Eos Energy Enterprises Achieves Final Cerberus Milestone and Secures Strategic Order

Eos Energy Enterprises, Inc. (NASDAQ: EOSE) announced the achievement of its final cash receipt milestone as part of Cerberus Capital Management LP's strategic investment. Additionally, the company secured a 228 megawatt-hour (MWh) order from Frontier Power Ltd. under their existing 5 GWh framework agreement. This order strengthens their partnership aimed at deploying long-duration energy storage across multiple markets. The Z3™ energy storage systems, featuring Eos’ proprietary battery management system, will be deployed to validate performance and reliability in diverse grid environments. This milestone highlights the growing market demand for long-duration storage and reinforces confidence in the companies’ joint ability to deliver large-scale solutions.