What is Priority Power?
Founded in 2001 in Midland, Texas, Priority Power has evolved from a regional energy management service provider into a comprehensive energy solutions enterprise. The company specializes in optimizing energy procurement, infrastructure development, and grid management for a diverse client base. Its current operational mandate is centered on accelerating the energy transition, providing the technical and strategic framework necessary for large-scale industrial and commercial entities to adopt cleaner energy alternatives. By integrating acquired businesses that align with its core values, Priority Power maintains a competitive edge in a rapidly changing regulatory and environmental climate.
How much funding has Priority Power raised?
Priority Power has raised a total of $250.3M across 2 funding rounds:
Debt
$350K
Debt
$250M
Debt (2020): $350K with participation from PPP
Debt (2022): $250M led by BMO Harris Bank
Key Investors in Priority Power
BMO Harris Bank
A major North American financial institution providing comprehensive banking and capital solutions to support large-scale corporate growth and infrastructure projects.
PPP
Public-Private Partnership
Undisclosed Investor
A strategic partner contributing to the recent funding round to facilitate the company's expansion into clean energy markets.
What's next for Priority Power?
Looking ahead, Priority Power is poised to leverage its recent capital influx to deepen its footprint in the clean energy sector. The strategic roadmap emphasizes the integration of new technologies and the expansion of its service portfolio to meet the rising demand for sustainable energy infrastructure. With a proven track record of successful acquisitions, the company is expected to continue its aggressive growth strategy, focusing on assets that provide immediate synergies and long-term value. As the political and market landscape continues to favor energy transition initiatives, Priority Power remains well-positioned to capitalize on the shift toward a more resilient and sustainable power grid.
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