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

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June 25, 2026 · News

Frontier Power USA Engages KKR Capital Markets to Support Scaled Deployment of Long-Duration Energy Storage

NEW YORK — June 25, 2026 — Frontier Power USA (“FPUSA” or the “Company”), a long duration energy storage development and investment platform, today announced that it has engaged KKR Capital Markets LLC (“KCM”) to act as structuring agent and arranger for the Company’s debt financing program. KCM is a full-service capital markets platform providing … Read more

June 15, 2026 · News

Cerberus, EBRD and IFC Complete VeloBank’s Acquisition of Bank Handlowy Retail Operations

An affiliate of Cerberus Capital Management, L.P. (“Cerberus”), the European Bank for Reconstruction and Development (“EBRD”) and the International Finance Corporation (“IFC”, a member of the World Bank Group) (and jointly, the “Shareholders”) today announced the completion of the acquisition of Bank Handlowy’s Retail Operations by VeloBank S.A. (“VeloBank” or the “Bank”). The transaction, first … Read more

May 13, 2026 · News

Frontier Power USA Formed to Accelerate Deployment of American-Made Long-Duration Energy Storage Infrastructure

Frontier Power USA (“Frontier” or the “Company”), a newly established long duration energy storage development and investment platform, today announced its formation to accelerate the deployment of critical, utility scale storage infrastructure across the United States. Frontier has received a $100 million direct equity commitment from Cerberus Capital Management L.P. (“Cerberus”) and is expecting to … Read more

May 04, 2026 · News

Cerberus Appoints Rahul Sangwan as Head of India

NEW YORK – May 4, 2026 – Cerberus Capital Management, L.P. (“Cerberus”), a global alternative investment firm with $70 billion in assets, today announced that firm veteran Rahul Sangwan has been appointed Head of India. A core member of Cerberus’ International Credit business for 15 years, Mr. Sangwan has led transactions across multiple geographies, most … Read more

May 04, 2026 · News

Cerberus to Make a Strategic Investment into Data Center Solutions Provider S+S Industries

NEW YORK and HOUSTON – May 4, 2026 – Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”), a global alternative investment firm, today announced that Cerberus-managed funds have entered into a definitive agreement to make a strategic investment into S+S Industries (“S+S” or the “Company”), a leading provider of critical solutions and value added … Read more

June 25, 2026 · Press Release

Frontier Power USA Engages KKR Capital Markets to Support Scaled Deployment of Long-Duration Energy Storage

NEW YORK — June 25, 2026 — Frontier Power USA (“FPUSA” or the “Company”), a long duration energy storage development and investment platform, today announced that it has engaged KKR Capital Markets LLC (“KCM”) to act as structuring agent and arranger for the Company’s debt financing program. KCM is a full-service capital markets platform providing … Read more

June 15, 2026 · Press Release

Cerberus, EBRD and IFC Complete VeloBank’s Acquisition of Bank Handlowy Retail Operations

An affiliate of Cerberus Capital Management, L.P. (“Cerberus”), the European Bank for Reconstruction and Development (“EBRD”) and the International Finance Corporation (“IFC”, a member of the World Bank Group) (and jointly, the “Shareholders”) today announced the completion of the acquisition of Bank Handlowy’s Retail Operations by VeloBank S.A. (“VeloBank” or the “Bank”). The transaction, first … Read more

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