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0 -0.00130390239359226 -0.00139703827884889 -0.000558815311539557 -9.3135885256637E-05 0.00102449473782248 -0.00242153301667137 -0.00502933780385588
Stock impact report

Convergent Energy and Power Closes Programmatic Tax Equity Financing with East West Bank [Yahoo! Finance]

East West Bancorp, Inc. (EWBC) 
Last east west bancorp, inc. earnings: 4/23 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: eastwestbank.com
Company Research Source: Yahoo! Finance
NEW YORK, November 21, 2024 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 Convergent's assets and a broader programmatic partnership. We look forward to working together to build a more resilient and sustainable Show less Read more
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