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Eos Energy Achieves Second Set of Performance Milestones Related to Cerberus Strategic Investment
EOSEEos Energy Enterprises(EOSE) GlobeNewswire News Room·2024-11-01 04:01

TURTLE CREEK, Pa., Oct. 31, 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 the successful achievement of all four of the second performance milestones previously agreed upon between Eos and an affiliate of Cerberus Capital Management LP (“Cerberus”) as part of Cerberus’s strategic investment in the Company. Achieving these performan ...