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Powin Raises $153M Funding From Singapore’s Gic, Trilantic North America And Energy Impact Partners

Jul 14, 2022over 3 years ago

Amount Raised

$153 Million

TualatinManufacturingRenewable Energy

Description

Powin, an energy storage technology developer, said today it has raised $135 million in funding led by Singapore’s sovereign wealth fund GIC, with participation from existing investors Trilantic Energy Partners North America and Energy Impact Partners (EIP).

Company Information

Company

Powin

Location

Tualatin, Oregon, United States

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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