Kirkland & Ellis suggested Powin, a worldwide chief in vitality storage options, in reference to a just lately introduced $135 million progress fairness funding in Powin led by GIC, Singapore’s Sovereign Wealth Fund, with participation from present lead traders Trilantic Power Companions North America and Power Impression Companions.

In a separate transaction introduced on June 15, 2022, Kirkland additionally suggested Powin in a strategic fairness funding funding from Samsung Enterprise Funding Company, a fund managed on behalf of Samsung C&T, a worldwide Engineering Procurement and Building agency that has constructed among the world’s most iconic infrastructure tasks.

The investments prolong Powin’s management place in grid-scale vitality storage and epitomize its mission to steer the sustainable transformation and decentralization of the world’s outdated electrical grids.

Learn the Powin bulletins right here and right here.

The Kirkland company workforce was led by companions Jhett Nelson, Shubi Arora and Josh Teahen, with help from associates Tess Dennis, Abbey Zuech, Bridget Hamway and Alexiz Magro-Malo; and tax companions Vin Thorn and Liam Murphy.