Viking Energy Group, Inc. operates as a diversified energy company focused on the acquisition, development and operation of power generation and energy storage assets across North America. The company targets both dispatchable and renewable power projects, ranging from natural gas‐fired cogeneration facilities to solar, wind and battery storage installations. Through strategic project development and targeted asset acquisitions, Viking Energy Group aims to deliver reliable, cost‐effective energy and ancillary services to utilities, independent power producers and large commercial consumers.
At the core of its business model, Viking Energy Group sources, develops and manages generation capacity that can be dispatched to meet peak demand, grid stabilization needs and renewable portfolio requirements. The company’s services include project design and engineering, permitting, construction oversight, operations and maintenance, and energy trading and marketing. By combining in‐house technical expertise with external partnerships, Viking Energy Group is able to structure long‐term power purchase agreements and tolling agreements that enhance revenue visibility and manage commodity price risk.
Originally established in the late 1980s under a different corporate identity, Viking Energy Group evolved through a series of strategic acquisitions and recapitalizations to its current structure. In recent years, the company has expanded its footprint in key U.S. regions, including the Northeast and Mid‐Atlantic, and is evaluating opportunities in the West Coast and Canadian markets. Its development pipeline encompasses both greenfield projects and brownfield refurbishments, with a growing emphasis on technologies that support the energy transition, such as carbon capture integration and hydrogen blending.
Headquartered in Toronto with a corporate office in New York, Viking Energy Group is led by a management team with extensive backgrounds in power generation, finance and environmental engineering. The board of directors includes industry veterans with decades of experience in utilities, project development and capital markets. Together, the leadership team is focused on scaling the company’s asset base, optimizing operational performance and advancing sustainable energy solutions for customers and stakeholders.
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