Scale Microgrid Solutions
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Press Releases
Scale Microgrid Solutions Announces Equity Commitment of up to $300 Million from Warburg Pincus
Ridgewood, NJ – January 27, 2020 – Scale Microgrid Solutions (“SMS”), a leading distributed clean energy and microgrid platform, todayannounced that it has secured an equity commitment of up to $300 million from Warburg Pincus, a global private equity firm focused on growth investing. Founded in 2016, SMS is a vertically integrated distributed energy company […]
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Distributed Energy
California Wildfires Will Only Get Worse—Clean Energy Microgrids Can Help
Six of the 10 most-destructive wildfires in California’s history have occurred over the past two years, and the state’s aging electrical infrastructure is a big part of the problem. According to a report from Gov. Newsom’s Strike Force, equipment owned by California’s three largest investor-owned utilities has ignited more than 2,000 fires (about 1.5 fires […]
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