NEW YORK: Energy Capital Partners (ECP), a private equity and credit investment firm with ~$19 billion in capital commitments, announced today the final acquisition of Convergent Energy + Power (Convergent), the leading independent developer of energy storage solutions in North America. Since its founding in 2011, Convergent has raised and deployed over $70M of equity […]
Ontario’s policy of rewarding large users of energy that reduce their demand for grid energy at peak times has resulted in Shell New Energies announcing 21MWh of projects with Convergent Energy + Power. US-Canadian project developer Convergent has been involved in some of the Canadian province’s biggest energy storage projects to date, many of which […]