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Nofar Energy Acquires 50% Stake in US Energy Storage Company Powin

Acquisition Battery Storage announced United States Sep 15, 2025
USD100M
Deal Value

Nofar Energy acquired a 50% stake in Powin, a US-based energy storage company, for $100 million. The acquisition will expand Nofar Energy's presence in the energy storage market.

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Timeline

Announced
Sep 15, 2025
Signed
Closed

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