Convergent Energy and Power closed a programmatic tax equity financing deal with East West Bank to support its energy storage projects in New York and Maryland.
Round Type
Venture
New YorkManufacturingRenewable EnergySemiconductorsInvestors
Description
Convergent Energy and Power has finalized a tax equity financing arrangement with East West Bank to enhance its energy storage portfolios. This funding aims to improve reliability and sustainability for over 8,000 customers on the East Coast.
Quick answer
Convergent Energy and Power raised an undisclosed amount in a funding round, dated November 21, 2024. Investors: Greenprint Capital and East West Bank. Convergent Energy and Power is based in New York, New York, United States.
- How much did Convergent Energy and Power raise?
- Convergent Energy and Power raised an undisclosed amount in a funding round on November 21, 2024.
- Who invested in Convergent Energy and Power?
- Greenprint Capital and East West Bank are named as investors in this round.
- What does Convergent Energy and Power do?
- Convergent Energy and Power (Convergent) is a leading provider of energy storage solutions in North America.
- Where is Convergent Energy and Power based and how big is it?
- Convergent Energy and Power is based in New York, New York, United States. Fundz records about 149 employees.
- Who are the decision-makers at Convergent Energy and Power?
- Fundz holds 1 contact at Convergent Energy and Power. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Renewable Energy and Semiconductors around the same time
Companies in the same sectors as Convergent Energy and Power that raised within 45 days of this round, from Fundz verified event records.
- Expion Energy, Inc. raised $2.5M (Seed) on January 2, 2025.
- Mitico raised $6.4M on December 23, 2024.
- Stratus Material raised $3M (Seed) on December 23, 2024.
- Mojave Energy Systems raised $9.5M (Series A) on December 18, 2024.
- Aisti raised $30M (Series A) on December 12, 2024.
- Heirloom Carbon raised $150M (Series B) on December 4, 2024.
Who to call at Convergent Energy and Power, and when
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Related People
Convergent Energy and Power raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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