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Tenaska develops, owns, and operates a diverse portfolio of power generating facilities and provides extensive energy marketing services. The company specializes in integrated solutions across the natural gas and electricity value chains, encompassing everything from project development and asset management to fuel supply and power sales.
Established in 1987 by co-founders Howard L. Hawks, Tom Hendricks, Max Williams, and Gary Hoover, Tenaska emerged from an insight into the growing need for independent and agile energy solutions. Their vision was to build an employee-owned enterprise focused on navigating and serving the dynamic energy markets with strategic infrastructure and services.
Tenaska's offerings benefit a broad range of clients, including utilities, industrial consumers, and other energy stakeholders seeking reliable power and natural gas supply. The company's enduring mission is to sustainably expand its integrated energy capabilities and adapt to evolving market demands, ensuring long-term value creation in the energy sector.
Key people at Tenaska.
Tenaska was founded in 1987 by Howard L. Hawks (Co-founder and Chairman.) and Thomas E. Hendricks (Co-founder, Executive Vice President & Board of Stakeholders).
Tenaska was founded in 1987 by Howard L. Hawks (Co-founder and Chairman.) and Thomas E. Hendricks (Co-founder, Executive Vice President & Board of Stakeholders).
Key people at Tenaska.
Tenaska has 3 tracked investments across 3 companies. The latest tracked deal is $542.0M Other Equity / Series D in Ascend Elements in September 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 12, 2023 | Ascend Elements | $542.0M Other Equity / Series D | Meghan Sharp, Mohammed AL Sowaidi, Temasek | Agave Partners, Joseph W. Craft III, Alumni Ventures, AT ONE Ventures, BHP Ventures, Fifth Wall, Hitachi Ventures, Mirae Asset |
| Jun 29, 2022 | ClearTrace | $20.0M Other Equity | James Huff | Stephen Gallagher, CFA, EDF Energy North America, Exelon |
| Sep 1, 2018 | Autogrid | $32.0M Series D | Foundation Capital, ClearSky, Austin R. Bryan,, Energy Impact Partners, Envision Ventures, E.ON, Florian Andreas Kolb, National Grid Partners, Ørsted, Tenaska, Girish Nadkarni | Ribbit Capital |