Form Energy closes $270 million credit facility
Revolving credit plus a tax credit advance facility.
Next-gen batteriesformenergy.com
StartupUSfounded 20171 field
| Technology | ||
|---|---|---|
| Next-gen batteriesMakes iron-air batteries that store power for multiple days, built in Weirton, West Virginia. | Makes iron-air batteries that store power for multiple days, built in Weirton, West Virginia. | formenergy.com |
Revolving credit plus a tax credit advance facility.
Led by T. Rowe Price; total equity raised passes $2 billion.
Multi-day storage capacity for AI data centers.
Deal with FuturEnergy Ireland is Form's first international deployment.
Joined in Next-gen batteries. Makes iron-air batteries that store power for multiple days, built in Weirton, West Virginia.
Added in Next-gen batteries. Makes iron-air batteries that store power for multiple days, built in Weirton, West Virginia.