Cerberus Announces Strategic Investment of up to $315.5 Million in Eos Energy
New York – June 24, 2024 – Cooley advised Cerberus Capital Management, L.P., a global leader in alternative investing with approximately $65 billion in assets across complementary credit, real estate and private equity strategies, on its strategic investment of up to $315.5 million in Eos Energy, a leading provider of safe, scalable, efficient and sustainable zinc-based, long-duration energy storage systems. The investment is structured to allow Eos to meet growing market demand effectively and also supports Eos’ plan to scale operations and execute on its path to profitability.
Partners Michael Tollini, Peter Byrne, Amelia Davis, David Peinsipp and Sonny Allison led the Cooley team advising Cerberus.
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