Our Story

Convergent was established in 2011 with two employees and a borrowed office. The vision then remains the same today – develop, own, and operate energy storage focused assets that create long-term value for our customers, investors, and broader society.

It was a challenging mission. The cost of an installed battery system then was five times what it is today. Prospective customers were unfamiliar with the terminology and technology behind “energy storage” and many were reluctant to be first movers. Our initial projects, while ultimately successful, were learning experiences for all the stakeholders.

Today, saving money using energy storage is a mainstream concept. Our team and project locations extend all over North America, from California to Maine and in Canada as well.

In July 2019, the energy and infrastructure fund ECP purchased Convergent, providing us with the financial resources to continue setting energy storage sector milestones for many years to come.

In the nascent but rapidly growing marketplace for energy storage solutions, our customer-centric approach to project development—and track record of completed projects—speaks for itself.

Our Highlights

With over 250 MW and 500 MWh of projects in operation, construction, or under contract, Convergent is the largest independent operator of energy storage solutions in North America.

Convergent has raised and deployed $350M of capital including the first non-recourse debt financing for energy storage.

Our 10MW project in Ontario is the largest behind-the-meter energy storage system in North America.

We’re the first developer to build and operate energy storage as a “non-wires alternative” for utility infrastructure.

We’re the first company to bring a Global Adjustment energy storage system online.

Over 43,800 hours of storage asset operation and optimization through PEAK IQ®