Tech Company Financing Transactions
Conduit Power Funding Round
Conduit Power, based in Houston, received $200 million from Eldridge Capital.
Transaction Overview
Company Name
Announced On
4/7/2026
Transaction Type
Debt
Amount
$200,000,000
Round
Undisclosed
Investors
Eldridge Capital (Kyle Parks)
Proceeds Purpose
The facility will support the buildout of Conduit's recently announced 200MW distributed generation portfolio in ERCOT.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
820 Gessner Rd 895
Houston, TX 77024
USA
Houston, TX 77024
USA
Phone
Undisclosed
Website
Email Address
Overview
Conduit Power is an Independent Power Producer (IPP) and services platform dedicated to delivering total power solutions for commercial and industrial customers. We specialize in designing, building, owning, and operating natural gas and battery storage power generation assets. Our mission is to help customers accelerate in-service dates, reduce energy costs, enhance operational performance, lower carbon emissions, and unlock greater value from natural gas. By combining on-site generation with a robust services platform, Conduit Power enables businesses to take control of their energy future with reliable, scalable, and cost-effective solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matt Herpich
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