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Tenaska

Venture Capital

Thirty years ago, a fledgling company set out to build a single power plant.

Founded 1987 United States Omaha, United States 730 employees Energy

4

Total Investments

4

Portfolio Companies

-

Exits

1

Industries

General Information

Industries Energy

Company Overview

Founded 1987
Employees 730
Location United States Omaha, United States
Website tenaska.com

Investment Criteria

Investment Thesis

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About Tenaska

In 1987, a fledgling company set out to build a single power plant. Today, that company — Tenaska — is one of America’s largest private, independent energy companies. Amid an ever-changing energy industry, Tenaska succeeds by assessing market needs, identifying opportunities, evaluating risks and employing innovative solutions that optimize value for customers and partners. Our employees’ breadth of skills, experience and industry knowledge span the energy spectrum. This collective expertise yields success in not only the development, acquisition, financing, operation and management of power generating facilities but also energy marketing. Tenacity is reflected in our name, and it’s evident in our commitment to customers and partners, in our ability to adapt to diverse market conditions and in our relentless drive to be the industry standard for excellence. Headquartered in Omaha, Nebraska, Tenaska has regional offices in Dallas, Denver, Philadelphia, Houston, Boston and Calgary, Alberta, and Vancouver, British Columbia, Canada. Consistently ranked among Forbes List of America’s Largest Private Companies, Tenaska is a leading energy company with business operations across the energy value chain. Tenaska Marketing Ventures (TMV) and Tenaska Power Services Co. (TPS) are among the largest natural gas and electric power marketing companies in North America. The Company has an operating fleet of 7,500 megawatts (MW) of natural gas and renewable generating facilities and throughout its history has developed, managed and/or operated approximately 22,000 MW of natural gas-fueled and renewables generation. Tenaska’s development services portfolio includes more than 23,000 MW of solar, wind, energy storage and 10 carbon sequestration projects, capable of storing 50 million tons of CO2 per year. For more information, visit www.tenaska.com.

Recent Investments (4)

View All
Company Stage Amount Date
Series D •••••• Sep 2023
Series B •••••• Jun 2022
Series A •••••• Jan 2022
Series D •••••• Sep 2018

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