GridLiance a Blackstone Company Revenue and Competitors

Dallas, TX USA

Location

$80M

Total Funding

Utilities

Industry

Estimated Revenue & Valuation

  • GridLiance a Blackstone Company's estimated annual revenue is currently $7M per year.(i)
  • GridLiance a Blackstone Company's estimated revenue per employee is $167,200
  • GridLiance a Blackstone Company's total funding is $80M.

Employee Data

  • GridLiance a Blackstone Company has 42 Employees.(i)
  • GridLiance a Blackstone Company grew their employee count by 8% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$50.3M22325%N/AN/A
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Incorporated in 2014, GridLiance GP, LLC, which is backed by Blackstone Energy Partners, an affiliate of Blackstone (NYSE:BX), is the nation’s first competitive transmission company focused on collaborating with Public Power. Through its subsidiary transmission companies formed to operate in each RTO, GridLiance will jointly plan, develop, own and operate transmission assets with Public Power. GridLiance’s mission is to provide its Public Power partners with opportunities to invest in regulated transmission development projects, enabling the utilities to earn margins from regionally-funded projects to offset transmission rate increases, as well as receive other benefits, including lower energy costs and increased reliability for their customers, while providing greater access to renewable energy sources. GridLiance has offices in Kansas City, Missouri; Chicago, Illinois; Austin, Texas; and Washington D.C. GridLiance seeks to establish long-term agreements with all interested Public Power utilities. It currently has co-development agreements with the Missouri Joint Municipal Electric Utility Commission (MJMEUC), Tri-County Electric Cooperative (TCEC) and the Oklahoma Municipal Power Authority (OMPA), operating within MISO and SPP through its subsidiaries, South Central MCN, LLC and Midcontinent MCN, LLC, respectively.

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$80M

Total Funding

42

Number of Employees

$7M

Revenue (est)

8%

Employee Growth %

N/A

Valuation

N/A

Accelerator

GridLiance a Blackstone Company News

2020-10-14 - GridLiance's N. Beth Emery Honored with Silver Stevie® Lifetime Achievement Award for Women in Business

DALLAS, Oct. 14, 2020 /PRNewswire/ -- GridLiance Senior Vice President N. Beth Emery has been named a winner of a Silver Stevie® Award in the Lifetime Achievement – Business category in the 17th annual Stevie Awards® for Women in Business. A founding member of GridLiance, an independent electr ...

2020-09-03 - GridLiance Closes Transaction to Acquire Majority Stake in City of Winfield, Kansas Transmission Assets

DALLAS, Sept. 3, 2020 /PRNewswire/ -- GridLiance, an independent electric transmission utility holding company, announced today that it recently closed on the acquisition of a majority ownership interest on the previously-announced transaction to co-own the City of Winfield's transmission faci ...

2019-08-02 - GridLiance Closes $185M Debt Financing

GridLiance, a Dallas, TX-based independent electric transmission company, announced that its subsidiary, GridLiance Western Holdings, and transmission company, GridLiance West, closed on two new revolving credit facilities with commitments totaling $185m. The new five-year $80m revolving credit ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$8.2M420%N/A
#2
$3.4M42-36%N/A
#3
$4.9M42-44%N/A
#4
$7.2M438%N/A
#5
$10M4334%N/A