An acquisition means integration work is about to be scoped. Fundz scores the company against what you sell, and says why it matched.See it live →
Eos Energy Enterprises has secured an $87 million advance under a loan agreement with the U.S. Department of Energy to fund its second production line at Thorn Hill. This financing will support scaling of its manufacturing operations.
Sep 15, 2026•1 day ago
EdisonEnergyRenewable EnergyEnergy ManagementEnergy StorageEnergy EfficiencyBiomass Energy
Description
Eos Energy Enterprises announced it has received an $87 million advance under its loan agreement with the U.S. Department of Energy’s Office of Energy Dominance Financing. This advance reimburses 80% of eligible costs for its Thorn Hill manufacturing facility. Eos aims to enhance its manufacturing capabilities and increase productivity with this funding
Company Information
Company
Eos Energy Enterprises
Location
3920 PARK AVENUE
Edison, New Jersey, United States
About
Eos Energy Enterprises, Inc. is accelerating the shift to clean energy with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. Safe, scalable, efficient, sustainable—and manufactured in the U.S—it's the core of our innovative systems that today provide utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3- to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey.
EdisonEnergyRenewable EnergyEnergy ManagementEnergy StorageEnergy EfficiencyBiomass Energy