What is Rig Power?
Rig Power is a dynamic 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. Leveraging a team of seasoned professionals and a strong reputation for exceptional service, Rig Power serves diverse project requirements across key operational areas including West Texas, North Texas, Southeast New Mexico, Pennsylvania, and Ohio. Their dedication to client satisfaction ensures robust capabilities for both short-term and long-term project demands.
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 recent major strategic investment signals a pivotal phase for Rig Power, likely enabling expansion of its rental fleet, enhancement of service offerings, and potentially geographic market penetration. This infusion of capital is expected to fuel further growth and solidify its competitive edge in the energy and infrastructure support services industry. The company's focus on reliability and customer relationships positions it for sustained success as it navigates future opportunities and capitalizes on its established market presence.
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