The grid-scale battery producer, which has received funding from NRG and OCI Solar in the past, has raised $23m through a private placement.
Eos Energy Storage, a US-based battery technology provider backed by energy company NRG Energy and solar power provider OCI Solar Power, has secured $23m in a private placement to unnamed investors.
Eos develops and produces grid-scale battery systems that can store energy at megawatt-level. Its main customers are energy utilities but the company’s technology can also be deployed by telecommunications, commercial and industrial, and residential customers.
The capital will be used by Eos to expand the manufacturing and supply of…
