Eos Energy Enterprises has secured a 750 MWh supply agreement with MN8 Energy for advanced zinc-based energy storage systems.
Quiver AI Summary
Eos Energy Enterprises, Inc. has announced a substantial supply agreement with MN8 Energy to provide up to 750 MWh of its advanced Z3™ energy storage systems, which will support large renewable energy projects in the U.S. This initial phase involves deploying 200 MWh of the systems, integrating solar generation with long-duration storage to ensure a continuous power supply. Eos's zinc-based technology aims to serve high-demand sectors like data centers and manufacturing, emphasizing reliability and sustainability. The collaboration highlights Eos's commitment to domestic manufacturing and innovative energy solutions, addressing the growing need for efficient and safe energy storage in the evolving energy landscape.
Potential Positives
- The supply agreement with MN8 Energy for up to 750 MWh of energy storage systems demonstrates Eos Energy's growing commercial momentum and market confidence in its technology.
- The partnership positions Eos to serve critical high-growth sectors, such as data centers, enhancing its ability to provide reliable, sustainable energy solutions.
- This agreement reinforces Eos' commitment to American-made manufacturing and energy independence, appealing to customers prioritizing domestic and sustainable energy solutions.
Potential Negatives
- Forward-looking statements in the release indicate a reliance on assumptions and beliefs that may not materialize, which can create uncertainty for investors regarding future performance.
- The press release highlights several risks related to financing, operational milestones, and market competition that could adversely affect Eos' ability to execute its business plans.
- The mention of potential risks regarding the listing of the company's shares on NASDAQ indicates possible financial instability and concerns about maintaining investor confidence.
FAQ
What is the new supply agreement between Eos and MN8 Energy?
Eos and MN8 Energy have agreed to supply up to 750 MWh of zinc-based energy storage systems to support renewable projects.
How will Eos' Z3 technology be used?
MN8 plans to utilize Eos’ Z3 technology for projects involving 200 MWh of storage, combining solar generation and long-duration storage.
What benefits do Eos' zinc-based energy storage systems provide?
Eos offers safe, non-flammable, and dispatchable energy storage solutions that enhance resiliency and support carbon-free power goals.
Why is this agreement significant for Eos?
This supply agreement marks a major milestone in Eos' growth, demonstrating confidence in their technology and domestic manufacturing capabilities.
Where is Eos Energy Enterprises headquartered?
Eos Energy Enterprises is headquartered in Edison, New Jersey, and focuses on innovative energy solutions for various sectors.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$EOSE Insider Trading Activity
$EOSE insiders have traded $EOSE stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $EOSE stock by insiders over the last 6 months:
- JOE MASTRANGELO (Chief Executive Officer) has made 0 purchases and 3 sales selling 564,203 shares for an estimated $3,470,424.
- NATHAN KROEKER (CCO and Interim CFO) has made 0 purchases and 4 sales selling 323,609 shares for an estimated $1,997,055.
- MICHAEL W SILBERMAN (General Counsel) has made 0 purchases and 2 sales selling 166,568 shares for an estimated $1,082,281.
- SUMEET PURI (Chief Accounting Officer) has made 0 purchases and 4 sales selling 94,174 shares for an estimated $640,193.
- MARIAN WALTERS sold 50,000 shares for an estimated $395,000
- ALEXANDER DIMITRIEF sold 45,000 shares for an estimated $270,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$EOSE Hedge Fund Activity
We have seen 153 institutional investors add shares of $EOSE stock to their portfolio, and 75 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 11,788,106 shares (+273.4%) to their portfolio in Q2 2025, for an estimated $60,355,102
- UBS GROUP AG added 3,915,227 shares (+197.6%) to their portfolio in Q2 2025, for an estimated $20,045,962
- DRIEHAUS CAPITAL MANAGEMENT LLC added 3,482,234 shares (+97.8%) to their portfolio in Q2 2025, for an estimated $17,829,038
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. removed 3,286,648 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $16,827,637
- VANGUARD GROUP INC added 2,955,977 shares (+28.5%) to their portfolio in Q2 2025, for an estimated $15,134,602
- MORGAN STANLEY added 2,791,740 shares (+191.1%) to their portfolio in Q2 2025, for an estimated $14,293,708
- STATE STREET CORP added 2,743,684 shares (+89.7%) to their portfolio in Q2 2025, for an estimated $14,047,662
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$EOSE Analyst Ratings
Wall Street analysts have issued reports on $EOSE in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Guggenheim issued a "Buy" rating on 09/05/2025
- Stifel issued a "Buy" rating on 06/09/2025
To track analyst ratings and price targets for $EOSE, check out Quiver Quantitative's $EOSE forecast page.
$EOSE Price Targets
Multiple analysts have issued price targets for $EOSE recently. We have seen 4 analysts offer price targets for $EOSE in the last 6 months, with a median target of $9.0.
Here are some recent targets:
- Stephen Gengaro from Stifel set a target price of $22.0 on 10/15/2025
- Christopher Souther from B. Riley Securities set a target price of $8.0 on 09/30/2025
- Joseph Osha from Guggenheim set a target price of $10.0 on 09/05/2025
- Julien Dumoulin-Smith from Jefferies set a target price of $6.5 on 09/05/2025
Full Release
PITTSBURGH, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), an American energy company and the leading innovator in designing, sourcing, manufacturing, and providing zinc-based battery energy storage systems (BESS), today announced a supply agreement for as much as 750 MWh with MN8 Energy , one of the largest independent renewable companies in the United States, to deploy Eos next-generation Z3™ energy storage systems supporting a portfolio of projects that include providing clean, dispatchable power for large load applications.
The first projects MN8 would consider utilizing Eos’ Z3 technology for would incorporate 200 MWh of storage systems with 10-hour energy discharge duration, combining solar generation and long-duration storage to deliver round-the-clock renewable power. The supply agreement represents a significant step forward in bringing a reliable, American-made solution to high demand sectors such as data centers, commercial and industrial facilities, or manufacturing – where resiliency and sustainability are increasingly critical.
“The agreement with MN8 marks another major milestone in Eos’ commercial momentum and demonstrates continued confidence in our technology and our domestic manufacturing capability,” said Justin Vagnozzi, Eos Senior Vice President of Global Sales. “Together with MN8, we’re delivering long-duration storage that supports a stronger and more reliable energy system built here in America.”
As demand for both clean energy and energy storage accelerates across the United States, this new collaboration with a top-tier developer enables Eos to serve critical, high-growth customers facing unprecedented load growth. Eos’ zinc-based energy storage systems provide a U.S.-manufactured solution that can deliver non-flammable, flexible and dispatchable energy for extended durations helping customers such as data centers operate with greater resilience while supporting their carbon-free power goals.
This supply agreement enables MN8 to pursue opportunities to deploy Eos’ zinc-based Z3™ systems across its energy portfolio within PJM and other U.S. markets with the goal of providing long-duration energy storage capabilities to meet enterprise customers’ increasingly sophisticated requirements. Together, MN8 and Eos are demonstrating how domestic manufacturing and advanced storage technology can deliver power that enhances grid reliability and national security.
With the addition of the MN8 agreement, Eos continues to execute its growing commercial pipeline, reflecting strong market confidence in its non-flammable zinc-based technology. Combined with its proprietary DawnOS™ operating system, Eos’ innovative technology delivers reliability at scale for America’s expanding energy demand, supporting long-duration applications and sustainability across the full life cycle.
About Eos Energy Enterprises
Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, efficient, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3 to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit
eose.com
.
About MN8 Energy
MN8 Energy serves enterprise customers on their journey to an electrified, decarbonized world by providing renewable energy and related services. With approximately 4 gigawatts of operational and under-construction solar projects, 1.1 gigawatt hours of battery energy storage capacity comprised of over 875 projects across 29 states, and more than 40 high-power EV charging stations across 14 states, MN8 is one of the largest and most sophisticated independent solar energy and energy storage power producers in the United States. MN8 is headquartered in New York and has offices in South Florida, Dallas, and Madrid.
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Forward Looking Statements
Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and the information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.
Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; the timing and availability of future funding under the Department of Energy Loan Facility; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties.
The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release.
Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.