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Convergent Energy and Power manages all aspects of energy storage development for its grid operator, utility, and industrial customers. The company reduces electricity costs, guarantees power quality and reliability, and solves infrastructure problems. Founded in late 2011 with a focus on energy storage project development, Convergent has more than $1bn of contracted projects in North America. For more information about Convergent, please visit convergentep.com.
Investor insights
Funding rounds participated in
$585M sweet spot round size
Investor type
Privately Held
Basic info
Industry
Renewable Energy Semiconductor Manufacturing
Sectors
Renewable Energy Semiconductor Manufacturing
Date founded
2011
Funding rounds raised
Total raised
$585M
from 1 investors over 1 rounds
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Convergent Energy and Power raised $585M on February 17, 2025
Investors: US Department of Energy