en.Wedoany.com Reported - Frontier Power USA (FPUSA) has selected Bimergen Energy's Wildfire Battery Energy Storage System (BESS) project in Caldwell County, Texas, with a capacity of 100 megawatts/400 megawatt-hours.
Under the existing strategic agreement between the two companies, the Wildfire project will be transferred to the FPUSA platform. The energy storage project plans to utilize Eos Energy's Z3 long-duration batteries. The completion of the transaction is subject to the signing of formal documents and the completion of Eos Energy's ongoing rights offering.
This selection of the Wildfire BESS follows FPUSA's recent conversion of Bimergen's 480 MWh ERCOT project portfolio and the establishment of a strategic partnership with Stella Energy Solutions, identifying four projects totaling approximately 920 MWh. Currently, the total capacity of completed and selected projects is approximately 1.8 gigawatt-hours (GWh), representing 90% of FPUSA's 2 GWh capacity reservation agreement with Eos.
The two companies stated that the economic terms of the Wildfire agreement are expected to be consistent with previous Bimergen transactions. The current project portfolio targets near-term construction readiness milestones from 2026 to early 2027, aligning with FPUSA's strategy to accelerate late-stage projects into construction.
The company's 2 GWh reservation agreement with Eos aims to secure dedicated access to U.S.-manufactured long-duration battery systems and support consistent project execution. To date, this partnership has covered the initial Bimergen ERCOT project portfolio (including two "Texas 10" projects and the Redbird project, totaling 480 MWh), Stella's four projects (approximately 230 MW/920 MWh), and now the Wildfire BESS project.
FPUSA's equity financing is supported by Cerberus Capital Management, with follow-on investment from Hudson Bay Capital and proceeds from Eos's rights offering. Hudson Bay has committed $50 million in direct equity investment to FPUSA as part of a broader $125 million package that also includes an investment in Eos. Additionally, KKR Capital Markets has been engaged to structure long-term project financing solutions for the platform.
Cole Johnson, Co-CEO of Bimergen Energy, stated that this is the second transaction under the FPUSA framework, demonstrating how the model is designed to operate: Bimergen originates and develops late-stage projects, and the platform transforms them into construction-ready assets with U.S.-manufactured battery supply and institutional capital support. We look forward to completing the documentation and advancing Wildfire into the construction phase.
