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Townsend Smart Grid Solutions, LLC (TSGS) is a subsidiary ofTownsend Ventures, LLC (TV). TV was established in 2007 byDennis Townsend and David Townsend to invest primarily in emergingtechnologies that focus on the energy sector. Since its inception, TVhas invested in natural resources, commercial lighting controlcompanies, and multiple advanced battery technology companies,including XALT Energy (formerly Dow-Kokam), Energy PowerSystems, and Townsend Energy Solutions, LLC (TES).