Start-up Texas Retail Electric Provider Receives $5 Million In Seed Funding
February 1, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
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Lacuna Sustainable Investments, which Mothership described as a, "thesis-driven team of entrepreneurs, investors and operators that seeks to partner with early-stage, innovative renewables infrastructure companies," has committed $5 million of seed funding to Mothership’s operations.
Mothership, an Option 1 REP, said that it will provide white-label retail electric services to mid-size and large industrial customers looking for wholesale retail supply access, and cleantech consumer or electric vehicle brands seeking to monetize their distributed energy resource (DER) assets for grid services and lower their customer acquisition costs.