Convergent Energy and Power Closes Programmatic Tax Equity Financing with East West Bank
East West Bancorp, Inc. (EWBC)
Last east west bancorp, inc. earnings: 4/23 08:00 am
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Source: Business Wire
Financing deal will support Convergent’s current energy storage portfolios in New York and Maryland, and its broader 2025 portfolio across North America NEW YORK--(BUSINESS WIRE)--Convergent Energy and Power (Convergent), a leading provider of energy storage solutions in North America, today announced that it has closed a programmatic tax equity financing deal with East West Bank. The funding will be used for Convergent’s New York and Maryland energy storage portfolios, which can provide more cost-effective, reliable, and sustainable electricity to over 8,000 customers. The deal, originated by Greenprint Capital, also supports Convergent’s broader 2025 portfolio across North America.“The need for energy storage has never been more pressing and this tax equity financing will allow Convergent to bring grid reliability to communities on the East Coast,” said Convergent’s CFO and Co-Founder, Frank Genova. “We’re thrilled to partner with East West Bank, which recognizes the value of Con
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News
- Convergent Energy and Power Closes Programmatic Tax Equity Financing with East West Bank [Yahoo! Finance]Yahoo! Finance
- Decoding East West Bancorp Inc (EWBC): A Strategic SWOT Insight [Yahoo! Finance]Yahoo! Finance
- East West Bancorp, Inc. (NASDAQ: EWBC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- East West Bancorp, Inc. (NASDAQ: EWBC) had its price target raised by analysts at Compass Point from $93.00 to $110.00. They now have a "buy" rating on the stock.MarketBeat
- Company News for Oct 24, 2024 [Yahoo! Finance]Yahoo! Finance
EWBC
Earnings
- 10/22/24 - Beat
EWBC
Sec Filings
- 11/20/24 - Form 8-K
- 11/13/24 - Form SC
- 11/12/24 - Form 4
- EWBC's page on the SEC website