DealsMay 6, 2026, 03:41 PM
E-Power Secures $252M Microgrid Deal with ZL Bio for 50 MW Project
AI Summary
E-Power Inc. announced a landmark three-phase Microgrid Construction & Services Agreement with ZL Bio LLC, valued at approximately $252 million. This project will scale ZL Bio's power capacity from 3 MW to 50 MW using a "Solar + Storage + Backup" architecture in Middletown, California. E-Power will provide a turnkey microgrid solution, including Tier-1 bifacial solar modules and LFP Battery Energy Storage Systems, along with a long-term Operations & Maintenance commitment.
Key Highlights
- E-Power signed a three-phase Microgrid Construction & Services Agreement with ZL Bio LLC.
- The project is valued at approximately $252 million in total CAPEX.
- The agreement will scale ZL Bio's power capacity from 3 MW to 50 MW.
- Phase 1 involves 3 MW capacity with a CAPEX of $15.12 million.
- Phase 2 adds 6 MW (total 9 MW) with a CAPEX of $30.24 million.
- Phase 3 adds 41 MW (total 50 MW) bringing total CAPEX to $252 million.
- E-Power will deliver a turnkey microgrid solution with Tier-1 solar and LFP BESS.
- The company committed to a 99.5% system availability guarantee and long-term O&M.