Powin, an energy storage solutions provider, has secured a revolving credit facility of up to $200 million, primarily from insurance accounts managed by investment firm KKR. The funding will support Powin’s working capital, drive innovation, and enhance financial flexibility as the company expands within the growing energy storage sector.
Key equity investors in Powin include Greenbelt Capital Partners, Trilantic, and Energy Impact Partners, with Guggenheim Securities advising on the capital raise.