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Breakthrough Energy Ventures, National Grid Partners And A Subsidiary Of Nextera Energy Invest In Ts Conductor To Meet The Growing Demand For Greener Electricity Grids

Nov 16, 2021•over 3 years ago
San Clemente

Description

TS Conductor Corp., a pioneer in high-efficiency conductors for electricity grids, today announced that Breakthrough Energy Ventures, National Grid Partners and a subsidiary of NextEra Energy have joined Talkot and Hervé Touati in its oversubscribed Series A financing, for a total $25 million in funding. The new capital will be used to build the company’s first state of the art manufacturing plant in the United States.

Company Information

Company

Ts Conductor

Location

San Clemente, California, United States

About

TS Conductor products allow transmission & distribution grid operators to be active participants to the energy transition – by reducing line losses and accelerating the integration of wind, solar and battery storage - while leveraging existing infrastructure assets. Our products can be used to substitute ACSR conductors using the same tools and installation procedures. TS Conductor is a Minority Business Enterprise (MBE), and a public benefit company focused on sustainable development and GHG reduction. For more information visit www.tsconductor.com.