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.
This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.