Today's Power, Inc. (TPI) is a subsidiary of Arkansas Electric Cooperatives Inc. (AECI), founded in 2014 to support the 17 electric cooperatives across Arkansas. It has since expanded its reach to multiple states, with over 71 solar sites to date. TPI's offerings have also diversified to include electric vehicle charging, battery energy storage systems, and operations & maintenance. The company has garnered attention from fellow cooperatives in neighboring states, positioning TPI as an esteemed business partner for renewable energy needs. At the end of September 2021, TPI secured a $23.36M investment through debt financing. Although the specific investors are undisclosed, this substantial funding reflects confidence in TPI's growth and potential impact. As the company continues to expand its footprint and service offerings, its longstanding commitment to cooperative ownership and community-focused initiatives distinguishes it in the energy and renewable energy sectors. TPI's evolution and ambitious vision make it an intriguing prospect for investors looking to support sustainable energy solutions.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $23.36M | - | 30 Sep 2021 | |
Debt Financing | $21.35M | - | 19 Mar 2020 |
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