Fundz

 Priority Power Announces Investment By Oaktree Capital

PRIVATESep 01, 2021

Round Type

Venture

The WoodlandsEnergyOil And GasRenewable EnergyEnergy ManagementEnergy Efficiency

Description

Priority Power Management, LLC (“Priority Power”), an independent energy services provider offering smart energy solutions and streamlined transitions to carbon neutrality, announced today a $250 million investment from funds managed by Oaktree Capital Management, L.P. (“Oaktree”) and other select institutional investors. Ara Partners, a Houston-based private equity firm specializing in industrial decarbonization investments that acquired Priority Power in 2019, will continue to hold an ownership stake.

Quick answer

Priority Power raised an undisclosed amount in a funding round, dated September 1, 2021. Priority Power is based in The Woodlands, Texas, United States.

How much did Priority Power raise?
Priority Power raised an undisclosed amount in a funding round on September 1, 2021.
What does Priority Power do?
Priority Power, backed by Oaktree Capital Management and Ara Partners, serves over 7,000 clients, totaling $2.7 billion in energy spend, across nearly every industry and vertical, and has well over $230 million of..
Where is Priority Power based and how big is it?
Priority Power is based in The Woodlands, Texas, United States.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Priority Power that raised within 45 days of this round, from Fundz verified event records.

  • Energy Vault raised $100M (Series C) on August 25, 2021.
  • Guess? raised an undisclosed amount on October 13, 2021.
  • Aceleron Energy Ltd raised $3.3M (Seed) on October 15, 2021.
  • Tynt Technologies raised $8.5M (Seed) on October 13, 2021.
  • Li Cycle raised $100M on September 29, 2021.
  • Instream Energy Systems Corp. raised $600K (Seed) on September 29, 2021.

Who to call at Priority Power, and when

A new round usually means Priority Power is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Priority Power raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Priority Power, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Priority Power. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Priority Power

Location

The Woodlands, Texas, United States

About

Priority Power, backed by Oaktree Capital Management and Ara Partners, serves over 7,000 clients, totaling $2.7 billion in energy spend, across nearly every industry and vertical, and has well over $230 million of energy infrastructure projects completed, and over $1 billion in energy. Priority Power is leading the Energy Transition with proven integrity, trust and transparency. Priority Power combines energy optimization and infrastructure expertise, with our proprietary technology, PriorityView, to help large scale commercial/industrial businesses achieve decarbonization and sustainability goals while also maximizing savings and efficiency. For more information on Priority Power, please visit www.prioritypower.com and linkedin.com/company/priority-power-inc.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Priority Power raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Priority Power's next move

See what Strategic adds

Priority Power raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.