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Focus on long-duration battery energy storage projects.
Eos Energy Enterprises, Inc. (Nasdaq: EOSE) and Cerberus have partnered to capitalize Frontier Power USA, an investment company dedicated to building, owning, and operating long-duration battery energy storage projects. The collaboration aims to leverage Eos Energy's technology and Cerberus's financial expertise to expand the deployment of energy storage solutions.
The partnership will focus on developing and managing a portfolio of battery energy storage projects across the United States. This initiative is expected to enhance the reliability and efficiency of the grid by providing long-duration energy storage capabilities.
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