Excelsior Energy Capital Finalizes Multiyear 7.5 GWh Agreement with LG Energy Solution Vertech to Supply BESS for US Business [Yahoo! Finance]
Fluence Energy, Inc. (FLNC)
Company Research
Source: Yahoo! Finance
EXCELSIOR, Minn., December 19, 2024 BUSINESS WIRE Excelsior Energy Capital ("Excelsior" or "the firm"), a leading renewable energy infrastructure investor, today announced a multiyear, 7.5 GWh reservation agreement with LG Energy Solution Vertech , a global leader in energy storage system integration. Through the multiyear agreement, LG Energy Solution Vertech will provide Excelsior with a reliable supply of domestically manufactured, high-quality battery energy storage systems (BESS) to support its growing portfolio of standalone and hybrid energy storage projects across the United States. Under the partnership, which begins in 2026, the battery systems will be manufactured at LG Energy Solution's advanced production facilities in the U.S., providing a more certain and secure supply chain for Excelsior's projects. These products will be complemented by LG Energy Solution Vertech's integration and lifecycle services. This shared commitment provides Excelsior with enhanced protect
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