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The following content is a news release distributed by Business Wire. The original news release may be found here.

Equilibrium Energy Signs New Battery Tolls, Enters California, Celebrates Its Market-Leading Battery Management Performance, Welcomes New Executive Hires, and Closes Its Series B Fundraise

Distributed by Business Wire15 Oct 2024

SAN FRANCISCO--(BUSINESS WIRE)--Equilibrium Energy, a technology company building a next-generation clean power company, today announced its market entry into California; signing of new battery tolls with top tier developer Ormat; closing of a $39M Series B venture fundraising led by deep tech stalwart investor DCVC and including top tier institutional investors Breakthrough Energy Ventures and Valo Ventures; its market-leading battery management performance in Texas; and the hiring of industry...

Read the full news release here

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