Empire Diversified Energy
The company has acquired the exclusive North American rights to a proprietary, renewable hybrid energy pellet technology aimed at replacing several types of solid fuels currently being used in the industrial power generation industry. The Company’s immediate plan has identified and is in negotiations to acquire renewable and green energy companies that can and will expand and enhance their effort to create a new proprietary clean fuel for today's power generation industry. EDE is currently in extensive negotiations and testing with major power plants throughout the southeastern United States and it is Management’s belief that the Company will enter into a long-term contract to provide pellets to a major public utility in early 2016. EDE is also currently negotiating with several potential logistics partners to transport the pellets from Appalachia to their southern storage location for immediate distribution to their customers. The Company has also identified several ports on the southeastern seaboard and is in negotiations to consummate joint venture relationships for distribution and exportation.
The company has acquired the exclusive North American rights to a proprietary, renewable hybrid energy pellet technology aimed at replacing several types of solid fuels currently being used in the industrial power generation industry. The Company’s immediate plan has identified and is in negotiations to acquire renewable and green energy companies that can and will expand and enhance their effort to create a new proprietary clean fuel for today's power generation industry. EDE is currently in extensive negotiations and testing with major power plants throughout the southeastern United States and it is Management’s belief that the Company will enter into a long-term contract to provide pellets to a major public utility in early 2016. EDE is also currently negotiating with several potential logistics partners to transport the pellets from Appalachia to their southern storage location for immediate distribution to their customers. The Company has also identified several ports on the southeastern seaboard and is in negotiations to consummate joint venture relationships for distribution and exportation.
Empire Diversified Energy has raised $55.0M across 2 rounds. Its most recent round was a Series Unknown of $40.0M in Jun 2023. Full funding history, investors, and team are detailed below.
Funding history
2 rounds on record — latest round shown, the rest unlock with a paid plan.
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