Silent Power Strategic Financing
January 2011 –England & Company served as the exclusive financial advisor to Silent Power, Inc. (“Silent Power”) in the sale of the company’s Series A preferred stock. A preferred stock. This financing round will support the commercial deployment of Silent Power’s OnDemand energy storage systems and expand its distribution into new markets. Silent Power specializes in providing turn-key storage solutions for the challenges presented by integrating renewable energy and electric vehicle charging systems into utilities’ distribution systems and on customer premises.
Based in Baxter, Minn., Silent Power, Inc. manufactures and markets easy-to-install, highly reliable distributed energy storage systems for the renewable and backup power markets. The company has developed dispatchable storage solutions for grid-tied solar and electric vehicle charging applications, and its solutions are easily adaptable to any battery chemistry and utility advanced metering infrastructure or distribution automation communications platform. The company has previously announced a smart grid pilot project with the Sacramento Municipal Utility District.