Swell Energy’s new deal in New York shows how the company plans to spend the $450 million it’s raising
TechCrunch LA
MARCH 17, 2021
Back in December, Swell Energy said it would be raising $450 million to support the development of distributed power projects in three states. Now, with the announcement of a deal between the venture-backed startup and New York City’s utility, ConEd, industry watchers can get a glimpse of what those projects may look like. The Los Angeles-based company has a new residential solar plus energy storage program for homeowners in Queens that’s going to be rolled out in partnership with Co
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