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Stock impact report

Eos Energy and Pine Gate Renewables Sign Agreement to Expand Existing Relationship [Yahoo! Finance]

Eos Energy Enterprises, Inc. (EOSE) 
Company Research Source: Yahoo! Finance
TURTLE CREEK, Pa., April 01, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced an expansion and extension of its existing agreement with Pine Gate Renewables. The new Master Supply Agreement (MSA) is for 500 MWh of energy storage systems to be delivered over the next five years. This agreement builds upon the companies' existing partnership and experience in deploying energy storage systems in the field. “Pine Gate is one of Eos' first customers and working with them to deploy energy storage systems has made us a better company as we scale our capabilities,” said Marshall Chapin, Chief Customer Officer of Eos. “Gaining the confidence of repeat customers is key to our success, and this expanded partnership with Pine Gate affirms that.” Eos launched its next generation Eos Z3™ technology last year, a simpler, Show less Read more
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