Prometheus Energy
Date | Investors | Amount | Round |
---|---|---|---|
$20.0m | Late VC | ||
N/A | Acquisition | ||
Total Funding | CAD27.3m |
Recent News about Prometheus Energy
EditPrometheus Energy specializes in providing liquefied natural gas (LNG) solutions for remote power generation and various industrial applications. Operating primarily in North America, the company serves clients in sectors such as mining, transportation, and other industries requiring reliable and economic fuel sources. Prometheus Energy's business model revolves around supplying LNG to off-grid and off-pipeline locations, offering both mobile and stationary fueling options. The company generates revenue by selling LNG and providing customized fueling solutions tailored to meet the specific needs of its clients. By leveraging strong relationships with engine manufacturers, Prometheus Energy can quickly identify and convert suitable equipment to run on LNG, thereby reducing dependence on imported crude oil and enhancing fuel budget predictability. The company prides itself on its ability to meet high and fluctuating demand, ensuring a safe and consistent fuel supply without seasonal price or availability fluctuations.
Keywords: LNG solutions, remote power generation, industrial applications, economic fuel supply, North America, mining, transportation, mobile fueling, stationary fueling, engine conversion.