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For the general public, substations don’t usually come up in conversation. But for One Energy engineers, substations and their design have been the talk of the town.
Our team realized someone needed to completely rethink how substations are designed to improve things like – security, monitoring, and resilience. So, we did just that!
Recently, One Energy announced the energization and commercial operation of the first fully digital, plug-and-play, transmission-voltage substation in the United States at its headquarters in Findlay, OH.
Read the full press release for a more detailed look at One Energy’s digital substations.
Members from our Project Planning & Technology and Analytics teams are spending this week expanding their knowledge about clean energy at the RE+ Conference in Las Vegas! This conference hosts seminars and exhibits as well as provides our team with an opportunity to network with other attendees in the continuously growing and developing industry.
The rest of the One Energy team is excited to hear about the information they absorbed while at the RE+ conference!
One Energy Enterprises Inc. (the “Company”) today announces that the Company has successfully closed on an aggregate total of $18.0 million in investments for its Series A Convertible Preferred Equity program. The Series A Preferred Investments are intended to help the Company ramp up its operations and accelerate growth in anticipation of the Company merging with Tortoise Ecofin Acquisition Corp. III (“TRTL”).
These preferred investments have mandatory conversion provisions that, upon certain events, which may or may not occur, convert into common shares upon the completion of the proposed business combination with TRTL.
The $18.0 million investment round is led by seasoned institutional investors, including the Ecofin Sustainable and Social Impact Term Fund, funds managed by Sandia Investment Management LP, and others. The Series A raise will not increase the premerger valuation of the Company already set in the Business Combination Agreement entered into by the Company and TRTL on August 15th, 2023.
The Company may accept additional investments in the Series A Convertible Preferred Equity raise open for a limited time. All proceeds from this offering will support the growth of One Energy Enterprises Inc.
Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, acted as the exclusive placement agent in this transaction.
Please see relevant disclaimers at https://oneenergy.com/sec
Looking to get some on-site energy education? How about a tour of our on-site wind turbines?
Educating local communities on wind energy is something our team always looks forward to. See if you can answer these questions about some of the tours we host!
It’s that time of year again. The One Energy team is preparing to visit universities for their fall semester career fairs! A big thank you to the OE Associates for preparing and printing materials in-house for these upcoming events.
Be sure to keep an eye out for our booth when we’re on campus!
One Energy Enterprises Inc. today announced that its first Megawatt Hub, in Findlay, Ohio (“Findlay Megawatt Hub”), has begun commercial operations.
Read the full press release here.
One Energy Enterprises Inc. today announced that the first fully digital, plug-and-play, transmission-voltage substation in the United States at One Energy’s Findlay headquarters, has completed energization and testing and begun commercial operation.
Read the full press release here.
Welcome back to the latest installment of our Science Shorts and the last episode in the Simple Machine series.
In this episode, One Energy Intern Kyle explains the different types of screws, when to use them, and how they work. So, before you start your next DIY project make sure you have the right tools to complete the job!
Subscribe to our YouTube channel, and don’t miss any future Science Shorts!
For this week’s Wind View, we’re highlighting One Energy’s construction team as they build a crane mat!
A crane mat is made of large timber, and its purpose is to support the load between the crane tracks and the ground during lifting activities. Crane mats create a greater footprint below the crane, which helps spread the crane’s weight across more area, ultimately providing a larger bearing surface. Cranes can perform most of their standard movements on the mat, like tracking forward and backward, swinging, and booming.