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Navajo Transitional Energy Company (NTEC) operates as a Navajo-owned energy company, serving as a prominent U.S. coal producer while strategically diversifying its portfolio. The company actively invests in mining, energy generation, and critical minerals, developing multi-generational clean energy solutions. NTEC emphasizes responsible mining, earning numerous national awards, and is engaged in initiatives such as residential solar installations.
NTEC was established by the Navajo Nation with the foundational insight of asserting economic sovereignty and fostering sustainable prosperity for its people. This strategic initiative aimed to harness and manage natural resources, building a robust and diversified energy portfolio. This approach secures the Nation’s long-term financial independence and contributes to its overall well-being.
The company's offerings primarily serve the broader energy market, with its operations directly benefiting the Navajo Nation and its members through economic contributions. NTEC's long-term vision focuses on ensuring the ongoing prosperity of the Navajo Nation by spearheading the development of innovative, multi-generational clean energy solutions and investments, thereby securing a resilient and sustainable energy future.
NTEC has 2 tracked investments across 1 company. The latest tracked deal is $28.0M Other Equity in Oxford Immunotec in June 2012.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 18, 2012 | Oxford Immunotec | $28.0M Other Equity | Susan Searle, Invesco Perpetual | Clarus, Draper Esprit, Kaiser Permanente Ventures, NEW Leaf Venture Partners, Spark Ventures, The DOW Chemical Company, University OF Oxford, Wellington Management |
| Apr 30, 2010 | Oxford Immunotec | $26.0M Series D | Vijay Lathi | Clarus Ventures, Draper Esprit, Kaiser Permanente Ventures, Oxford University, Jonathan GEE, The DOW Chemical Company, Wellington Partners |
