MANHATTAN, N.Y., April 18, 2024 (GLOBE NEWSWIRE) -- Relevate Power, previously known as Elevate Power, unveiled its strategic rebranding today alongside its announcement of an equity raise to augment its project acquisition war chest and enhance its cutting-edge 24/7 renewable energy asset management and brokerage platform. Relevate Power's approach is unique in the renewable energy industry. "We're a large-scale redeveloper of hydro assets – most of which have tremendous untapped potential," says Matthew Wenger, CEO of Relevate. "We acquire portfolios of these important historic facilities and supercharge them – dramatically increasing their generation and lowering their operating costs. Over the years, we have developed sophisticated analysis, automation, and upgrade methods that allow us to completely transform the returns on this important renewable energy resource. We don't have to wait for new interconnects; we generate cash flow, and local impact, on day one. ...