Mergers & Acquisitions ·
Eos Energy Enterprises, Inc. entered into a binding amended and restated term sheet to form a joint venture with CCM…
EOSEEos Energy Enterprises, Inc.
Eos Energy Enterprises, Inc. entered into a binding amended and restated term sheet to form a joint venture with CCM Frontier JV Holdco, LLC and HBC MSF Capital Solutions Blocker II LLC. The transaction involves a $100 million contribution from CCM Frontier and a $50 million contribution from HBC, alongside a $150 million rights offering to fund the company's contribution to the JV. Eos Energy Enterprises, Inc. operates in the energy storage industry, providing long-duration energy storage solutions.