Eos Energy raises $263M for energy storage joint venture
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Completed Rights Offering, Together With Hudson Bay Capital Management and Cerberus Capital Management Investments, Delivers Equity Raised Above the $250 Million Target
July 23, 2026 8:42 AM EDTApproximately $263 million of gross equity raised in support of FPUSA
Expected investment, together with approximately 75% loan-to-value project debt, is expected to support more than $1 billion of deployable project capital
FPUSA has approximately 16 GWh of pipeline opportunities with approximately 1.8 GWh under construction or expected to shortly reach notice to proceed
PITTSBURGH, Pa., July 23, 2026 (GLOBE NEWSWIRE) -- Eos... More
