power availability, and manages emissions for commercial and industrial clients. The company designs, builds, and operates distributed power generation facilities, enabling customers to co-locate power generation near their core business and sell power back to utilities. Conduit Power offers two primary solutions: Conduit CORE, which provides baseload on-site power generation for enhanced reliability and cost control, and Conduit EDGE, which leverages market-leading power dispatch analytics and QSE services to maximize the value of natural gas through opportunistic power sales. Conduit Power acts as an integrated EPC + O&M + Financing partner, tailoring solutions to meet specific operational and financial needs.
Target Audience
Conduit Power serves commercial and industrial customers concerned about power reliability, pricing, and access, as well as companies with stranded natural gas assets seeking monetization opportunities.
Features
- Turnkey design, procurement, and construction of electrical infrastructure
- Ongoing operations and maintenance of equipment
- Power procurement and brokerage services
- Asset financing options
- Conduit CORE: Baseload on-site power generation for power reliability, pricing, and access
- Conduit EDGE: Dispatchable power generation with power dispatch analytics and QSE services for natural gas monetization
- Expertise in distributed power development
- Transparent, adaptable, and efficient project execution