Diligence memo · auto-generated · as of July 2, 2026
Modern Energy Group LLC
Modern Energy Group LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Modern Energy Group LLC operates in Other Energy, based in DURHAM.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Modern Energy Group LLC has raised $42M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $73M on 2018-12-27.
Most recent recorded round closed around 2018-12-27.
Valuation (modeled)modeled
Provath models Modern Energy Group LLC at approximately $507M (range $156M–$1.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.85× the median modeled value of Series C Other Energy companies in 2016–2018 (16 peers) — value vs value, same stage and era. Within the normal band (85% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 7.5 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 89% of Other Energy peers (2049 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: WRH Associates, LLC, Concessionaire CCNCM Transmission Line S.A.C., Clean Energy Fuels Corp., Stem, Inc., Mims Motors Corp.
Peoplefiled
2 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.