Eos Energy Enterprises (Debt Financing)
Funding Details
Awarder
Inbox
Date Award
June 24, 2024
Vertical
Batteries
Funding Amount
$315,000,000
Company Info
Founding Year
2008
Traction
Eos has a $13.3 billion pipeline and $602.7 million orders backlog as of March 31, 2024. The company has been active primarily in the US but is expanding its presence globally.
Organizations Involved
Cerberus Capital Management, Department of Energy
Market
Energy Storage
Location
New York, New York, US
Coinvestors
Cerberus Capital Management
Company Description

Eos Energy Enterprises is a US zinc hybrid cathode battery storage manufacturer. The company sells its proprietary zinc-based battery to system integrators for projects requiring up to 12 hours of discharge duration. Eos aims to scale operations and achieve profitability by reducing costs and automating production.

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