A bi-directional AC/DC converter is provided including a DC-power connection configured to be coupled to a DC-power source, an AC-power connection configured to be coupled to at least one of an AC-power source or a load, a multiplexer having a plurality of multiplexer switches, at least one interleaved bridge circuit having a plurality of bridge switches coupled to the multiplexer, and a positive DC node and a negative DC node coupled to the plurality of multiplexer switches, wherein the plurality of bridge switches includes at least two bridge switches coupled between the AC-power connection and at least one of the positive DC node or the negative DC node.