Last deal

$100M

Amount

Private Equity

Stage

09.08.2022

Date

1

all rounds

$100M

Total amount

General

About Company
NovaSource Power provides operations and maintenance services for renewable energy assets.

Industry

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Also Known As

NovaSource Power Services

founded date

01.01.2020

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

The company, founded in 2020, manages over 3.5 GW of commercial, industrial, and utility-scale renewable energy projects and specializes in innovative technology applications such as aerial imaging, robotic module cleaning, electroluminescence testing, real-time video engineering, and GPS-enabling maintenance tracking. NovaSource offers predictive and corrective maintenance services including alarm validation, work order prioritization, emergency response, and on-site diagnostics, with a focus on reducing maintenance costs and improving efficiency. As a portfolio company of Clairvest Group Inc., NovaSource strives to maintain a world-class culture of safety and integrity while developing lasting partnerships with customers and team members. As an independent, O&M-focused company, NovaSource is well-positioned to offer exceptional value in the design, maintenance, and management of renewable energy projects.
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