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Powin Acquires Eks To Deliver Fully Integrated Grid-Scale Energy Storage Systems

PRIVATESep 20, 2022

Acquiring Company

Powin

Acquired Company

EKS Energy

ManufacturingRenewable EnergyManufacturingEnergyRenewable EnergySolarEnergy ManagementEnergy StorageEnergy EfficiencyPower Grid

Description

Global energy storage platform provider Powin LLC (Powin) today announced the acquisition of EKS Energy (EKS), a leading provider of advanced power electronics and energy management solutions for energy storage and renewables. This transaction ensures new and existing Powin customers will receive enhanced product and technology offerings, enabling Powin to deliver a fully integrated grid-scale energy storage experience with supply chain security.

Quick answer

Powin is acquiring EKS Energy, announced September 20, 2022.

How much did Powin pay for EKS Energy?
The deal value was not disclosed.
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,..
Who are the decision-makers at Powin?
Fundz holds 1 contact at Powin. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Powin

About

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. Since 2010, Powin has deployed or has under construction over 17,000 MWh of energy storage systems. By building and rigorously managing a robust, reliable supply chain, Powin delivers the highest-value, cost-competitive storage solutions for utility, commercial and industrial, and microgrid applications.

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Frequently asked

Who acquired EKS Energy?

EKS Energy was acquired by Powin. The deal was reported on September 20, 2022. Powin is privately held and operates in Manufacturing.

When did Powin acquire EKS Energy?

Powin's acquisition of EKS Energy was reported on September 20, 2022. Global energy storage platform provider Powin LLC (Powin) today announced the acquisition of EKS Energy (EKS), a leading provider of advanced power electronics and energy management solutions for energy storage and renewables. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does EKS Energy do?

EKS is a designer, manufacturer and system integrator of advanced power electronics and energy management solutions for distributed energy generation/storage and grid management to address energy market challenges. It is privately held, operating in Manufacturing.

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

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