Slovakia’s Fuergy raises €16 million private equity to expand energy-as-a-service model
Fuergy, a Slovakia-based company providing energy storage and management solutions, has raised €16 million (US$17.4 million) from local private equity firm Pro Partners Holding. The fundraise, announced yesterday (23 January), is aimed at turning Fuergy’s smart battery storage product ‘brAIn’ “into a new green investment product and make it more affordable for a wider group of customers,” the firm said.
You are not logged in
If you want to read more, join the ENERGY-HUB club
LoginTry the monthly membership in the ENERGY-HUB club for free!
Related articles
California distributed battery storage company Electriq Power in ‘estimated’ US$300 million deal
Electriq Power, a US provider of battery storage solutions, has secured a deal that could be worth more than US$300 million. The c…
IPP Amarenco raises €300 million for solar, energy storage and agrovoltaics pipeline
Independent power producer Amarenco has purchased a 90% stake in PV developer Infram from investment company M&G’s infrastructure…
EU greenlights BCI’s investment in new BESS platform Eku Energy
The European Commission has cleared an investment by Canadian pension fund BCI into Eku Energy, a new utility-scale BESS platform…
Connecticut utilities launch next 100MW tranche of 580MW customer-sited ESS procurement
Connecticut utilities Eversource, UL and a quasi-state bank have together launched the next 100MW tranche of a programme aimed at…
Australian Vanadium secures site for flow battery electrolyte plant in Western Australia
Australian Vanadium has secured a site and progressed the design and development of a flow battery electrolyte facility in Western…
ENERGY-HUB is a modern independent platformsharing news and analytic articles from the energy sector on a daily basis. Within our portfolio we monitor czech, slovak and foreign press releases.
