FPUSA Converts 480 MWh of Long-Duration Energy Storage Projects from the Bimergen Energy Portfolio

Frontier Power USA (FPUSA) announced the acquisition of a 480 MWh battery energy storage portfolio from Bimergen Energy Corporation, comprising three ERCOT-based projects. The projects will utilize Eos Energy's Z3 long-duration battery systems under a 2 GWh capacity reservation agreement. FPUSA will fund 100% of construction equity while Bimergen retains a 7.5% economic interest, with notices-to-proceed expected mid-2026.