Energy Storage News•about 18 hours ago
BlackRock-backed Akaysha Energy weighs funding options for battery storage expansion
- •BlackRock-backed Akaysha Energy is actively seeking additional funding, including a potential minority stake sale, to expand its battery energy storage operations.
- •This move signals continued strong investor confidence and growth in the grid-scale battery storage market, indicating more capacity will come online.
- •For developers, this highlights active M&A and financing opportunities within the storage sector; for large power consumers, it suggests increasing grid flexibility and potential for future PPA structures.
m&a