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GridStor completes acquisition of battery storage project from Black Mountain

PRIVATEJan 16, 2025

Acquiring Company

GridStor

Acquired Company

Black Mountain Energy Storage

PortlandFort WorthManufacturingEnergyRenewable EnergyEnergy StorageEnvironmental ServicesManufacturingRenewable Energy

Description

GridStor, a Portland, Oregon-based company, has successfully acquired a battery storage project in Eastern Oklahoma from Black Mountain Energy Storage. This acquisition aligns with the urgent need indicated by the regional electric grid Southwest Power Pool for new power resources to support electric system reliability and aims to increase the resilience of Oklahoma's electric grid.

Quick answer

GridStor is acquiring Black Mountain Energy Storage, announced January 16, 2025. GridStor is based in Portland, Oregon, United States.

How much did GridStor pay for Black Mountain Energy Storage?
The deal value was not disclosed.
What does GridStor do?
GridStor strengthens America’s power system reliability by building and operating battery projects, storing electricity to deliver when and where it’s most needed.
Where are GridStor and Black Mountain Energy Storage based?
GridStor is based in Portland, Oregon, United States. Black Mountain Energy Storage is based in Fort Worth, Texas, United States.
Who are the decision-makers at GridStor?
Fundz holds 1 contact at GridStor. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

GridStor

Location

7 SE Stark St

Portland, Oregon, United States

About

GridStor strengthens America’s power system reliability by building and operating battery projects, storing electricity to deliver when and where it’s most needed. GridStor develops, acquires, builds and operates utility-scale, standalone battery storage projects primarily across North America.

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Frequently asked

Who acquired Black Mountain Energy Storage?

Black Mountain Energy Storage was acquired by GridStor, based in Portland. The deal was reported on January 16, 2025. GridStor strengthens America’s power system reliability by building and operating battery projects, storing electricity to deliver when and where it’s most needed. GridStor is privately held and operates in Manufacturing.

When did GridStor acquire Black Mountain Energy Storage?

GridStor's acquisition of Black Mountain Energy Storage was reported on January 16, 2025. GridStor, a Portland, Oregon-based company, has successfully acquired a battery storage project in Eastern Oklahoma from Black Mountain Energy Storage. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Black Mountain Energy Storage do?

Black Mountain Energy Storage is a team of energy experts who develop and operate battery energy storage facilities. It is privately held, operating in Manufacturing, and is based in Fort Worth.

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