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OPALCO breadcrumbs-arrow OPALCO Financial Insights

How Much Did OPALCO Raise?
Funding & Key Investors

OPALCO, a member-owned non-profit cooperative electrical utility, has secured $1M in total capital, with a recent strategic investment of $1M on April 13, 2020. This significant financing underscores the company's established presence and ongoing strategic initiatives within the energy sector.

What is OPALCO?

OPALCO
Energy, Utilities & WasteElectricity, Oil & Gas

Founded in 1937 and headquartered in Eastsound, Washington, OPALCO operates as a cooperative electrical utility. Its member-owned structure suggests a focus on community service and reliable energy provision for its stakeholders. The company's long history indicates a stable operational framework and deep integration within its service area.

How much funding has OPALCO raised?

OPALCO has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in OPALCO

PPP

Public-Private Partnership

What's next for OPALCO?

The recent major strategic investment signals OPALCO's commitment to future growth and operational enhancements. This capital infusion is likely to support infrastructure upgrades, technological advancements, or expansion of services, reinforcing its role as a key energy provider. The enterprise-level nature of the funding suggests a focus on long-term sustainability and strategic development within the utility landscape.

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Frequently Asked Questions Regarding OPALCO Financial Insights

What are the most recent funding rounds that OPALCO has completed, and what were the funding rounds?
OPALCO has recently completed 1 funding rounds: Debt on Apr 13, 2020. What is the total amount of funding OPALCO has raised to date?
OPALCO has raised a total of $1M in funding to date. How many funding rounds has OPALCO completed?
OPALCO has completed 1 funding rounds. How much funding did OPALCO raise in its most recent funding round?
OPALCO raised $1M in its most recent funding round. Who are the lead investors in OPALCO's latest funding round?
The lead investor in OPALCO'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 OPALCO's history?
The largest funding round in OPALCO's history was $1M.
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