Utility-Scale Long-Duration Energy Storage Solutions sector
Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Utility-Scale Long-Duration Energy Storage Solutions
1.1 - About Utility-Scale Long-Duration Energy Storage Solutions sector
Companies in this category design and deploy multi-hour storage assets that provide firm, dispatchable power from renewable sources. Utility-Scale Long-Duration Energy Storage Solutions encompass technologies and turnkey services that store energy economically for 8–100+ hours, enabling grid balancing, capacity, and resilience. Strategic buyers in this space deliver engineered systems, project development, controls, and lifecycle support to cut curtailment, lower operating costs, and unlock market revenues across transmission and distribution networks.
Offerings typically include flow battery systems such as vanadium redox, iron- or zinc‑air batteries for multi-day durations, and mechanical or thermal options like compressed/liquid air and molten-salt storage. Providers integrate power conversion systems, grid interconnection equipment, protection and controls, and energy management software for forecasting, dispatch, and market bidding. Many deliver turnkey EPC, project financing support, performance guarantees, remote monitoring, and O&M, with microgrid controllers and black-start capabilities for critical infrastructure.
Primary customers include electric utilities and grid operators, independent power producers, and energy‑intensive industrials. These solutions firm variable renewables, reduce peak demand and curtailment, enable capacity market participation, and provide long-duration backup for resilience. Buyers also defer transmission and distribution upgrades, improve reliability metrics, and capture arbitrage and ancillary service revenues through optimized dispatch, leading to lower delivered cost of energy and better asset performance.
2. Buyers in the Utility-Scale Long-Duration Energy Storage Solutions sector
2.1 Top strategic acquirers of Utility-Scale Long-Duration Energy Storage Solutions companies
Form Energy
- Description: Provider of multi-day energy storage systems that use iron-air battery technology capable of storing electricity for up to 100 hours, enabling reliable, long-duration power to support renewable energy grid integration.
- Key Products:
- Multi-day Energy Storage System: Grid-scale solution that stores electricity for up to 100 hours, supplying long-duration power to maintain grid stability when renewable generation is low
- Iron-Air Battery Technology: Metal-air electrochemical cells using iron and air chemistry to deliver 100-hour discharge at low cost, providing dispatchable clean energy for utilities.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
2.2 - Strategic buyer groups for Utility-Scale Long-Duration Energy Storage Solutions sector
M&A buyer group 1: Grid Energy Storage
KORE Power
- Type: N/A
- Employees: ●●●●●
- Description: Provider of U.S-based battery cell technology and vertically-integrated energy storage solutions, manufacturing lithium-ion cells, batteries and turnkey systems at its net-zero KOREPlex facility (12 GWh capacity) to serve e-mobility, utility, industrial and mission-critical markets worldwide and support global decarbonization and grid reliability.
- Key Products:
- KORE Battery Cells: Lithium-ion battery cells produced at the 12 GWh-per-year KOREPlex facility, supplying high-performance
- American-made building blocks for energy storage and e-mobility applications
- KORE Battery Energy Storage Systems (BESS): Turnkey
- U.S-built multi-MWh battery systems that integrate KORE cells
- BMS and HVAC to shave peaks, strengthen grid reliability and power projects like the 2 MW/8 MWh South Street Storage and 41.2 MWh Producers Rice Mill installations
- Network Operations Center & Asset Management: In-house NOC delivers 97 % system availability through continuous monitoring, rapid field response and lifetime maintenance, ensuring uptime and optimized performance of deployed storage assets
- Applications Engineering & Project Partnership: End-to-end support including site design, pre-commissioning walk-throughs, first-responder training and ongoing optimization, partnering with utilities and C&I clients to safely deploy and operate storage solutions.
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●● companies3. Investors and private equity firms in Utility-Scale Long-Duration Energy Storage Solutions sector
3.1 - Buyout funds in the Utility-Scale Long-Duration Energy Storage Solutions sector
2.2 - Strategic buyer groups for Utility-Scale Long-Duration Energy Storage Solutions sector
4 - Top valuation comps for Utility-Scale Long-Duration Energy Storage Solutions companies
4.2 - Public trading comparable groups for Utility-Scale Long-Duration Energy Storage Solutions sector
Valuation benchmark group 1: Battery Energy Storage Technology Companies
Vistra Energy
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of integrated retail electricity and power generation services, offering essential resources to customers, businesses, and communities across the United States. Operates a diverse power generation fleet including natural gas, nuclear, coal, solar, and battery energy storage facilities, with a focus on reliability, affordability, and sustainability.
- Key Products:
- Retail Electricity: Provides electricity to residential and business customers through brands like TXU Energy and Ambit Energy
- Power Generation: Operates a fleet of natural gas, coal, nuclear, solar, and battery energy storage facilities
- Energy Storage: Offers battery energy storage solutions for grid reliability and renewable integration
- Energy Consulting: Provides energy management and consulting services to optimize energy use and reduce costs
- Renewable Energy: Develops and operates solar and other renewable energy projects.