Eos Energy Enterprises IncEos receives $75M equity investment from Hudson Bay and additional $50M into FPUSA, boosting project capital.

Eos Energy Enterprises announced a $75 million equity investment from Hudson Bay Capital Management to support Eos’ investment in Frontier Power USA. Hudson Bay has also committed to invest $50 million directly into FPUSA, subject to certain conditions. The commitment brings FPUSA’s expected equity investment up to approximately $375 million, assuming full subscription in the Company’s proposed rights offering. Under FPUSA's planned financing model, that equity base is expected to support more than $1.5 billion of deployable project capital at approximately 75% loan-to-value. The Hudson Bay investment is additive to the previously announced $100 million commitment from Cerberus Capital Management and Eos’ own expected contribution of up to $150 million, which the Company intends to fund through the upcoming rights offering.
Eos Energy Enterprises IncEos receives $75M equity investment from Hudson Bay and additional $50M into FPUSA, boosting project capital.
FPUSA receives $50M direct investment from Hudson Bay and total equity expected ~$375M, supporting $1.5B project capital.
Hudson Bay is the investor, not the subject; no direct impact on its own valuation.