Nicor Gas
Overview
Nicor Gas is the largest natural gas distribution company in Illinois, serving over 2.3 million customers across the northern part of the state. While its primary business is operating as a utility, it also functions as a community investor through extensive charitable giving programs and its foundation, Nicor Illinois Community Investment (NICI). These initiatives provide grants and support for economic development, workforce training, environmental stewardship, and basic human needs. The company's investment activities are philanthropic and community-focused, such as the annual Multicultural Innovator Award, which provides grants to minority-led startups in the clean energy sector.
Portfolio Companies
3
Website
nicorgas.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Aeternal Upcycling | Sep 2023 | Grant | Co-investor |
| Blip Energy | Dec 2022 | Accelerator | Co-investor |
| Kazadi Enterprises | Aug 2022 | Grant | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Nicor Gas based?
Nicor Gas is headquartered in Naperville, Illinois, United States.
When was Nicor Gas founded?
Founding year information for Nicor Gas is not publicly available.
How many portfolio companies does Nicor Gas have?
Nicor Gas has 3 portfolio companies in Caplight's dataset.
What are some companies in Nicor Gas's portfolio?
Portfolio companies visible on Caplight include Aeternal Upcycling, Blip Energy, Kazadi Enterprises.
What was Nicor Gas's most recent investment shown here?
Nicor Gas's most recent investment in this portfolio sample was in Aeternal Upcycling in 2023.
What sectors does Nicor Gas focus on?
Nicor Gas focuses on Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech, Consumer & Commerce.
What company stages does Nicor Gas focus on?
Stage focus information for Nicor Gas is not publicly available.