PEAK Wind acquires a minority stake in 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