Nashville Electric Service

Nashville Electric Service (NES) is a prominent player in the energy industry, serving more than 430,000 customers across a vast 700 square mile expanse in Middle Tennessee. Established in 1939, NES stands as one of the leading public electric utilities nationwide. With a steadfast commitment to delivering safe, reliable, and cost-effective power, NES has carved out a reputation for itself in the sector. Notably, NES has steered clear of generating capacity and instead procures power from the Tennessee Valley Authority (TVA). NES operates under the oversight of a five-member board, each appointed by the mayor and affirmed by the Metro Council. Members of the Electric Power Board undertake five-year staggered terms without pay, emphasizing a strong dedication to public service. Positioned in the United States, NES is an intriguing prospect for potential investors seeking to tap into the energy industry. As of now, no recent investment information is available, but NES's established presence and solid infrastructure could present an exciting opportunity for venture capitalists to consider.