Viridity Energy Raises $8.5 Million in Growth Round

The company leverages highly efficient distribution capabilities through an extensive channel partner network that includes such industry leaders as Engie (formerly GDF Suez Energy Services) and ConEdison Solutions, as well as through direct sales to high-demand electricity users. The company is also working on construction of an 8.75 MW regenerative braking project with the Southeast Pennsylvania Transit Authority (SEPTA), Constellation, ABB and Saft. "AltEnergys commitment to Viridity Energy with this latest investment allows us to continue the rapid growth weve experienced over the last three years, with capital to expand our resources in software technology and services for demand response and battery storage customers," said Mack Treece, CEO of Viridity Energy. "This investment will help fuel the continued rapid growth of the company, and further extend its leadership position in energy storage and advanced demand response." For more information, please visit www.viridityenergy.com AltEnergy is an investment firm that focuses on identifying and developing early-stage opportunities in the power and energy sectors.