Tenaska Energy

In 1987, energy executives Howard Hawks, Tom Hendricks, Max Williams, and Gary Hoover launched Tenaska as a private company in the evolving energy industry. Their goal was to build one or two power plants; the company has now built a total of 17.

The company later established affiliates to focus on multiple aspects of the energy industry. Tenaska Marketing Ventures (TMV) manages, trades or sells approximately 10 percent of the total natural gas consumption of the United States and Canada. Similarly, Tenaska Power Services Co. (TPS), an affiliate to market power and provide ancillary services, is the leading provider of energy management services to generation and demand-side customers in the U.S. In 2023, Kraken Technologies signed a deal with TPS to manage customer battery sites in Texas.

Natural gas marketing: Tenaska Marketing Ventures provides services that include fuel supply, market and logistical services, asset management and financial and physical hedging services.

Power marketing: Tenaska Power Services Co. provides energy management services to generation and demand-side customers in the U.S. TPS offers optimization, risk management, power trading and settlement services.

Development: The Tenaska Development portfolio currently includes carbon capture and sequestration, natural gas-fired generation, renewable fuel peakers, wind, solar, energy storage and green hydrogen projects.

Generation: Encompassing natural gas, wind and solar, the Tenaska Generation fleet consists of 6,622 megawatts of generation combined.