KORE Power, a U.S.-based developer of battery cell technology for the energy storage and electric transportation industries, has formed a strategic partnership with Cleanhill Partners, a private equity firm pursuing investments in the energy transition sector that contribute to decarbonization.
Rakesh Wilson and Ash Upadhyaya, founders of Cleanhill, have joined KORE Power as special advisers to founder and CEO Lindsay Gorrill.
Upadhyaya and Wilson have more than 20 years of experience in private equity and engineering, focusing on the energy value chain. Upadhyaya was a managing director at Centerbridge Partners and a director at KKR. And Wilson previously served as a senior partner at Apollo Global Management and led private equity investments across the energy value chain. Wilson also was with Morgan Stanley’s commodities division and Goldman Sachs’ investment banking and equity research divisions.
