EnerCare, they believe that intelligent energy solutions can benefit everyone.
EnerCare Inc. (EnerCare) is a strong Company with a compelling business model. The January 2011 conversion to a dividend-paying corporation allows the Company to access larger pools of capital and attract new investors.The Company is engaged in the water heater rental and sub-metering businesses with over 1.1 million water heaters and other assets, rented primarily to residential customers in Ontario. EnerCare also owns Stratacon Inc. and EnerCare Connections Inc., leading sub-metering companies, with metering contracts for condominium and apartment suites in Ontario, Alberta and elsewhere in Canada.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Mar 30, 2016 | Post-IPO Equity | $239.80M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Desjardins Securities | — | Post-IPO Equity |