What is Rig Power?
Rig Power is a prominent provider of rental equipment, specializing in mobile power solutions, lighting, and quality living quarters, complemented by associated services. The company is committed to delivering safe, superior, and reliable equipment, cultivating enduring relationships with clients and communities. Operating across West Texas, North Texas, Southeast New Mexico, Pennsylvania, and Ohio, Rig Power leverages its team of seasoned professionals and a strong reputation for exceptional service to meet diverse project demands, whether short-term or long-term.
How much funding has Rig Power raised?
Rig Power has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$765K
Debt (2020): $350K with participation from PPP
Debt (2021): $765K led by PPP
Key Investors in Rig Power
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Rig Power?
The substantial enterprise-level funding indicates Rig Power is poised for significant expansion and operational enhancement. This strategic capital infusion is likely to fuel further market penetration, fleet augmentation, and potentially the development of new service offerings. The company's focus on reliability and client relationships, combined with this recent backing, positions it for continued leadership in the equipment rental industry, enabling it to capitalize on opportunities in key energy and infrastructure markets.
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