Convergent distributed energy storage + solar pipeline — initial $150M facility, framework for $1B+ total
Convergent + MUFG groundbreaking financing facility for distributed energy storage projects. $150M initial; framework provides scalable capital for $1B+ pipeline.
$150M
Deal Value
Solar + Storage
Technology
Multi-state
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Convergent Energy and Power
- Buyer / Financier
- MUFG
- Deal Value
- $150M (initial); $1B+ framework
- Stage
- Development
- ISO/RTO
- Multiple
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