Growth Through Acquisition Lucid Energy was acquired by Targa Resources for 3.55 billion dollars in July 2022, indicating a significant validation of its technology and potential for large-scale deployment within the energy infrastructure sector. This acquisition presents opportunities to collaborate with a major player looking to expand renewable solutions in industrial and utility markets.

Industry Partnerships The company has established collaborations with municipal entities such as the City of Portland to install turbines in gravity-fed water systems, demonstrating a proven track record of working with government agencies and utilities—ideal for expanding sales into public sector water and energy projects.

Innovative Technology Focus Lucid Energy’s patented LucidPipe™ Power System captures renewable energy from existing water pipelines without impacting operations, offering a low-cost, scalable solution that appeals to industries seeking to reduce energy costs or meet sustainability goals, especially those with large water infrastructure assets.

Expanding Markets & Projects The company is actively developing projects such as a large CCS initiative in the Permian Basin, leveraging its existing infrastructure to provide integrated carbon capture and renewable energy solutions, opening doors for cross-selling opportunities in emissions reduction and water management sectors.

Financial and Funding Leverage With revenue estimates between $10 million and $25 million and recent funding of $5.7 million, Lucid Energy is positioned for growth, making it an appealing prospect for investors or partners aiming to scale innovative renewable water energy technologies in mid-sized infrastructure markets.