What is Utility Electric?
Utility Electric, LLC, founded by Rick Brooks and David Prince, leverages over 50 years of combined experience in the electrical field. Under the leadership of its new majority owner and President, Mary H. Brooks, the company specializes in Water/Wastewater projects, encompassing pump stations and large treatment plants. Their expertise extends to assisting with design and addressing challenging installation projects, positioning them as a knowledgeable and experienced service provider committed to delivering quality and economical project outcomes.
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 recent major strategic investment into Utility Electric signals a pivotal moment for the company. With a strong foundation in the Water/Wastewater sector and a clear focus on operational excellence, this capital infusion is expected to fuel further development and market penetration. The company is poised to enhance its capabilities, potentially expanding its service offerings or undertaking larger-scale projects, thereby solidifying its position as a key player in the utility infrastructure domain.
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