Announced

Completed

Greenbacker Capital Management completed a $35m investment in Peak Power.

Synopsis

Greenbacker Capital Management, an investment company, completed a $35m investment in Peak Power, a software company. “Battery storage is a linchpin technology for decarbonizing the electricity sector. This funding will allow us to help even more businesses reach their economic and environmental targets. Tailwinds in the US energy storage market have never been stronger. The demand for clean distributed energy resources is growing, government policies are removing barriers for investment, and technology is becoming more cost-effective," Derek Lim Soo, Peak Power CEO and Co-Founder.

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