Eos Energy Partners With Cerberus To Capitalize Frontier Power USA, An Investment Company Formed To Build, Own And Operate Long-Duration Battery Energy Storage Projects
2 GWh Firm Capacity Reservation Agreement: Eos entered into a 2 GWh Capacity Reservation Agreement securing dedicated manufacturing capacity for Frontier Power USA
~$1.5 Billion Lender-Grade Technology Performance Insurance: A 15-year non-cancellable technology performance insurance policy framework secured with Ariel Green to accelerate multi-year project bankability
Cerberus $100 Million Commitment: Cerberus is anchoring Frontier Power USA with a $100 million equity commitment to accelerate project deployments and is extending its existing Eos lockup through year-end 2026
Eos Investment: Eos is expected to fund its equity contribution through a pro rata rights offering targeting approximately $150 million, allowing existing shareholders to maintain proportional economic interest in Eos' participation in Frontier USA
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