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El Dorado Investment Company operates as a corporate venture firm, strategically financing and developing enterprises focused on energy-related technologies and services. The firm targets opportunities within development and rapid expansion phases, integrating innovative solutions that enhance energy infrastructure and efficiency. Its approach centers on identifying and nurturing companies that can provide valuable advancements to the energy sector, supporting the evolution of power generation and distribution.
The company emerged as a corporate initiative, jointly owned with Arizona Public Service Company (APS) and other participants in the Palo Verde Nuclear Generating Station. This structure reflects an insight into the necessity of external innovation to complement and future-proof the core operations of a major utility. Its establishment underscores a commitment to fostering technological progress directly aligned with the evolving needs of the energy industry, rather than relying solely on internal R&D.
El Dorado Investment Company's portfolio comprises companies pioneering solutions for the energy market. Its vision is to foster innovation that directly benefits its parent, Arizona Public Service Company, by integrating advanced energy technologies into its operations. The firm aims to cultivate a sustainable ecosystem of energy innovation, ensuring a resilient and forward-looking energy landscape for its stakeholders and the broader community.
El Dorado Investment Company has 2 tracked investments across 1 company. The latest tracked deal is $3.5M Other Equity in EnergySavvy in August 2015.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 14, 2015 | EnergySavvy | $3.5M Other Equity | — | EnerTech Capital, Prelude Ventures |
| Jul 2, 2014 | EnergySavvy | $1.3M Other Equity | EL Dorado Investment Company, Dean Sciorillo | — |