Relevate Power Receives $4.9 Million from Department of Energy to Modernize Hydroelectric ProjectsThe funding falls under the Energy Policy Act and will boost energy efficiency, grid resilience, and environmental sustainability at hydroelectric facilities
Relevate Power Secures $15 Million Initial Investment from Greenbacker Capital Management and an affiliate of Aegon Asset ManagementThe first close of the growth equity raise will enable Relevate Power to expand its footprint and start construction on its operations center
Relevate Power, Leading Hydropower Redeveloper, Announces Two Strategic HiresMANHATTAN, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- Relevate Power, a leader in redeveloping hydropower assets, is pleased to announce the addition of two key executives to its leadership team. Tony Zarrella joins as Vice President of Engineering & Operations, and Ian Finlay joins as Chief Financial Officer. These strategic appointments mark a significant milestone for Relevate Power, bolstering its executive strength and reinforcing its commitment to delivering 24/7 clean, reliable, baseload energy solutions.
Relevate Power Announces Rebranding and Launches Equity Raise to Accelerate M&A GrowthMANHATTAN, N.Y., April 18, 2024 (GLOBE NEWSWIRE) -- Relevate Power, previously known as Elevate Power, unveiled its strategic rebranding today alongside its announcement of an equity raise to augment its project acquisition war chest and enhance its cutting-edge 24/7 renewable energy asset management and brokerage platform.
