Frontier Power USA, a long-duration energy storage development and investment platform, has announced that it has engaged KKR Capital Markets (KCM) to act as structuring agent and arranger for the company’s debt financing program. KCM is a full-service capital markets platform providing customized capital raising and financing solutions across equity, debt, structured products and real estate markets. KCM has arranged more than $2.5 trillion in financing globally since its inception in 2007.
The engagement of KCM represents a key step in establishing a comprehensive capital framework to support FPUSA’s business plan. Together with the company’s existing capital commitments — including a $100 million equity investment from certain funds and accounts managed by Cerberus Capital Management, and contributions from Eos Energy Enterprises, to be funded via a previously announced rights offering — FPUSA is building the financial capacity required to accelerate the deployme
