Battery storage outfit esVolta seeks corporate equity

13 May 2020 - 12:00 am UTC

US utility-scale battery storage outfit esVolta is quietly looking to raise corporate-level equity.

Nomura Greentech, formerly Greentech Capital Advisors, is advising on the process, which is code-named Project Intrepid, SparkSpread has learned.

Aliso Viejo, Calif.-based esVolta aims to raise some USD 250m in corporate-level equity, according to an industry source.

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