Details

Last Funding Type

Post-IPO Equity

Last Funding Money Raised

$239.80M

Industries

Energy,Oil and Gas,Rental,Water

Founded date

Jan 1, 2002

Number Of Employee

501 - 1000

Operating Status

Active

EnerCare Inc. (EnerCare) is a strong Company with a compelling business model. The January 2011 conversion to a dividend-paying corporation allows the Company to access larger pools of capital and attract new investors.
The Company is engaged in the water heater rental and sub-metering businesses with over 1.1 million water heaters and other assets, rented primarily to residential customers in Ontario. EnerCare also owns Stratacon Inc. and EnerCare Connections Inc., leading sub-metering companies, with metering contracts for condominium and apartment suites in Ontario, Alberta and elsewhere in Canada.