Diligence memo · auto-generated · as of July 3, 2026
Great Lakes Power Ltd
Great Lakes Power Ltd has raised $114M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Great Lakes Power Ltd operates in Electric Utilities, based in GATINEAU.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Great Lakes Power Ltd has raised $114M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $64M on 2014-03-24.
Most recent recorded round closed around 2016-03-22.
Valuation (modeled)modeled
Provath models Great Lakes Power Ltd at approximately $478M (range $203M–$1.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 24 months.
Last raise 10.3 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 85% of Electric Utilities peers (133 compared).
Modeled value ranks above 82% of those peers.
Peoplefiled
19 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.