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LP First Launches Power Utility Services Platform

  • LP First Capital has acquired REI Utility Services, a provider of joint-use management services to electric distribution co-operatives.
  • REI's services include joint-use management, pre-attachment contract management, field analysis, permitting, make-ready engineering, post-attachment pole audits, inspections, and ongoing regulatory support.
  • REI serves electric co-operatives in multiple states and aims to become a leading power utility services provider.
  • LP First Capital, a private equity firm, partnered with REI to build a power utility services platform, focusing on culture-first founders and management teams.

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