Utility Company Seeking Growth Capital with $10M EBITDA

This listing represents an investment opportunity in a utility company that also incorporates a digital service component. The core business is a long-standing utility provider delivering power, boasting an EBITDA of $10 million and a post-debt service cash flow of $4.5 million in 2019. The company is seeking $35 million in growth capital, allocated as $24 million for debt retirement and $11 million for working capital. Complementing the utility operations is a digital company with 25,000 subscribers who pay $10 per month for the ability to purchase power at a discount from the grid. This dual-faceted business model presents significant potential for growth and expansion in both traditional utility services and innovative digital energy solutions.