Aspen Aerogels Bulloch GA — PyroThin Battery Thermal
PyroThin EV battery thermal barriers (fire suppression). 500K sq ft; 250 jobs. Customers include GM. Project later cancelled (2024) but 2022 commitment was firm.
$325M
Deal Value
Battery Storage
Technology
GA
Location
Deal Details
- Deal Type
- Manufacturing Investment
- Seller / Sponsor
- Aspen Aerogels
- Buyer / Financier
- Aspen Aerogels
- Deal Value
- $325M
- Stage
- Construction
- ISO/RTO
- Multiple
- Source
- Georgia.gov
Related Deals
Georgia Power Wadley Battery Energy Storage System — 260 MW / 1,000 MWh, Jefferson County, Georgia
Georgia Power (Southern Company)
Hyundai + SK On Bartow GA EV Battery
Hyundai Motor Group + SK On (50/50 JV) → Hyundai Motor Group + SK On (50/50 JV)
$4-5B
FREYR Battery Coweta GA
FREYR Battery → FREYR Battery
$2.57B (initial $1.7B)
Hyundai Motor Group Metaplant America (HMGMA) — first fully dedicated EV+battery US manufacturing facility, Bryan County GA
Hyundai Motor Group → Hyundai + suppliers (~$1B additional)
$5.54B (+ ~$1B from suppliers)
Solar Landscape distributed/community solar warehouse facility — anchors 146 MW community solar portfolio across New Jersey, Illinois, Maryland, and Minnesota
Solar Landscape → First Citizens Bank
$600M
Moment Energy Series B — capitalizes North American second-life EV battery storage factory (the company has stated it will be the world's largest second-life battery factory)
Moment Energy → Evok Innovations (lead); Liberty Mutual Investments; W23 Global; Acario (Tokyo Gas CVC); existing investors: Amazon Climate Pledge Fund, Voyager Ventures, In-Q-Tel
$40M
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.