Powin aims to scale energy storage business with Trilantic, EIP investment bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Energy storage startup Powin Energy has raised more than $100 million in equity investment to compete with better-funded rivals in the large-scale grid battery market.
Powin buys battery cells and hooks them up with proprietary software controls and ancillary equipment to produce full-fledged power plants. It competes in the upper echelons of the energy storage integration market with the likes of Tesla, Fluence and Wärtsilä.
But those competitors are storage businesses nestled within billion-dollar, publicly traded enterprises. Powin is a bootstrapped company based amid the evergreens of Tualatin, Oregon that managed to build some 600 megawatt-hours of storage on its own.
HOUSTON, Texas, Dec 18, 2020 (SEND2PRESS NEWSWIRE) Arroyo Energy Investors, the Houston-based, independent infrastructure investment firm with a footprint in North and Latin America, today announced it closed three large refinancings totaling $821 million during the COVID-19 pandemic. The transactions were executed with several of Arroyo’s strategic lending partners and are illustrative of Arroyo’s experience with such transactions refined over the team’s 25+ years’ experience in the power industry.
The three refinancings, which closed between March and November of this year, were preceded by the execution of value creation initiatives at each of the following portfolio companies: Broad River, an 878 MW dual-fuel peaking plant in South Carolina
Infrastructure investor works across borders to close three significant financings in the United States, Mexico and Chile despite complex market conditions
(HOUSTON, Texas) NEWS: Arroyo Energy Investors, the Houston-based, independent infrastructure investment firm with a footprint in North and Latin America, today announced it closed three large refinancings totaling $821 million during the COVID-19 pandemic. The transactions were executed with several of Arroyo’s strategic lending partners and are illustrative of Arroyo’s experience with such transactions refined over the team’s 25+ years’ experience in the power industry.
The three refinancings, which closed between March and November of this year, were preceded by the execution of value creation initiatives at each of the following portfolio companies:
Arroyo Closes $821 Million in Global Refinancings During Pandemic americanpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanpress.com Daily Mail and Mail on Sunday newspapers.