Net Power

NET Power produces power from natural gas at costs comparable to existing technologies. All CO2 is captured at no extra cost.

Business Model:

Revenue: $2.3M

Employees: 51-200

Detailed Net Power Information

Geographic Data

Net Power headquarters map

Address: 406 Blackwell Street

City: Durham

State: NC

Zip: 27701

Country: US

Financial Info

Stage:

undisclosed

Raised Last:

$0

Raised Total:

$150M

Metrics

3,511,970Website Global Rank

4,211Website Monthly Traffic

Twitter Followers

Description

NET Power: · Produces clean power from natural gas inherently capturing all emissions with superior economic advantage to any emitting and non-emitting source of power generation · Partners are 8 Rivers, Exelon, McDermott, and Occidental Petroleum · 50 MWth plant constructed in La Porte, TX is now under its operational testing phase with power being supplied to the ERCOT grid soon · Commercial unit will be 500MWth, and we are engaged with many customers globally for these units · Allows the world to meet all its climate targets at power prices the entire world can afford

Contact Phone:
+19196671800

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
6/2010 Seed Round $0 8 Rivers
8 Rivers
8 Rivers
8 Rivers
6/2012 Funding Round $0 Shaw Group
Shaw Group
Shaw Group
Shaw Group
10/2014 Funding Round 1 $89.6M Exelon Corporation
Exelon Corporation
Exelon Corporation
Exelon Corporation
11/2018 Funding Round 1 - Oxy Low Carbon Ventures
Oxy Low Carbon Ventures
11/2018 Funding Round 1 - Oxy Low Carbon Ventures
Oxy Low Carbon Ventures
6/2012 Funding Round 1 $50.4M Shaw Group
Shaw Group
Shaw Group
Shaw Group
6/2010 Seed Round 1 $10M 8 Rivers
8 Rivers
8 Rivers
8 Rivers
Announced Date Name Price

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