Holyvolt acquires Wildcat Discovery Technologies for $73 million to combine battery materials R&D with water-based manufacturing
Type: Acquisition · Technology: Storage · Country: Sweden · Value: $73M · Announced: 2026-03-06
Holyvolt completed the $73 million acquisition of Wildcat Discovery Technologies, integrating its high-throughput battery materials R&D with Holyvolt's water-based cell manufacturing. This combination accelerates.
Analysis
Holyvolt, a Barcelona-based IPP founded in 2020, is making a substantial strategic pivot by acquiring San Diego-based Wildcat Discovery Technologies for $73 million. This move integrates high-throughput battery materials R&D, including lithium-ion and solid-state chemistries, directly into Holyvolt's operations. The acquisition aims to combine Wildcat's discovery capabilities with water-based cell manufacturing, suggesting Holyvolt's intent to move beyond utility-scale project development into core battery technology. This vertical integration could provide Holyvolt with proprietary material advantages for its battery storage projects.
Key points
- Holyvolt, founded in 2020, is acquiring Wildcat Discovery Technologies for $73 million.
- The deal, executed in Sweden, combines a Barcelona-based IPP with a San Diego-based R&D firm.
- Wildcat specializes in high-throughput R&D for advanced battery materials, including lithium-ion and solid-state chemistries.
- The acquisition aims to integrate R&D with water-based cell manufacturing.
Counterparties
- Wildcat Discovery Technologies (Seller)
- Holyvolt (Buyer)