An affiliated fund of Greenbacker Capital Management led the investment in the energy-storage software company. Existing investors Osmington Inc., BDC Capital, Export Development Capital, Hatch, Sensata Technologies and The Atmospheric Fund also participated. (The Logic)
Skip to content
An affiliated fund of Greenbacker Capital Management led the investment in the energy-storage software company. Existing investors Osmington Inc., BDC Capital, Export Development Capital, Hatch, Sensata Technologies and The Atmospheric Fund also participated. (The Logic)
Talking point: Energy storage projects and commercial and industrial buildings use Peak Power’s software to optimize building and EV battery storage. The company will use the funds to expand in the U.S., develop software capabilities and hire more staff. Peak Power already has customers in Ontario, the northeastern U.S. and the states of California and Virginia. CEO and co-founder Derek Lim Soo said U.S. government policies such as the Inflation Reduction Act have reduced costs for customers and created “tailwinds” for the energy storage market.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Companies want the AI productivity boost, but not the big bills
Briefing
Businesses scramble to respond to wildfires as evacuations continue
CAAT updates the pension’s rules on pay transparency and workplace relationships
U of T gets government funding for wet-lab space at MaRS
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
