ZENN Takes Larger Stake In EEStor

Last week ZENN completed an additional $5 million equity investment in EEStor.  This investment increases ZENN’s stake in the energy storage developer from 3.8% to 10.7%.  The option to increase their stake was triggered when EEStor reached a previously agreed upon technical milestone earlier this year.  Learn more:  Stockhouse.com

This entry was posted on Thursday, July 9th, 2009 at 10:26 pm and is filed under Investment & financing, NEV, Sourcing, Technology, electric vehicles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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