K Road DG forms joint venture and provides $56 million funding for Green Charge Networks
Client(s) K Road DG LLC
Jones Day advised K Road DG LLC in connection with its $56 million capital infusion in, and joint venture with, Green Charge Networks, LLC, a leader in intelligent customer-sited energy storage. K Road DG is providing funding and strategic management assistance to Green Charge to accelerate deployment of the proprietary GreenStationTM under Green Charge’s Power Efficiency AgreementSM. The $56 million round is the largest amount of capital raised by any company in the intelligent energy storage space, thus securing Green Charge Networks’ leadership position in this evolving sector.