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Frontier Power USA closes $263 million capital raise led by Cerberus, Eos, and Hudson Bay to advance the Blanquilla BESS project.

PRIVATEAug 05, 20264 days ago

Amount Raised

$263 Million

Round Type

Venture - Series Unknown

The WoodlandsEnergyRenewable Energy

Investors

Hudson Bay Capital ManagementEos Energy EnterprisesCerberus Capital Management

Description

Frontier Power USA has successfully raised approximately $263 million in equity capital to support its battery storage projects. The financing has surpassed the company's initial target, facilitating the transformation of late-stage projects into construction-ready assets. Key investors include Cerberus Capital Management, Eos Energy Enterprises, and Hudson Bay Capital Management. The capital will allow Frontier Power to advance the Blanquilla BESS project.

Company Information

Company

Frontier Power USA

Location

The Woodlands, Texas, United States

About

Frontier Power USA is a long-duration energy storage development and investment platform focused on accelerating the deployment of utility-scale battery infrastructure across the United States. The platform integrates development, committed manufacturing capacity, institutional capital, project financing and insured performance within a single platform.

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