Portland metro energy storage company lands $135M investment

Powin has landed its biggest investment yet as it competes for a leading spot in the global battery energy storage race — $135 million from a group that includes Singapore’s sovereign wealth fund, GIC.

Trilantic North America and Energy Impact Partners, who poured $100 million into the Portland metro company in February 2021, taking a controlling interest, also participated in the equity round.

Just last month, Powin announced an unspecified investment from the venture arm of Samsung C&T.



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