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Battery Energy Storage Developer Gridstor Acquires Portfolio Of La Basin Projects From Upstream Energy

PRIVATEOct 28, 2022

Acquiring Company

GridStor

PortlandManufacturingEnergyRenewable EnergyEnergy StorageEnvironmental Services

Description

Today GridStor, a developer and operator of grid-scale battery energy storage systems, announced the acquisition of a portfolio of storage projects currently in development in the greater Los Angeles area from Upstream Energy of San Diego. The portfolio consists of multiple projects representing over 500 MW / 2,000 MWh of capacity, or enough to power 375,000 California homes, with proposed on-line dates between 2024 to 2026.

Company Information

Company

GridStor

Location

7 SE Stark St

Portland, Oregon, United States

About

GridStor strengthens America’s power system reliability by building and operating battery projects, storing electricity to deliver when and where it’s most needed. GridStor develops, acquires, builds and operates utility-scale, standalone battery storage projects primarily across North America.

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

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This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.