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Navitas Utility Corporation
121 Eakly Campus Road, Eakly School , Eakly, Oklahoma, United States

Memberships : NA
Industry : Natural Gas
Basic Member
Since Jan, 2020
About Company

 The Navitas Companies, Navitas Utilities Corporation and Navitas Assets, LLC, have been formed to make strategic investments in energy assets. The primary focus of both companies has been in the development, acquisition and operation of downstream, pipeline distribution operations. The combined strategies of these entities are furthermore defined by a concentration on systems in rural areas or systems involving shorter runs of piping which connect to limited, local industrial or municipal customer bases. Examples of this strategy include local natural gas distribution companies, (LDCs), and pipelines serving railroad fueling points, airports, or small local fuel markets.     The focus on small, out of the way operations is key to the combined company strategies.  In many cases these operations lack the ability to form economies of scale. Many times they are undercapitalized. In some instances they are deemed as non-core to a larger entity. In almost every case, they are facing substantial compliance projects which threaten their viability. As a result of these issues, the acquisition process is less complex, and the potential for improvement is greater.      The Navitas Companies are structured to be flexible in approaching a potential investment. Investments in the actual assets are made by Navitas Assets, LLC, (NALLC). NALLC will consider owning all or part of an acquisition, and can act by itself or in concert with other asset-holding entities. NALLC operations are typically subject to regulation and is most often a rate holding entity.     Navitas Utilities Corporation, (NUC) was formed to develop energy projects and to physically operate energy assets. It operates as a non-regulated entity. NUC is a separate, core operations group with the capability to locate and acquire assets for NALLC. NUC also is able to design, construct, and maintain pipelines, and can conduct related commercial operations. Within NUC, the necessary economies of scale can be established for geographically widespread, small systems. NUC also actively seeks to function as a contract operator for third party owners of similar systems, and to facilitate this activity has obtained a minority owned business status in the State of California.     The Navitas Companies are privately held, and managed by individuals possessing extensive experience in all facets of the energy industry. In its short history, the company has been successful in locating and acquiring a number of LDC operations and at the current time operates in excess of 600 miles of natural gas distribution pipelines.

Services

The Navitas Companies proudly serves a number of cities, towns, communities, and counties in Oklahoma. We are currently serving: Beckham, Blaine, Caddo, Greer, Harmon, Haskell, Hughes, Jackson, Pittsburg, Stephens, and Washita Counties. Our LeAnn Division serves: Kay, Logan, Nowata, Osage, Pawnee & Washington Counties. Our service area includes: Alma, Binger, Bridgeport, Colony, Eakly, Fort Cobb Lake, Gracemont, Hinton, Rural Krebs, Lookeba, Sickles, and Velma as Fort Cobb Fuel Authority. The LeAnn Division serves the communities of: Osage, Pershing, Newlogany, Ochelata, Oglesby, New Harmony, South Coffeyville, Lenapah, Dewey, Newkirk, Webb City, Shidler, Bowring, and Mulhall.

Navitas Utility Corporation Overview 

   Navitas Utility Corporation (NUC) was formed to locate, develop, and operate mid and downstream pipeline companies.  NUC retains a workforce highly experienced and skilled in these efforts. NUCs primary customer Navitas Assets, LLC (NALLC) typically retains NUC to find LDC opportunities to provide operational and commercial services on a contract basis. NUC has in the past, and will continue to offer the same contract services to third party pipeline operations. To facilitate contracting, the company has obtained its California Minority Owned Business status.     The long term goal is to develop economies of scale which can provide effective operational expertise to geographically diverse, rural pipeline systems. This places a premium on employing the most experienced and well trained personnel possible. By scaling a number of small systems into a larger seamless operation, a longer term, strategically driven philosophy can be brought to bear. This outlook pays dividends in the areas of maintenance, compliance, and insurance.  Large gains are also seen in billing, customer service, and engineering. NUC can provide the critical mass necessary to obtain the best commodity and transportation contracts otherwise unavailable to the numerous, small rural systems.  In the end, the consumers will also benefit from these economies through solid consistent service at competitive prices.

Company NameNavitas Utility Corporation
Business CategoryNatural Gas
Address121 Eakly Campus Road
Eakly School
Eakly
Oklahoma
United States
ZIP: 73033
PresidentThomas Hartline
Year Established2006
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Utility Acquisitions
  • Utility Operations
  • Regulatory Compliance
  • Utility Mergers
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