What We Do
We finance, own, and operate energy storage infrastructure solutions.
How We Help
Our deep expertise across the project development cycle and access to flexible capital provides our partners with unparalleled opportunities to realize project success.
Who We Help
We partner with project developers as well as technology, finance, and investment companies to maximize value for all stakeholders.
Partner Testimonial
“Convergent combines the benefits of working with a small team of knowledgeable decision makers with the technical and financial resources of a larger company. They bring an unparalleled creativity, flexibility, and storage expertise to the table.”
AJ SamadPartner, PrairieGold Solar
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Expertise and Efficiency
Our team brings over 100 years of expertise in financing energy storage assets, standalone or paired with renewables.
Benefits
- Informed decision-makers
- Speed and creativity
- Deep technical know-how
- Strong financial resources
- Track-record of transaction completion
- History of proven results
Track Record
100% closing certainty once a Letter of Intent is extended
Established process in which typical transactions close within 60 days
Completed the first non-recourse debt financing for energy storage
Completed the first third-party tax equity on a solar and storage project
Experience with multiple storage technologies and applications
Creativity and buying power that brings additional value to projects and partners
”Our team brings the technical expertise and capital availability of a large fund or bank without unnecessary bureaucracy or hassle. We’re flexible, creative, and have a deep understanding of the execution and operational side of the business; if there’s a way to make a project work, we’ll identify it and execute on it.
Frank GenovaCFO/COO
By the Numbers
$350
of transactions across 15+ projects since January 2018
500
in operation or under construction
250
of market participation across CAISO, ISO NE, IESO, NYISO, and PJM
Investment Criteria
- Energy storage or storage integrated opportunities at any stage of development from conception to operation
- $2M to $100M opportunities across commercial, industrial, and utility applications
- Capable of effectively underwriting both merchant and contracted revenue streams