EOSE - Why Is Clean Energy Solutions Provider Eos' Stock Surging Today? | Benzinga
Shares of Eos Energy Enterprises, Inc. (NASDAQ:EOSE), a provider of zinc-based long duration energy storage systems, are trading higher after the company announced a strategic investment of up to $315.5 million from an affiliate of Cerberus Capital Management LP.
The investment aims to support Eos’ growth plans amidst rising global energy demands and a shift towards energy independence and security.
Eos plans to leverage this investment to address the expected doubling of the long-duration energy storage market by 2030.
The company aims to ...