Mothership is an ERCOT Option 1 Retail Electricity Provider based in Houston that delivers white-label retail electric services and wholesale retail supply access. Its core offering covers all aspects of owning and running an Option 1 or 2 REP, including licensing, collateralization, commodity supply, back-office support, compliance risk management, and startup costs. The company targets mid-size and large commercial and industrial customers, cleantech consumer and electric vehicle brands seeking to monetize distributed energy resources (DERs), and other high-demand loads such as bitcoin miners. The team is led by Maura Yates and supported by commodity market and renewable industry veterans. Mothership has partnered with Energywell to provide technology solutions and back-office operations, including DER integration into real-time markets. The company announced Lacuna Sustainable Investments has committed $5 million of seed funding to support Mothership’s operations and growth, and it plans to launch its first white-label rooftop solar and battery storage brand in Spring 2022.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2022