What is Utility Electric?
Utility Electric, LLC, established by Rick Brooks and David Prince, leverages over 50 years of combined experience in the electrical field. Under the new leadership of President Mary H. Brooks, who is also the majority owner, the company specializes in Water/Wastewater projects, including pump stations and large treatment plants. Their expertise extends to assisting with design and complex installation challenges, ensuring knowledge, experience, and service for project success.
How much funding has Utility Electric raised?
Utility Electric has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Utility Electric?
The substantial late-stage funding and strategic investment indicate Utility Electric's strong market position and growth potential within the essential Water/Wastewater sector. This capital infusion is expected to fuel further development, operational scaling, and potentially the expansion of their service offerings. The company's focus on critical infrastructure projects suggests a resilient business model poised for sustained development and market leadership.
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