Eos Energy Enterprises, the NASDAQ-listed US manufacturer of zinc-based battery storage technology, has secured an equipment financing deal that will aid its efforts to increase manufacturing capacity.
The agreement, worth US$25 million, has been made with Trinity Capital, which specialises in debt and equipment financing for growth stage companies. Eos makes energy storage systems using its aqueous zinc hybrid cathode battery technology, plating and replating zinc as the batteries charge and discharge.
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