In June 2019, Energy Capital Partners acquired Convergent Energy & Power Inc. (“Convergent”), a pure-play developer, owner and operator of energy storage assets in the U.S. and Canada with approximately 163MW / 337MWh of storage and 42 MW of solar capacity across its portfolio of operating, contracted or in-construction projects. The company is actively pursuing new development opportunities across North America with large commercial and industrial power users, utilities and grid operators for projects ranging in size from 1 MW to 30 MW of capacity.
Convergent is the leading independent developer of energy storage solutions in North America. Powered by results, Convergent manages all aspects of the energy storage asset development cycle to help customers navigate an increasingly expensive, decentralized, and renewable-driven energy landscape. Convergent deploys state-of-the-art technology to significantly lower commercial and industrial customers’ electricity bills and provide utilities with cost-effective grid solutions.