Abraxas Power Corp.

About Abraxas Power Corp.

Abraxas Power Corp. is a global energy transition developer focused on providing innovative decarbonization solutions for hard-to-abate sectors. The company leverages cross-functional expertise to offer customized strategies for energy efficiency, emission reduction, and sustainable resource use, aiming for long-term environmental and economic benefits for stakeholders. Their mission aligns with the United Nations Sustainable Goal 7 to ensure access to affordable, sustainable, and modern energy for all.

Products & Services

Megaprojects:Large-scale operations spanning multiple years with significant economic, social, and cultural impacts due to their size, scope, and investment requirements.

Power to the X (P2X):Converts renewable energy into various forms for storage or use in sectors like transport or chemicals, aiding decarbonization with outputs like ammonia, hydrogen, synthetic fuels, or heat.

Sun and Wind:Focuses on managing the intermittency of wind and solar energy resources to support the energy transition.

Floating Solar:Development of floating solar farms in areas where land is scarce.

Brownfield Asset Repositioning:Repurposing assets like underground mines for energy storage to support grid stability.

Grid Stability Solutions:Advanced technologies for utility-scale storage, grid stability, and security.

Project Solar City:A 100 MW floating solar and island reclamation project in the Maldives, replacing 33% of the capital city's power with green energy.

EVREC:A mega-scale P2X green ammonia project in Newfoundland, Canada, producing 160,000 tonnes of green hydrogen and 1 million tonnes of green-certified ammonia annually from wind and solar power.

Global Origination:Developing impactful energy transition projects across North America, Europe, and Southeast Asia through strategic partnerships.

Specialties

Decarbonization Solutions Energy Efficiency Renewable Energy Projects Power-to-X (P2X) Technologies Floating Solar Wind and Solar Energy Management Grid Stability Brownfield Asset Repositioning

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Loan and Royalty T: - FT: Loan and Royalty	A: 10000000 MR: - FA: up to $10 Million FAN: 10000000	D: 2024-11-21 FD: 2024-11-21	1 investors

Loan and Royalty Latest

2024-11-21

$10.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

R

Ravi Sood

Chairman

J

J. Colter Eadie

CEO

G

Guy Bentinck

CFO

D

Dean Comand

COO

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