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Energy Capital Partners buys energy storage expert Convergent

US private equity and credit investment firm Energy Capital Partners (ECP) has taken over energy storage solutions developer Convergent Energy + Power. ECP said in a statement today that the acquisition includes financing for Convergent’s future pipeline of projects. It gave no financial details about the deal that was signed in April 2019. Founded in […]

US DOI gives green light to 350MW/1,400MWh Energy Storage Project in California

Energy Capital Partners Acquires Convergent Energy + Power

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 […]

JSW Hydro Energy to Issue USD Denominated Notes to Raise Funds