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Investment will provide significant capital in support of Powin's continued growth and international expansion GIC joins existing investors, Trilantic North America and Energy Impact Partners Investment extends Powin's leadership position in grid-scale energy storage Investment comes on the heels of the recent strategic equity funding from Samsung Venture Investment Corporation (Samsung Ventures). PORTLAND, Ore., July 15, 2022 /PRNewswire/ Today Powin LLC (Powin), a global leader in energy storage solutions, announced a $135 million growth equity investment led byGIC, Singapore's Sovereign Wealth Fund (GIC), with participation from existing lead investors Trilantic Energy Partners North America (Trilantic North America)andEnergy Impact Partners (EIP). The partnership and investment epitomize Powin's mission to lead the sustainable transformation and decentralization of the world's outdated electrical grids. "We are grateful for this investment from GIC, Trilan
Powin, an energy storage technology developer, said today it has raised $135 million in funding led by Singapore’s sovereign wealth fund GIC, with participation from existing investors Trilantic Energy Partners North America and Energy Impact Partners (EIP). The investment comes on the back of the recent funding from Samsung Venture Investment and a strategic partnership […]