FlexGen Company Market Research Report

Company Overview

• Name: FlexGen Power Systems, LLC

• Mission: To equip businesses, municipalities, and communities with advanced tools and strategies to harness, store, and distribute energy in the most efficient manner possible.

• Founded By: No information is available.

• Key People:

• Kelcy Pegler, Chief Executive Officer

• Diane Giacomozzi, Chief Operating Officer

• Pasi Taimela, Chief Innovation Officer

• Hugh Scott, Chief Technology Officer

• Gary Cristini, Chief Financial Officer

• Aruna Chandra, Executive Vice President & General Counsel

• Jason Abiecunas, Executive Vice President of Business Development

• Tony Olivo, Senior Vice President of Software Engineering

• Ben Yang, Senior Vice President of Supply Chain Solutions

• Tara Jo Sealander, Senior Vice President of Business Operations

• Headquarters: Durham, North Carolina, USA

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Designing and integrating battery energy storage solutions and energy management software, HybridOS™, that supports the energy transition.

Products

HybridOS™ Energy Management Platform

• Description: A best-in-class energy management system (EMS) providing high-performance management of energy storage sites and fleets of assets.

• Key Features:

• Hardware-agnostic and allows multi-site energy management.

• Real-time data flows for informed decision-making.

• Modular and scalable software enabling various customized features.

• Fleet scheduling and asset optimization with predictive insights.

HybridOS™ Analyze

• Description: Advanced energy management analytics platform.

• Key Features:

• Real-time actionable analytics and remote monitoring.

• Performance validation with a Digital Twin for alternative scenario evaluation.

• Proactive usage recommendations and continual performance improvement through machine learning.

US-Based Battery Management System (BMS)

• Description: A domestically engineered battery management system providing advanced security and supply chain resilience.

• Key Features:

• Enhanced cybersecurity measures with control over the software stack.

• Optimized for large-scale block-level and site-level controls.

• Protection against geopolitical risks delaying energy projects.

Recent Developments

• New Products and Features:

• FlexGen launched HybridOS V12, which brings over a dozen new features.

• Launched a new US-based Battery Management System addressing critical industry challenges.

• Partnerships:

• Partnered with Eos Energy to develop a fully integrated American-made stationary storage solution.

• Collaborated with J.P. Morgan and other banks to secure a $75 million revolving credit facility.

• Financial Growth:

• Obtained a $75 million revolving credit facility to fuel growth and strengthen technology offerings.

Expertise and Market Position

• Projects Completed: Over 100 energy storage projects across 10 US markets, managing over 8 GWh of capacity.

• Uptime Performance: Achieved 99.95% uptime during the 2021 Texas freeze.

• Technology and Services:

• Provides modular EMS software that maximizes energy storage performance and efficiency.

• Known for superior trading performance and critical services during high demand events.

• Customer Segments Served:

• Independent Power Producers

• Developers

• EPCs

• Municipalities and Co-ops

• Utilities

• Critical Infrastructure

This structured analysis demonstrates FlexGen’s robust capabilities and strategic positioning in the energy storage and management landscape. FlexGen’s advanced technology and strategic partnerships underscore its role as a leader in supporting sustainable and reliable power infrastructures.