2022-08-11
http://w3.windfair.net/wind-energy/news/39473-peak-wind-battery-virtual-power-plant-stake-hybrid-greentech-p2x-developer-future-integration-minority-equity-wind-farm

PEAK Wind acquires a minority stake in Hybrid Greentech

Image: PEAK WindImage: PEAK Wind
As the energy sector develops, PEAK Wind continues to evolve its business to prepare for a new energy future which is dominated by renewables and a far more flexible power system.

Official Press Release PEAK Wind:

PEAK Wind acquires a minority stake in battery and virtual power plant company, Hybrid Greentech

PEAK Wind continues to develop its business in preparation for an energy future with stronger integration between generation and P2X assets by acquiring a minority stake in Hybrid Greentech – specialized in energy storage management and virtual power plant technology.

As the energy sector develops, PEAK Wind continues to evolve its business to prepare for a new energy future which is dominated by renewables and a far more flexible power system. Therefore, PEAK Wind has made a strategic equity investment in the battery start-up company Hybrid Greentech, with whom a partnership was formed in the beginning of 2021. PEAK Wind acquires a minority equity stake with an option to increase to 27.5%, subject to the fulfillment of certain objectives. “With this... ... More: Official Press Release PEAK Wind

Keywords:
PEAK Wind, battery, virtual power plant, stake, Hybrid Greentech, P2X, developer, future, integration, minority equity, wind farm







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