About Convergen Energy
Convergen Energy was started in 2009 to provide solutions for municipal power plants, industrial facilities, and other energy-intensive user institutions as they strive to avoid landfilling materials, find fossil fuel alternatives, utilize alternative energy sources, and meet ever-increasing environmental regulatory requirements.
We offer cost-effective fuel options that can either be used as a substitute for traditional fossil fuels in industrial power plants, or in combination with these fuels, to meet economic and environmental objectives. We can likewise facilitate bridge technology for developing agricultural energy crops and utilizing agricultural residues that are often difficult to pelletize. Because we are active in the development and promotion of sustainable power sources and growth of the renewable energy sector, we actively invest in leased, owned, or contracted power and steam generation facilities to complement our existing facilities.
Convergen Energy is part of the Libra Group, an international business group comprising 30 subsidiaries across six continents and focused on shipping, aviation, real estate, hospitality, renewable energy, and selected diversified investments.
The Libra Group, Convergen Energy's parent company, is a privately-owned international business group that controls 30 subsidiaries active across six continents. It is primarily focused on five core sectors: shipping, aviation, real estate, hospitality and energy. Outside those areas there are selected 'diversified investments'.
The opportunities presented by renewable energy and cleaner forms of conventional power are part of the Libra Group's core focus. In Europe, it has built a network of grid-connected solar energy parks, wind farms and biogas production facilities. Meanwhile in North, Central and South America, its subsidiaries are involved in solar power investment and development, waste-to-energy and a range of other clean power generation systems.
The Libra Group is wholly-owned by the Logothetis family.