DURHAM, N.C., December 31, 2020 – Josh Prueher and Doug Moorehead have resigned their positions with FlexGen as part of a planned, year-long transition to commit 100% of their time to Broad Reach Power.

 FlexGen will continue on its strong growth trajectory delivering best-in-class energy storage solutions under the able leadership of Alan Grosse and Pasi Taimela.

 FlexGen is the #1 energy storage technology company in the world, combining superior software, deep engineering expertise, and the most talented and effective team in the industry with an innovative services model to help customers disaggregate and optimize the storage supply chain, resulting in lower cost, lower risk, better-performing projects.

 FlexGen is uniquely positioned to capitalize on the dramatic increase in energy storage investment globally and the Board of Directors is confident in its continued success.

About FlexGen

FlexGen is a leading energy storage technology company. Leveraging its best-in-class energy management software and power electronics, FlexGen delivers utility-scale storage projects integrated with traditional and renewable power generation globally. Our customers and partners include the most technically and commercially demanding developers, utilities, government agencies, and industrial companies in the world. For more information, visit www.site.flexgen.com.