Company profile: Triton Power
1.1 - Company Overview
Company description
- Provider of wholesale electricity and grid stability services via UK power stations, including Saltend (CCGT/CHP) supplying electricity and steam to the market and Saltend Chemicals Park; Indian Queens (OCGT) delivering peak-load power and synchronous compensation; and Deeside providing zero-emission inertia and reactive power. Advancing decarbonization through H2H to convert Saltend CHP to a hydrogen blend, supporting security of supply when renewables do not deliver.
Products and services
- Synchronous Compensation: Grid-scale services from Indian Queens and Deeside Power Stations that stabilize the UK electricity grid by delivering inertia and reactive power without fuel consumption
- Saltend Power Station: Industrial-grade CCGT and CHP plant that supplies electricity to the UK market and produces steam for Saltend Chemicals Park, enhancing reliability when renewable generation underdelivers
- Hydrogen to Humber (H2H) Project: Transition-ready decarbonization program architected to convert the Saltend CHP to operate on a hydrogen blend, supporting the regional Zero Carbon Humber initiative
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Triton Power
Simson-Maxwell
HQ: Canada
Website
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- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
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Enerphase
HQ: Canada
Website
- Description: Provider of power system reliability solutions, offering commissioning and power system engineering services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Midwest Electric & Generator
HQ: United States
Website
- Description: Provider of backup power generators for homes and businesses to help maintain daily productivity and comfort with a properly functioning unit.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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RWE
HQ: Germany
Website
- Description: Provider of renewable energy generation through onshore and offshore wind, solar farms and battery storage; hydrogen production, storage and distribution; energy trading of electricity, gas, commodities and CO2 emission allowances with supply solutions and risk management; gas, hydropower, biomass and lignite-based power generation; and a green ammonia import terminal converting to green hydrogen.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Energetics
HQ: United States
Website
- Description: Provider of metrology, infrastructure protection, security, manufacturing, environmental services, energy management, and technology, delivering full-service technology and management consulting for public- and private-sector clients and helping develop and manage research, development, and information programs in energy, manufacturing, and climate.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Triton Power
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Triton Power
2.2 - Growth funds investing in similar companies to Triton Power
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4 - Top valuation comps for Triton Power
4.2 - Public trading comparable groups for Triton Power
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