How Much Did Eastern Propane & Oil Raise?
Funding & Key Investors

Eastern Propane & Oil, a cornerstone of the New Hampshire energy sector since 1932, has successfully secured a major strategic investment to bolster its operational infrastructure. This latest infusion of capital, totaling $5M, underscores the firm's enduring relevance in the regional utility market. With a cumulative financial backing of $5M, the company continues to demonstrate robust fiscal health and a commitment to maintaining its extensive service network across the Northeast.

What is Eastern Propane & Oil?

Eastern Propane & Oil
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Headquartered in Rochester, New Hampshire, Eastern Propane & Oil has evolved from a local provider into a comprehensive energy solutions firm. The company specializes in the distribution of propane for a diverse array of residential and commercial applications, including high-efficiency cooking appliances, patio heating systems, and specialized pool and spa climate control. By integrating propane-powered generators into its service portfolio, the organization has positioned itself as a critical provider of energy resilience for its customer base. Its market position is defined by nearly a century of operational continuity, allowing it to navigate the complexities of the energy sector with a focus on reliability and customer-centric service delivery.

How much funding has Eastern Propane & Oil raised?

Eastern Propane & Oil has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in Eastern Propane & Oil

PPP

Public-Private Partnership

What's next for Eastern Propane & Oil?

The recent strategic investment is expected to catalyze further modernization of the company's distribution logistics and service capabilities. As the energy landscape shifts toward more diversified and reliable supply chains, Eastern Propane & Oil is well-positioned to leverage this capital to enhance its infrastructure, potentially expanding its footprint in the residential generator market. By prioritizing long-term asset management and service excellence, the firm aims to solidify its competitive advantage, ensuring that it remains a preferred partner for homeowners and businesses seeking dependable energy solutions in an increasingly volatile market environment.

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Frequently Asked Questions Regarding Eastern Propane & Oil Financial Insights

What are the most recent funding rounds that Eastern Propane & Oil has completed, and what were the funding rounds?
Eastern Propane & Oil has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Eastern Propane & Oil has raised to date?
Eastern Propane & Oil has raised a total of $5M in funding to date.
How many funding rounds has Eastern Propane & Oil completed?
Eastern Propane & Oil has completed 1 funding rounds.
How much funding did Eastern Propane & Oil raise in its most recent funding round?
Eastern Propane & Oil raised $5M in its most recent funding round.
Who are the lead investors in Eastern Propane & Oil's latest funding round?
The lead investor in Eastern Propane & Oil's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Eastern Propane & Oil's history?
The largest funding round in Eastern Propane & Oil's history was $5M.
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