Eos Energy Enterprises, Inc.

Eos Energy Enterprises announced its first purchase order under the 2 GWh capacity reservation agreement with Frontier Power USA (FPUSA). This order is for the Redbird project, a 100 MW / 400 MWh battery energy storage system in the ERCOT market, utilizing Eos' Z3 technology. FPUSA and its affiliates have acquired and will fully fund the equity for the project's construction, with Bimergen retaining a minority interest. This deal also means Eos has fulfilled nearly 50% of its 1 GWh Bridgelink master supply agreement and is advancing a 12 GWh development pipeline.

Eos Energy Enterprises, Inc. announced a binding Master Supply Agreement with CAPAC Energy, establishing an exclusive partnership for the Germany, Austria, and Switzerland (DACH) region. The agreement secures a 750 MWh capacity commitment, with a pathway to scale up to 2 GWh of Indensity deployments through 2031. This marks Eos' first international commercial framework agreement, positioning the company for expansion in key European markets, with initial projects already under construction.

Eos Energy Enterprises announced the start of commercial production at its Thorn Hill manufacturing facility's Battery Line 2, marking a significant milestone in scaling its automated battery production. This expansion supports growing customer demand and the company's contracted backlog, with a goal to reach 4 GWh of annual manufacturing capacity by the end of 2026. Concurrently, Battery Line 1 exceeded its full-year 2025 production in just the first 164 days of 2026, demonstrating improved efficiency and a replicable blueprint for future capacity additions. The company also highlighted strong demand, including a 2 GWh capacity reservation by Frontier Power USA and significant project acquisitions in Texas and the UK.

Eos Energy Enterprises announced the terms of a Rights Distribution to eligible holders of its common stock and warrants. This offering aims to raise capital for the company's previously announced contribution to the Frontier Power USA joint venture. Eligible holders will be able to purchase units of common stock and warrants at a 10% to 20% discount to the volume weighted average trading price, with an over-subscription privilege also included.

Eos Energy Enterprises' stockholders approved all five proposals at its 2026 Annual Meeting, most notably an amendment to increase authorized common stock from 600 million to 800 million shares. This increase provides the company with capital structure flexibility to fund strategic and financing initiatives, including a planned rights offering to support its investment in Frontier Power USA. Stockholders also elected three Class III Directors, ratified Deloitte & Touche LLP as the independent auditor, approved executive compensation on an advisory basis, and approved an amendment to the 2020 Incentive Plan.

Eos Energy Enterprises' stockholders approved all five proposals at the 2026 Annual Stockholders' Meeting on June 3, 2026, with approximately 77.6% participation. Key approvals included the election of three directors, ratification of Deloitte & Touche LLP as the independent auditor, approval of the "Say on Pay" management proposal, and an amendment to the long-term incentive plan. Crucially, stockholders approved an increase in authorized common stock from 600,000,000 to 800,000,000, providing flexibility for strategic and financing initiatives, including a rights offering to fund an investment in Frontier Power USA.

Eos Energy Enterprises reported a significant increase in net income to $508.9 million for Q1 2026, up from $15.1 million in Q1 2025, primarily driven by substantial non-cash fair value adjustments of warrants, derivatives, and preferred stock. Revenue surged by 445% to $57.0 million. Despite the strong top-line growth, the company's gross loss increased, and net cash used in operating activities rose to $119.7 million, while total liabilities decreased significantly.

Eos Energy Enterprises announced the formation of Frontier Power USA, a joint venture with Cerberus Capital Management, to accelerate the deployment of long-duration energy storage projects. Cerberus will anchor the JV with a $100 million equity commitment, while Eos plans a $150 million equity contribution via a rights offering to shareholders. Concurrently, Eos reported strong Q1 2026 financial results, with revenue increasing 445% year-over-year to $57.0 million, and reaffirmed its full-year 2026 revenue guidance of $300 million to $400 million.

Eos Energy Enterprises announced its Q1 2026 financial results, reporting $57.0 million in revenue, a 445% year-over-year increase. The company also formed Frontier Power USA, a joint venture with Cerberus, to develop, finance, and operate long-duration energy storage projects, anchored by a $100 million equity commitment from Cerberus. Eos entered into a 2 GWh firm capacity reservation agreement with Frontier Power USA and reaffirmed its 2026 revenue guidance of $300 million to $400 million.

Eos Energy Enterprises, Inc. and Cerberus Capital Management, L.P. announced their intention to capitalize Frontier Power USA, an independent development and investment company. Frontier Power USA will build, own, and operate long-duration battery energy storage projects using Eos' Z3 technology, aiming to become an Independent Power Producer. Cerberus is committing $100 million in equity, while Eos plans a $150 million rights offering for its contribution. The new entity also secured a 2 GWh capacity reservation agreement with Eos and a ~$1.5 billion technology performance insurance framework with Ariel Green to accelerate project bankability.