About Convergen Energy
Convergen Energy was founded in 2009 to provide solutions for municipal power plants, industrial facilities, and other energy-intensive user institutions, as they strive to avoid sending by-products to landfill, find alternatives to fossil fuel, utilize alternative energy sources, and meet ever-increasing environmental and regulatory requirements. Today, Convergen continues to provide these solutions, while also operating its own clean and renewable power facilities.
We offer cost-effective fuel options that can either be used in industrial power plants as a substitute for traditional fossil fuels 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, a privately-owned international business group that controls 30 subsidiaries active in 35 countries across six continents, and focused on aviation, energy, finance and diversified, hospitality, real estate, and shipping.
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.