Powerspan

United States
Portland, Michigan, United States, 03801

Company profile

Powerspan company profile

Founded in 1994 as Zero Emissions Technology and later renamed Powerspan Corp, Powerspan initially provided technology to control particulate emissions from coal-fired, electric power plants. As compliance deadlines of the Clean Air Act Acid Rain Program approached, Powerspan recognized the growing importance of a multi-pollutant solution for controlling emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx) in addition to particulate emissions. Standard technology generally addresses each pollutant individually, necessitating the installation of separate, costly devices, requiring large spaces not always available on space-constrained sites that are typical of existing power plants. Powerspan sought to develop an integrated approach to achieve multi-pollutant reductions at a lower cost than commercially available systems, enabling power plant owners to meet existing and future environmental requirements in a cost-effective manner.

Business identity

Contact email
[email protected]
Phone number
603-570-3000
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$1M-$10M
Founded
1994-01-01, Year

Headquarters

Postal code
03801
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
7
Total equity funding
$106.3M
Last funding
Series D / $50M / 2008-06-20
Last equity funding
Series D / $50M
Investors
6
Founders
1
Articles
10

Founders and investors

Founders

Frank Alix

Investors

American Electric PowerCalvert Social Venture PartnersFirstEnergy Corp.NGEN PartnersZero Stage Capital