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Emrgy announced it raised $13.1 Million in an initial filing from an offering of $23.8 Million

Sep 27, 2022almost 3 years ago

Amount Raised

$13.1 Million

AtlantaEnergy

Company Information

Company

Emrgy

Location

75 5TH ST. NW

Atlanta, Georgia, United States

About

Emrgy designs and deploys modular, scalable hydroelectric solutions without the need for construction or dams. Compared to intermittent solutions like solar and wind, the controllable nature of these waterways enable higher capacity factors, do not require adjacent technologies such as storage, and ultimately deliver quicker and greater value to the customer. While in-canal hydro market potential has not been adequately quantified to date, the US market conservatively represents >6GW of undeveloped potential. Emrgy has developed a proprietary, global resource assessment tool to better characterize and quantify the vast, immediately available in-conduit hydroelectric potential.

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