What is Total Electric?
P&E Constructors, the entity behind Total Electric, is a long-standing provider of heavy-industry solutions, specializing in project execution for capital projects and comprehensive facilities maintenance. Established in 1946 and headquartered in Wichita, Kansas, the company has built a reputation for delivering client-focused solutions with an unwavering commitment to safety. Their expertise spans critical sectors including power plants, refineries, food and beverage, pharmaceuticals, and public works. P&E Constructors is distinguished by its consistent record of zero safety incidents and its ability to complete projects on time and within budget, positioning it as a reliable partner in complex industrial undertakings.
How much funding has Total Electric raised?
Total Electric has raised a total of $378K across 2 funding rounds:
Debt
$150K
Debt
$228K
Debt (2020): $150K with participation from PPP
Debt (2021): $228K led by PPP
Key Investors in Total Electric
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Total Electric?
The substantial late-stage funding indicates Total Electric is poised for significant expansion or strategic initiatives. This capital injection is likely to fuel advancements in their service offerings, potentially enabling the company to take on larger-scale projects, enhance operational efficiencies, or explore new market segments within the heavy-industry sector. The strategic nature of the recent investment suggests a focus on long-term value creation and market consolidation, leveraging their proven track record in project execution and safety.
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