Encorp, Inc.

Encorp, Inc. is a specialized provider of microgrid control solutions, designed to optimize energy management for various sectors, including healthcare, military, and utilities, enhancing sustainability and operational efficiency. Founded by Martin Kuvandzhiev, Encorp, Inc. operates from Fort Collins, US, providing advanced energy management technologies.

The company has previously engaged in four strategic deals to expand its operational footprint and client base. The current CEO is Enrique Garcia, alongside co-founders Martin Kuvandzhiev and Michael Clark. Encorp specializes in advanced microgrid control solutions, primarily through its flagship product, the Egility Control Platform. This platform enables the integration and management of distributed energy resources (DERs), facilitating energy independence for a diverse range of clients, including hospitals, military bases, data centers, correctional facilities, and utilities.

Encorp's systems enhance energy resiliency, sustainability, security, and cost-effectiveness, addressing critical energy challenges faced by communities and businesses globally. The company's solutions have been deployed across multiple geographical markets, including the Bahamas, Scotland, and various locations in the United States, ensuring reliable energy access while promoting carbon reduction efforts. Encorp’s client base encompasses over 300 entities, reflecting its extensive reach and commitment to empowering organizations with innovative energy management technologies. Encorp generates revenue primarily through direct sales and partnerships, focusing on the deployment of its microgrid control solutions to commercial and governmental clients.

Transactions typically involve the sale of the Egility Control Platform and associated services, structured as long-term contracts that may include installation, technical support, and maintenance. Clients engage with Encorp through a business-to-business (B2B) model, with contractual agreements tailored to the specific energy needs of each client. Revenue is derived from the upfront cost of the control systems as well as ongoing service agreements that ensure continued operational efficiency and support. Encorp, Inc.

is currently focusing on developing new enhancements to the Egility Control Platform, with plans for a significant update expected to launch by Q3 2024. The company aims to expand its presence in the European and Asian markets by mid-2025, targeting specific regions with increasing demand for sustainable energy solutions. Recent funding will be utilized to support these market expansion initiatives and product development, enhancing the company's capacity to meet the evolving needs of its clients.