EthosEnergy
- Company typePrivate
- Founded2014
- HeadquartersHouston, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
EthosEnergy firmographics
Firmographics- Name
- EthosEnergy
- Legal name
- Ethos Energy Group Limited
- Website
- https://ethosenergy.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
EthosEnergy industry classification
Industry- Product category
- Industrial Turbine MRO Services
- NAICS
- Turbine and Turbine Generator Set Units Manufacturing (333611), Other Engine Equipment Manufacturing (333618)
- SIC
- Engines & Turbines (3510), General Industrial Machinery & Equipment (3560)
- akta.pro primary industry
- Specialty Power Systems MRO (Generators, Compressors, Pumps, Welders) (TLAKAHAJ)
Keywords
Where EthosEnergy is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices8 records
Markets served
EthosEnergy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- MRO Services - Heavy Duty Gas Turbines: Maintenance, repair, overhaul, and field services for heavy-duty gas turbines including GE frames (3, 5, 6B, 6FA, 7E/EA, 7FA, 9E, 9FA), Siemens Energy SGT600, and Fiat/Westinghouse turbines. Services include rotor life extension, parts repairs, outage services, and combustion optimization.
- MRO Services - Light Industrial Gas Turbines: Overhaul, repair, exchange, parts supply, engineering upgrades, controls support, and lifecycle extension for Siemens Energy sub-15MW and Solar light industrial gas turbines.
- Generator Services: Full-service generator maintenance including new generators and components (up to 600 MW), repairs and rewinds, upgrades and modernization, diagnostics, and field services.
- Transformer Services: Design, manufacturing, repair, and life extension for power transformers up to 525kV class and 500MVA capacity.
- Long-term Service Agreements (LTSA): Customized multi-year agreements covering major maintenance of critical rotating equipment. Claims 30% average savings versus OEM LTSA with 400+ units under management. Payment structures include per fired hour rates, fixed fees, or event-based charges.
- Parts and Equipment Sales: Sale of new, refurbished, and used serviceable parts for gas turbines, generators, and transformers. Includes hot gas path parts, combustion components, fuel nozzles, and compressor parts.
- Aerospace Components MRO: Repair of engine accessories and components for aeroderivative gas turbines, aerospace, and defense markets through FAA-approved facilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | LTSA - Custom multi-year service agreements |
| Subscription | Multi-year contract | ECare™ Standard - Fixed-rate lifecycle maintenance |
| Hybrid | Pay-as-you-go | ECare™ Flexi - Flexible ad hoc maintenance |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
EthosEnergy product offering
Product offeringCore offering
EthosEnergy is a global independent service provider (ISP) of maintenance, repair, and overhaul (MRO) services for critical rotating equipment including heavy-duty gas turbines, light industrial gas turbines, generators, and power transformers. The company serves power generation, oil & gas, and industrial customers with comprehensive offerings spanning component manufacturing, rotor life extension, parts supply, field services, combustion optimization platforms, and long-term service agreements. With over 65 years of OEM manufacturing heritage (including for Fiat and mature Westinghouse turbines), EthosEnergy combines OEM-equivalent quality with independent service provider flexibility.
Product overview
EthosEnergy is a global provider of critical rotating machinery services operating a multi-product portfolio organized around heavy-duty gas turbines, light industrial gas turbines, generators, transformers, and supporting services. The core offering centers on Heavy Duty and Light Industrial Gas Turbine maintenance, repair, and overhaul supported by specialized add-on modules including ECOMAX combustion optimization, iCON Controls turbine control systems, EcoView life cycle assessment, Phoenix Rotor products, ECare maintenance agreements, and LTSA contracts. The company also provides gas turbine parts through its Advanced Parts Manufacturing program, field services with global mobilization, and remote operations through its Performance Center. Recent strategic changes include acquisitions by One Equity Partners (January 2025) and subsequent divestitures of various business units including the Generator division, Aerospace & Defense business, iCON Controls, Accessories and Components, and steam turbine operations.
Differentiator
Problem solved
Functional benefit
Brands
- ECOMAX®: Intelligent combustion optimization platform providing fully customizable, automated tuning solution to unlock gas turbine performance and reliability
- APM® (Advanced Parts Manufacturing)
- Phoenix Rotor™
- EcoView™
- CPO™ (Certified Previously Operated)
- ECare™
- iCON™
- EcoValue™
Products and services
- Heavy Duty Gas Turbines MRO
Quantifiable outcome
- 30% average savings versus OEM Long Term Service Agreement
- +7 more outcomes
Companies that use EthosEnergy
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
EthosEnergy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability6 records
Feature8 records
EthosEnergy partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Allied Power GroupcoreAlantra acted as exclusive buy-side advisor to Allied Power Group on acquisition of EthosEnergy's Generator division assets in Farmington, New Mexico, providing high-speed balancing, field and stator rewinding, and field services.
- HEICO Corporation / Wencor GroupcoreHEICO Corporation through its Wencor Group subsidiary acquired EthosEnergy Accessories and Components, strengthening position in repairing engine parts for aviation and industrial uses, especially aeroderivative gas turbine sector.
- WoodwardcoreWoodward completed acquisition of EthosEnergy's iCON Controls business, bringing over two decades of gas turbine control development experience, more than 1,200 deployed control systems globally, and substantial intellectual property portfolio.
- Rotating Machinery Services (RMS)coreRMS acquired the steam turbine and compressor business from EthosEnergy, reviving the TurboCare brand and expanding global service footprint in North America and Europe with four specialized facilities and more than 160 employees.
- GTE (Gas Turbine Efficiency)minorGTE designs, manufactures and supplies proprietary cleantech energy saving and performance enhancing systems to power generation, oil & gas, and aviation industries.
- KTR (KazTurboRemont)minorKazakhstan-based company providing full range of services from design to commissioning for oil and gas, energy, chemical and mining industries.
- Shanahan EngineeringminorWorld-class Energy Services company with four decades of proven experience in Construction, Commissioning and Plant Operation on large scale projects worldwide.
- WGPW Industrial Turbine ServicesminorLeader in overhaul of GG4, FT4 gas generators, free turbines, and other aero-derivative turbines, in addition to providing FT4 spare parts and technical support.
Scale indicators10 records
Recent moves8 records
Expansion highlights5 records
EthosEnergy competitors and assessment
Company assessmentMarket position
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
EthosEnergy social profiles
Digital presenceEthosEnergy compliance and trust
Trust signalCompliance6 records
EthosEnergy financial estimates
Financial estimateRevenue estimate
Valuation estimate
EthosEnergy leadership team
Management profileNumber of profiles
Profiles2 records
EthosEnergy subsidiaries and ownership
Company hierarchySubsidiaries9 records
EthosEnergy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EthosEnergy M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EthosEnergy
What does EthosEnergy do?
EthosEnergy is a global independent service provider (ISP) of maintenance, repair, and overhaul (MRO) services for critical rotating equipment including heavy-duty gas turbines, light industrial gas turbines, generators, and power transformers. The company serves power generation, oil & gas, and industrial customers with comprehensive offerings spanning component manufacturing, rotor life extension, parts supply, field services, combustion optimization platforms, and long-term service agreements. With over 65 years of OEM manufacturing heritage (including for Fiat and mature Westinghouse turbines), EthosEnergy combines OEM-equivalent quality with independent service provider flexibility.
Is EthosEnergy a public or private company?
EthosEnergy is a private company. It is classified as private equity controlled and is currently operating.
When was EthosEnergy founded?
EthosEnergy was founded in 2014. It employs 1,001 to 5,000 people.
Where is EthosEnergy based?
EthosEnergy is headquartered in Houston, United States, in the North America region.
How does EthosEnergy make money?
Seven revenue lines are on record. MRO Services - Heavy Duty Gas Turbines are the primary driver. The others are MRO Services - Light Industrial Gas Turbines, generator Services, transformer Services, long-term Service Agreements (LTSA), parts and Equipment Sales and aerospace Components MRO.
Does EthosEnergy have an API?
No public API is recorded for EthosEnergy.
What industry is EthosEnergy in?
EthosEnergy's product category is Industrial Turbine MRO Services. Its primary akta.pro industry code is TLAKAHAJ, Specialty Power Systems MRO (Generators, Compressors, Pumps, Welders). Its NAICS code is 333611 and its SIC code is 3510.