Powin, a Portland, OR-based provider of energy storage solutions, raised $135M in Growth Equity funding.
The round was led by GIC, Singapore’s Sovereign Wealth Fund (GIC), with participation from Trilantic Energy Partners North America (Trilantic North America) and Energy Impact Partners (EIP).
The company intends to use the funds to scale its global manufacturing, further develop its suite of products, and support its relationship with international suppliers.
Led by CEO Geoff Brown, Powin is a global leader in the design and manufacture of safe and scalable energy storage hardware and software solutions. The company has delivered over 2,500 MWh of BESS in 12 states and eight countries and has a contracted pipeline to supply over 10,000 MWh of energy storage systems globally over the next two years.
FinSMEs
15/07/2022