TECOGEN INC.
Close on Oct 19, 2026
- Market cap
- $63.60M
- P/E (TTM)
- –
- Dividend yield
- –
About Tecogen
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip, SIC 3585
Tecogen Inc. designs, manufactures, and services natural-gas-powered combined heat and power systems, industrial chillers, and refrigeration compressors. Its operations are divided into three business segments: Products, Services, and Energy Production. The Products segment produces cogeneration systems, air-conditioning chillers, and emissions control technologies. The Services segment delivers operations and maintenance solutions for installed machinery. Through the Energy Production segment, the company owns distributed generation energy equipment installed at customer sites and provides electricity, cooling, hot water, and heat under long-term agreements. Tecogen serves commercial, institutional, and industrial clients, including hospitals, educational institutions, multi-unit residential facilities, hotels, indoor agriculture operations, and food processing plants.
The company is headquartered in North Billerica, Massachusetts, having relocated its corporate offices and manufacturing operations from Waltham, Massachusetts. Tecogen maintains a network of eleven field service centers across California, Connecticut, Florida, Massachusetts, Michigan, New Jersey, New York, and Toronto, Canada. The company has shipped more than 3,200 units, primarily serving regions with elevated utility rates across the Northeast, the Midwest, and California.
Summary of the business section of Tecogen's latest annual report, written by StockData.
Company profile
Company
- Legal name
- TECOGEN INC.
- Founded
- 2020
- Headquarters
- North Billerica, MA
- Address
- 76 Treble Cove Road, Bldg. 1 01862
- Phone
- (781) 466-6400
- Employees
- 119, Dec 31, 2025
- Industry
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- WOLF & COMPANY, P.C., Boston, Massachusetts
Stock & identifiers
- Ticker
- TGEN
- Exchange
- NYSE
- IPO date
- May 20, 2014
- Shares outstanding
- 30M, Aug 13, 2026
- Public float
- $84.16M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-4 reverse, Aug 14, 2013
- SEC CIK
- 1537435
- CUSIP
- 87876P201
- ISIN
- US87876P2011
- LEI
- 549300GD898YRLK9SS61
- EIN
- 04-3536131
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Abinand Rangesh | Chief Executive Officer, Director | 241,274 |
| John Kimball Whiting IV | General Counsel & Secretary | 41,954 |
| Robert Panora | COO and President | 72,194 |
| Roger P. Deschenes | Chief Financial Officer | 81,975 |
| Stephen Lafaille | VP of Business Development | 41,389 |
| Ahmed Ghoniem | Director | 12,723 |
| Susan B. Hirsch | Director | 265,416 |
| John M. Albertine | Director | – |
| Earl Lewis | Director | 1,646,006 |
| Angelina Galiteva | Director | 50,000 |
| John Hatsopoulos | Director | 1,114,513 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Abinand Rangesh | $812.49K | $1.06M | $337.80K | $337 | – |
| FY2024 Abinand Rangesh | $203.50K | $196.85K | $167.60K | $121 | – |
| FY2023 Abinand Rangesh | $226.20K | $214.16K | $173.92K | $65 | – |
| FY2022 Abinand Rangesh | $241.14K | $305.07K | $202.12K | $105 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 119 full-time employees and 1 part-time employee, including 4 sales and marketing personnel, 83 service personnel, 24 manufacturing personnel and 9 finance and administrative personnel.”
Corporate history
Events identified from SEC filings