Microporous secures final funding for new manufacturing facility in Danville, Virginia
Type: Financing · Technology: Storage · Country: United States · Capacity: 65 GWh · Announced: 2026-05-08
Microporous, a portfolio company of Trent Capital Partners, secured final funding for its new manufacturing facility in Danville, Virginia. The financing was led by Elda River Capital Management and Eagle Point Credit Management, with additional funding from Trent. Construction on the new plant, which will produce battery separators for lithium-ion batteries, is set to begin in May 2026. At full capacity, the facility is expected to support approximately 65 gigawatt-hours of battery production annually, serving the rapidly growing demand for energy storage solutions across automotive, industrial, and grid applications. This investment significantly enhances Microporous’ manufacturing footprint and is expected to contribute to regional economic development through job creation.
Counterparties
- Eagle Point Credit Management (Lender)
- Elda River Capital Management (Lender)
- Trent (Lender)
- Trent (Parent Company)
- Microporous (Borrower)