Frontier Power USA — new long-duration energy storage (LDES) development/investment platform deploying Eos zinc-bromide Z3 batteries; $100M Cerberus anchor equity + ~$150M Eos equity rights offering + up to $1.5B Ariel Green 15-year performance insurance; 2 GWh firm capacity reservation

Eos Energy Enterprises and Cerberus Capital Management launched Frontier Power USA, an independent LDES development/investment company pairing Eos's American-made zinc-bromide batteries, $100M Cerberus anchor equity, a ~$150M Eos rights offering and up to $1.5B of Ariel Green performance insurance — with a 2 GWh firm capacity reservation. Targets C&I, AI data centers and utility-scale projects.

Deal Details

Deal Type

Strategic & Growth Capital

Seller / Sponsor

Frontier Power USA

Buyer / Financier

Cerberus Capital Management ($100M anchor equity); Eos Energy Enterprises (~$150M rights offering); Ariel Green (up to $1.5B technology performance insurance)

Deal Value

$100M Cerberus anchor + ~$150M Eos equity

Stage

Growth

ISO/RTO

PJM

Source

GlobeNewswire / Eos Energy Enterprises