Hardik Shah
2026.07.14 12:35

๐Ÿ“ข ๐‰๐”๐’๐“ ๐ˆ๐: FPUSA Selects 400 MWh Wildfire Project, Reaches 90% of $EOS Energy Enterprises(EOSE.US) Eos Capacity Reservation

๐Ÿ‘‰ ๐Š๐ž๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โžค ๐…๐๐”๐’๐€ selects the ๐–๐ข๐ฅ๐๐Ÿ๐ข๐ซ๐ž ๐๐„๐’๐’ project in Texas.

โžค Wildfire adds ๐ˆ๐ŸŽ๐ŸŽ ๐Œ๐– / ๐Ÿ’๐ŸŽ๐ŸŽ ๐Œ๐–๐ก of battery storage capacity.

โžค Project is expected to use ๐„๐จ๐ฌ ๐™๐Ÿ‘ long-duration batteries.

โžค FPUSA has now closed or selected approximately ๐ˆ.๐Ÿ– ๐†๐–๐ก of projects.

โžค Total represents approximately ๐ˆ๐ŸŽ% of FPUSA's ๐ˆ ๐†๐–๐ก Eos capacity reservation.

โžค Closing remains subject to definitive agreements and ๐„๐จ๐ฌ'๐ฌ rights offering.

โžค FPUSA sees approximately ๐ˆ ๐†๐–๐ก of additional near-term project opportunities.

โžค ๐‡๐ฎ๐๐ฌ๐จ๐ง ๐๐š๐ฒ committed up to ๐’๐Ÿ๐Ÿ๐Ÿ“ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง supporting the platform.

โžค ๐Š๐Š๐‘ ๐‚๐š๐ฉ๐ข๐ญ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ๐ฌ is supporting long-term project financing.

๐Ÿ‘‰ ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐’๐ญ๐š๐ญ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ:

๐€๐š๐ซ๐จ๐ง ๐Œ๐š๐œ๐ณ๐จ๐ง๐ข๐ฌ, Managing Director at Cerberus Capital Management:

โ€œWildfire is another important step in the execution of the FPUSA platform. With this selection, FPUSA has now closed or selected approximately 1.8 GWh of projects against its 2 GWh capacity reservation agreement with Eos. That is real progress against the core strategy: securing high-quality late-stage projects, aligning them with committed American-made battery supply, and converting them into construction-ready assets through a platform built for speed, financing certainty and scale. Bimergen has been an important origination and development partner, and we look forward to completing definitive documentation and advancing Wildfire toward NTP.โ€

๐‚๐จ๐ฅ๐ž ๐‰๐จ๐ก๐ง๐ฌ๐จ๐ง, Co-CEO of Bimergen Energy:

โ€œWildfire reflects the depth of Bimergenโ€™s development work in ERCOT. This is our second transaction under the framework with FPUSA, and it shows how the model is designed to work: Bimergen originates and develops late-stage projects, and the platform converts them into construction-ready assets with committed American-made battery supply and institutional capital behind them. We look forward to completing documentation and moving Wildfire toward construction.โ€

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