Bakken Energy
Bakken Energy is an independent power generation developer based in Mandan, North Dakota, developing natural gas plus Carbon Capture and Sequestration (CCS) baseload power projects to serve utilities, data centers, and field operations across the Upper Midwest.
- Company typePrivate
- Founded2018
- HeadquartersBismarck, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Bakken Energy does
Bakken Energy is an independent power generation developer headquartered in Mandan, North Dakota. The company develops natural gas power generation projects combined with Carbon Capture and Sequestration (CCS), positioning the output as a low-carbon baseload electricity source intended to be cheaper and quicker to deploy than nuclear capacity. Its stated mission is to become one of the most significant independent power developers in North Dakota, with flexibility to serve traditional utility needs, data-center opportunities, and field operations.
Bakken Energy firmographics
Firmographics- Name
- Bakken Energy
- Legal name
- Bakken Energy
- Website
- https://bakkenenergy.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Bakken Energy is an independent power generation developer based in Mandan, North Dakota, developing natural gas plus Carbon Capture and Sequestration (CCS) baseload power projects to serve utilities, data centers, and field operations across the Upper Midwest.
- Ownership category
- akta.pro rank
Bakken Energy industry classification
Industry- Product category
- Independent Power Generation
- NAICS
- Fossil Fuel Electric Power Generation (221112)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Gas-Fired Steam Turbine (Boiler-Fired) Generation (EUACABAF)
- akta.pro secondary industry
- Captive & Embedded Gas-Fired Power Generation (Industrial/Commercial CHP) (EUALALAB)
Keywords
Where Bakken Energy is headquartered
LocationHeadquarters
- HQ city
- Bismarck
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Bakken Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Power Generation Development and Sales: Developing power generation projects that produce and sell electricity to utilities, data centers, and industrial operations. Revenue is generated through long-term power purchase agreements and direct electricity sales contracts.
Go-to-market motion1 record
Distribution channels1 record
Bakken Energy product offering
Product offeringCore offering
Bakken Energy develops power generation projects that utilize natural gas resources from the Bakken formation combined with Carbon Capture and Sequestration (CCS) technology to produce low-carbon base-load electricity. The company targets the Upper Midwest region, particularly North Dakota, and sells electricity to traditional utilities, data center operators, and industrial field operations through long-term power purchase agreements.
Product overview
Bakken Energy is an independent power generation developer focused on natural gas power projects combined with Carbon Capture and Sequestration (CCS). The company offers a single core product line: Natural Gas Power Generation, which provides low carbon base-load electricity to serve traditional utility needs, data-center operations, and field operations in the Upper Midwest, particularly North Dakota. The natural gas power generation serves as an anchor power source for data-center operations and works in conjunction with renewable energy sources as a partner fuel in the lower carbon future.
Differentiator
Problem solved
Functional benefit
Products and services
- Natural Gas Power Generation with CCS
Companies that use Bakken Energy
Customer profileSegments3 records
Ideal customer profiles3 records
Bakken Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Bakken Energy partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights4 records
Bakken Energy competitors and assessment
Company assessmentDirect peers
- Talen Energy: Independent power producer with a focused strategy of selling baseload nuclear and fossil power directly to data center operators. Highly comparable to Bakken Energy because both target hyperscaler/data center offtake for firm power generation in the US, and Talen pioneered the data-center-as-anchor-tenant model that Bakken is emulating with gas + CCS.
- Calpine Corporation: Largest US independent power producer and the dominant natural gas-fired generation fleet operator. Directly comparable as a gas-focused IPP competing for the same utility and merchant PPA market Bakken targets, and is the benchmark scale competitor any gas + CCS developer must beat on cost and reliability.
- Vistra Corp: Major US IPP with one of the largest natural gas generation fleets and a growing focus on serving large data center customers. Comparable as a competing gas-fired power developer pursuing hyperscaler PPAs in overlapping US regions.
- Competitive Power Ventures (CPV): Independent power developer specializing in natural gas-fired and renewable generation projects across the US. Closely comparable to Bakken Energy in business model — both are pure-play power project developers building gas and lower-carbon capacity under long-term PPAs — but at significantly greater scale and capital base.
- LS Power: Private independent power developer and operator with a diversified portfolio including natural gas, renewables, and transmission. Highly comparable as a privately-held, multi-technology IPP that develops, owns, and sells power under PPAs to utilities and large energy users, and competes for the same RFP pipeline Bakken targets.
Broad incumbents
- NextEra Energy Resources: The world's largest generator of wind and solar energy and a major operator of natural gas and battery storage assets. Comparable as the dominant incumbent in US merchant and contracted power development, with a renewable-plus-firming portfolio that overlaps Bakken's gas-as-renewable-partner thesis.
Regional players
- MDU Resources Group: Utility holding company headquartered in the Upper Midwest with regulated electric and natural gas operations in North Dakota, South Dakota, and Montana. Comparable as a potential offtake utility customer in Bakken Energy's core North Dakota market and a regional incumbent in the same geography.
- Otter Tail Power Company: Investor-owned electric utility serving Minnesota, North Dakota, and South Dakota. Directly comparable as one of the specific regional utility buyers Bakken Energy is targeting for base-load PPAs in the Upper Midwest, with overlapping service territory and demand growth exposure.
- Basin Electric Power Cooperative: Generation and transmission cooperative serving rural electric cooperatives across the Upper Midwest and Western US, including significant operations in North Dakota. Highly relevant as a likely offtake buyer for new firm generation capacity in Bakken's target geography, with overlapping member-cooperative demand from data center buildouts.
Others
- Energy Capital Partners portfolio companies (e.g., Pivot Power, Caliche): Private investment firm with a portfolio of natural gas and infrastructure development companies comparable to Bakken. Relevant as a representative of the type of capital partner / strategic acquirer that could finance or absorb a small IPP developer at scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Bakken Energy social profiles
Digital presenceBakken Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bakken Energy leadership team
Management profileNumber of profiles
Profiles3 records
Bakken Energy funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bakken Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bakken Energy
What does Bakken Energy do?
Bakken Energy develops power generation projects that utilize natural gas resources from the Bakken formation combined with Carbon Capture and Sequestration (CCS) technology to produce low-carbon base-load electricity. The company targets the Upper Midwest region, particularly North Dakota, and sells electricity to traditional utilities, data center operators, and industrial field operations through long-term power purchase agreements.
Is Bakken Energy a public or private company?
Bakken Energy is a private company. It is classified as unknown and is currently operating.
When was Bakken Energy founded?
Bakken Energy was founded in 2018. It employs 11 to 50 people.
Where is Bakken Energy based?
Bakken Energy is headquartered in Bismarck, United States, in the North America region.
How does Bakken Energy make money?
One revenue line is on record: power Generation Development and Sales.
Who are Bakken Energy's main competitors?
Direct peers on record are Talen Energy, Calpine Corporation, Vistra Corp, Competitive Power Ventures (CPV) and LS Power. NextEra Energy Resources is listed as a broad incumbent. Regional players are MDU Resources Group, Otter Tail Power Company and Basin Electric Power Cooperative. Energy Capital Partners portfolio companies (e.g., Pivot Power, Caliche) is listed as an others.
Does Bakken Energy have an API?
No public API is recorded for Bakken Energy.
What industry is Bakken Energy in?
Bakken Energy's product category is Independent Power Generation. Its primary akta.pro industry code is EUACABAF, Gas-Fired Steam Turbine (Boiler-Fired) Generation, with a secondary code of EUALALAB, Captive & Embedded Gas-Fired Power Generation (Industrial/Commercial CHP). Its NAICS code is 221112 and its SIC code is 4991.