Flexgen Announces $100 Million Series C To Power Continued Growth
07/19/22, 1:12 PM
Location
durhamMoney raised
$100 million
Industry
natural resources
energy
sustainability
data and analytics
software
Round Type
series c
FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading integration services and software technology provider for energy storage solutions in the U.S. and globally, today announced the close of a $100 million Series C Investment round. The investment is anchored by Vitol, the largest independent energy trading company globally, in partnership with existing investors
Company Info
Location
durham, north carolina, united states
Additional Info
This latest round of investment expands the advantaged position that FlexGen has with our customers across the utility, IPP, and co-op markets," said Kelcy Pegler, CEO of FlexGen. FlexGen is the leader in energy storage solutions, and we look forward to supporting the company's international expansion through our global footprint, as well as providing battery optimization solutions for FlexGen's customers," said R. Andrew de Pass, Head of Renewables, Vitol Inc. FlexGen is the leading integration services and software technology provider for energy storage solutions in the U.S. and globally.