Companies · Electric Utilities

Northeast Utilities

SPRINGFIELD · Electric Utilities

Diligence memoA one-page analyst read on Northeast Utilities — recommendation, valuation, rhythm, risks.
$1.8B
Total raised · real
2
Rounds
1.5×
Latest step-up
Top 2%
Sector rank · raised
Growth/Late
Latest stage · inferred · Wed Jul 25 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Northeast Utilities has raised $1.8B over 2 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the utilities sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 13.9 yr ago; this sector typically re-raises about every 10 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Electric Utilities

Northeast Utilities is one of 133 Electric Utilities companies tracked from SPRINGFIELD. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0B$10.0B$15.0B$20.0BGrowth/Late · 2012-07-25 Raised $740M (real) Modeled valuation $7.3B (est)$740M$7.3BGrowth/Late2012Growth/Late · 2012-07-25 Raised $1.1B (real) Modeled valuation $10.7B (est)$1.1B$10.7BGrowth/Late2012+$1.1BCumulative $1.8B

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Growth/Late$740.0M · 2012
Growth/Late extension$1.1B · 2012

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 14%.

Modeled valuation trajectory
$10.7B
Base estimate est.
$8.9B
Conservative case
$18.6B
Upside case
$10.8B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the utilities sector profile. Directional, not a quoted figure.

Growth/Late · modeled $7.3B · 2012-07-252012Growth/Late · modeled $10.7B · 2012-07-252012
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
95%
Survival probability
82% low · 98% high
1.01×/yr
Annual markup
1.10×/yr upside case
6.0 yr
Elapsed time used
13.9 yr actual, capped for stale marks
utilities
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
13.9 yr
On record since
2012
First round
2
Rounds on file
How it compares to the market

Benchmarked against 133 companies in Electric Utilities. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 227× above median
This company$1.8B
Sector median$8.0M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 2.4× above median
This company$1.1B
Sector median$458.5M
Modeled value — vs sector median (estimate, all stages) 273× above median
This company$10.7B
Sector median$39.4M

Raised more than 99% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Northeast Utilities this companyGrowth/Late$1.8B$10.7B1.93×
Hawaiian Electric Co IncGrowth/Late$457.0M$396.5M0.07×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Growth/Late$740.0M2012-07-25$7.4B$7.3B90%
Growth/Late$1.1B2012-07-25$10.8B$10.7B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Growth/Late$740.0M2012-07-25
    • First recorded raise — entered as Growth/Late.
  2. Growth/Late$1.1B2012-07-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× larger than the prior — scaling up.
Intelligence
Modeled next raise
$1.6B
Modeled next size est.range $1.1B$2.5B
1.5×
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
THOMAS J. MAY2 other2012-07
DAVID R. McHALE1 other2012-07
JOHN S. CLARKESON1 other2012-07
CHARLES K. GIFFORD2012-07
CHARLES W. SHIVERY2012-07
CHRISTINE M. CARMODY2012-07
COTTON M. CLEVELAND2012-07
DENNIS R. WRAASE2012-07
FRANCIS A. DOYLE2012-07
FREDERICA M. WILLIAMS2012-07
GREGORY B. BUTLER2012-07
JAMES J. JUDGE2012-07
JAMES S. DiSTASIO2012-07
JAY S. BUTH2012-07
JOSEPH R. NOLAN, JR.2012-07
KENNETH R. LEIBLER2012-07
LEON J. OLIVIER2012-07
PAUL A. La CAMERA2012-07
RICHARD H. BOOTH2012-07
SANFORD M. CLOUD, JR2012-07
WILLIAM C. VAN FAASEN2012-07
Registry & provenance

Northeast Utilities is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
72741
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Base Electric & Water Corp.Electric UtilitiesGrowth/Late$1.1B$9.6Bsame sector · same stage
Gridiron Energy Feeder I, L.P.Electric UtilitiesGrowth/Late$900.0M$8.9Bsame sector · same stage
Gridiron Energy, LLCElectric UtilitiesGrowth/Late$900.0M$8.9Bsame sector · same stage
Entegra TC LLCElectric UtilitiesGrowth/Late$521.1M$4.9Bsame sector · same stage
Firstenergy CorpElectric UtilitiesGrowth/Late$500.0M$5.0Bsame sector · same stage
Infinity Green Inc.Electric UtilitiesGrowth/Late$6.7B$29.8Bsame sector · same stage
Hawaiian Electric Co IncElectric UtilitiesGrowth/Late$457.0M$396.5Msame sector · same stage
OHm Geothermal LLCElectric UtilitiesGrowth/Late$430.0M$4.1Bsame sector · same stage
Frequently asked
How much funding has Northeast Utilities raised?
Northeast Utilities has raised approximately $1.8B in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Northeast Utilities's estimated valuation?
Provath's modeled valuation for Northeast Utilities is approximately $10.7B (modeled range $8.9B–$18.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Northeast Utilities at?
Northeast Utilities's latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Wed Jul 25.
What does Northeast Utilities do and where is it based?
Northeast Utilities operates in the Electric Utilities sector, based in SPRINGFIELD.
Explore related

See where Northeast Utilities sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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