Plus Power has assembled an accomplished team of project developers with broad experience in traditional and renewable power as well as battery energy storage development. We maintain a full suite of in-house capabilities including real estate, siting, permitting, entitlements, and stakeholder engagement.
Our markets team uses data science to heatmap nodal value in de-regulated markets to support our market, node, and site selection, and to help us maintain an internal view of project revenue risks and opportunities.
Our power systems engineers surgically site our facilities at locations that will solve grid issues or create the greatest value in any given market.
Our commercial team has deep power market knowledge across North America, with the expertise and experience to execute on a comprehensive suite of opportunities with utilities, ISOs, and commodities traders in 25+ states and Canadian provinces resulting in a uniquely diversified portfolio.
Our finance team has extensive experience in project finance and capital markets, having raised tens of billions of dollars of capital to construct and operate traditional and renewable power projects, as well as large-scale batteries. We have raised over $3 billion to support Plus Power’s projects and business and have completed some of the largest and most complex financings for standalone energy storage projects including “Renewables Deal of the Year” award recognition from Project Finance International for the Kapolei Energy Storage financing in November 2021.
Our EPC team has extensive experience designing and constructing the world’s largest standalone energy storage projects for their time, including the first three 100 MW battery storage projects in ERCOT. We have a best-in-class reputation that positions Plus Power as the premier customer of global suppliers for global supply. Our team’s unique background includes positions at the world’s earliest and largest battery manufacturers, helping us predict and troubleshoot based on deep knowledge of product and system design. Safety and community relations are paramount to Plus Power; our team members are experts on product and system safety standards and codes, with a “beyond-code” approach built into the team DNA.
We are building a proprietary digital platform to optimize asset performance and dispatch projects into the deregulated markets.
Our experienced team of asset managers, risk managers, and traders optimize system performance with the goal of exceeding pro-forma revenue targets. The Asset Management team approaches operations with an owner’s mindset to ensure appropriate protocols are followed from early stage development and construction.
Our proprietary digital platform guides our market knowledge, including power marketing and risk management predictive capabilities.