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FlexGen acquires Powin assets for energy storage

PRIVATEAug 19, 2025

Acquiring Company

FlexGen Power Systems

Acquired Company

Powin

DurhamEnergySustainabilityNatural ResourcesSoftwareData And AnalyticsManufacturingRenewable Energy

Description

FlexGen Power Systems, LLC has completed its acquisition of key assets and intellectual property from Powin. This acquisition expands FlexGen's operational support for over 25 GWh of battery energy storage systems globally. With former Powin team members joining FlexGen, customer service and technical expertise are prioritized. The acquisition enhances FlexGen's global leadership in grid-scale storage solutions.

Quick answer

FlexGen Power Systems is acquiring Powin, announced August 19, 2025. FlexGen Power Systems is based in Durham, North Carolina, United States.

How much did FlexGen Power Systems pay for Powin?
The deal value was not disclosed.
What does FlexGen Power Systems do?
FlexGen provides industry-leading software and services for deploying, managing and optimizing battery energy storage systems.
Where are FlexGen Power Systems and Powin based?
FlexGen Power Systems is based in Durham, North Carolina, United States.
Who are the decision-makers at FlexGen Power Systems?
Fundz holds 3 contacts at FlexGen Power Systems. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Energy and Sustainability

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Company Information

Company

FlexGen Power Systems

Location

Durham, North Carolina, United States

About

FlexGen provides industry-leading software and services for deploying, managing and optimizing battery energy storage systems. FlexGen leverages decades of software, engineering, and procurement expertise to solve today’s toughest energy challenges that enable the transition to a modern electric grid. FlexGen HybridOS® energy management software seamlessly integrates with any battery OEM and offers advanced analytics and AI-driven insights that allow energy storage owners to deploy diverse power market strategies and integrate various generation forms, enhancing grid stability and economic returns. Serving more than 25 GWh and over 200 energy storage systems enabled by FlexGen, we are trusted by the most technically and commercially demanding developers, utilities, government agencies, and industrial companies in the world.

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Fundz sees it the moment FlexGen Power Systems makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Powin?

Powin was acquired by FlexGen Power Systems, based in Durham. The deal was reported on August 19, 2025. FlexGen provides industry-leading software and services for deploying, managing and optimizing battery energy storage systems. FlexGen Power Systems is privately held and operates in Energy.

When did FlexGen Power Systems acquire Powin?

FlexGen Power Systems's acquisition of Powin was reported on August 19, 2025. FlexGen Power Systems, LLC has completed its acquisition of key assets and intellectual property from Powin. This acquisition expands FlexGen's operational support for over 25 GWh of battery energy storage systems globally. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Powin do?

Powin is an industry leader in energy storage, dedicated to mitigating the economic and environmental impacts of climate change by revolutionizing how energy is generated, transmitted, and distributed for utilities, IPPs, and consumers worldwide. It is privately held, operating in Manufacturing.

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