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Cloverland Electric Cooperative

Full company profile

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Namestring
Cloverland Electric Cooperative
Websiteurl
cloverland.com
Company typeenum
Private
Founded yearint
1938
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersSault Sainte Marie, United States
HQ citystring
Sault Sainte Marie
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
electric utility distribution, rural electric service, cooperative electricity supply, member-owned electric, power distribution services
Industry1 code
1Electric Cooperatives (Rural/Member-Owned Utilities)
CodeEUADABACPrimaryYes
NAICS code2 codes
  • Electric Power Distribution221122
  • Electric Power Transmission, Control, and Distribution22112
SIC code1 code
  • Electric Services4911
Product category
Electric Utility Distribution
No data
Cost components4 values
Infrastructure, Supply Chain, Operations, Personnel
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Cloverland Electric Cooperative is a member-owned electric distribution cooperative that supplies electrical power and related services to its members. Founded in 1938 and headquartered in Sault Sainte Marie, Michigan, it focuses on environmentally responsible operations while delivering electricity and member services across its service territory.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Electric Power Distribution
CategoryElectric Utility Services
Recent move1 record

Each record includes

Date, Type, Title, Description, Source

Peers10 records
TypeBroad incumbent
Description

Major Michigan-based investor-owned utility with electric generation, distribution, and gas operations. Comparable regulatory jurisdiction and customer base, but at significantly larger scale and with investor-owned capital structure.

TypeDirect peer
Description

Member-owned electric distribution cooperative serving rural and seasonal communities across western and northern Michigan. Comparable member-owned distribution model, service-territory profile, and scale.

TypeOthers
Description

National trade association serving U.S. electric cooperatives. Relevant as the industry body shaping policy, financing (CFC / CoBank), and cooperative standards for entities like Cloverland.

TypeBroad incumbent
Description

Michigan's largest investor-owned electric and natural gas utility. Operates across overlapping Michigan territory with a much broader portfolio, providing a benchmark for rate-base scale, regulatory approach, and renewable integration.

TypeRegional player
Description

Generation-and-transmission electric cooperative serving member distribution co-ops in Indiana and Illinois. Comparable cooperative ownership model and wholesale supply function, though serving a different region.

TypeOthers
Description

National alliance and brand network of member-owned electric cooperatives. Comparable cooperative identity, member-service model, and shared services/access to cooperative-scale programs.

TypeBroad incumbent
Description

Michigan-headquartered independent electricity transmission operator. Comparable in operating in Michigan's grid infrastructure, but focused on transmission rather than cooperative distribution.

TypeDirect peer
Description

Member-owned distribution electric cooperative based in northern Michigan. Closely comparable cooperative model, customer base, and rural distribution operations in the same state.

TypeDirect peer
Description

Investor-owned electric utility serving customers in Michigan's Upper Peninsula, overlapping Cloverland's service geography. Highly comparable local distribution franchise in the same UP market.

TypeDirect peer
Description

Michigan-based generation-and-transmission electric cooperative supplying power to multiple distribution co-ops in the state, including in the Upper Peninsula. Highly comparable cooperative structure, regulatory environment, and member-utility customer base.

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Weaknesses3 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks4 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Cloverland Electric Cooperative

Electric Utility Distributioncloverland.com

Cloverland Electric Cooperative firmographics

Firmographics
Name
Cloverland Electric Cooperative
Website
https://cloverland.com
Company type
Private
Founded year
1938
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

Cloverland Electric Cooperative industry classification

Industry
Product category
Electric Utility Distribution
NAICS
Electric Power Distribution (221122), Electric Power Transmission, Control, and Distribution (22112)
SIC
Electric Services (4911)
akta.pro primary industry
Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)

Keywords

  • Electric utility distribution
  • Rural electric service
  • Cooperative electricity supply
  • Member-owned electric
  • Power distribution services

Where Cloverland Electric Cooperative is headquartered

Location

Headquarters

HQ city
Sault Sainte Marie
HQ country
United States
HQ region
North America

Markets served

Cloverland Electric Cooperative business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Infrastructure, Supply Chain, Operations, Personnel

Cloverland Electric Cooperative product offering

Product offering

Core offering

Cloverland Electric Cooperative is a member-owned electric distribution cooperative that supplies electrical power and related services to its members. Founded in 1938 and headquartered in Sault Sainte Marie, Michigan, it focuses on environmentally responsible operations while delivering electricity and member services across its service territory.

Differentiator

Problem solved

Functional benefit

Products and services

  • Electric Power Distribution

Companies that use Cloverland Electric Cooperative

Customer profile

Ideal customer profiles2 records

Cloverland Electric Cooperative technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Cloverland Electric Cooperative partnerships and signals

Strategic signal

Recent moves1 record

Cloverland Electric Cooperative competitors and assessment

Company assessment

Broad incumbents

  • DTE Energy: Major Michigan-based investor-owned utility with electric generation, distribution, and gas operations. Comparable regulatory jurisdiction and customer base, but at significantly larger scale and with investor-owned capital structure.
  • Consumers Energy: Michigan's largest investor-owned electric and natural gas utility. Operates across overlapping Michigan territory with a much broader portfolio, providing a benchmark for rate-base scale, regulatory approach, and renewable integration.
  • ITC Holdings: Michigan-headquartered independent electricity transmission operator. Comparable in operating in Michigan's grid infrastructure, but focused on transmission rather than cooperative distribution.

Direct peers

  • Great Lakes Energy Cooperative: Member-owned electric distribution cooperative serving rural and seasonal communities across western and northern Michigan. Comparable member-owned distribution model, service-territory profile, and scale.
  • Cherryland Electric Cooperative: Member-owned distribution electric cooperative based in northern Michigan. Closely comparable cooperative model, customer base, and rural distribution operations in the same state.
  • Upper Peninsula Power Company (UPPCO): Investor-owned electric utility serving customers in Michigan's Upper Peninsula, overlapping Cloverland's service geography. Highly comparable local distribution franchise in the same UP market.
  • Wolverine Power Cooperative: Michigan-based generation-and-transmission electric cooperative supplying power to multiple distribution co-ops in the state, including in the Upper Peninsula. Highly comparable cooperative structure, regulatory environment, and member-utility customer base.

Others

  • NRECA (National Rural Electric Cooperative Association): National trade association serving U.S. electric cooperatives. Relevant as the industry body shaping policy, financing (CFC / CoBank), and cooperative standards for entities like Cloverland.
  • Touchstone Energy Cooperatives: National alliance and brand network of member-owned electric cooperatives. Comparable cooperative identity, member-service model, and shared services/access to cooperative-scale programs.

Regional players

  • Hoosier Energy: Generation-and-transmission electric cooperative serving member distribution co-ops in Indiana and Illinois. Comparable cooperative ownership model and wholesale supply function, though serving a different region.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

Cloverland Electric Cooperative financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Cloverland Electric Cooperative leadership team

Management profile

Number of profiles

Cloverland Electric Cooperative funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Cloverland Electric Cooperative M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cloverland Electric Cooperative

What does Cloverland Electric Cooperative do?

Cloverland Electric Cooperative is a member-owned electric distribution cooperative that supplies electrical power and related services to its members. Founded in 1938 and headquartered in Sault Sainte Marie, Michigan, it focuses on environmentally responsible operations while delivering electricity and member services across its service territory.

Is Cloverland Electric Cooperative a public or private company?

Cloverland Electric Cooperative is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Cloverland Electric Cooperative founded?

Cloverland Electric Cooperative was founded in 1938. It employs 101 to 250 people.

Where is Cloverland Electric Cooperative based?

Cloverland Electric Cooperative is headquartered in Sault Sainte Marie, United States, in the North America region.

Who are Cloverland Electric Cooperative's main competitors?

Broad incumbents on record are DTE Energy, Consumers Energy and ITC Holdings. Direct peers are Great Lakes Energy Cooperative, Cherryland Electric Cooperative, Upper Peninsula Power Company (UPPCO) and Wolverine Power Cooperative. Others are NRECA (National Rural Electric Cooperative Association) and Touchstone Energy Cooperatives. Hoosier Energy is listed as a regional player.

Does Cloverland Electric Cooperative have an API?

No public API is recorded for Cloverland Electric Cooperative.

What industry is Cloverland Electric Cooperative in?

Cloverland Electric Cooperative's product category is Electric Utility Distribution. Its primary akta.pro industry code is EUADABAC, Electric Cooperatives (Rural/Member-Owned Utilities). Its NAICS code is 221122 and its SIC code is 4911.

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