Greengate has advised on the financing of new technologies to reduce greenhouse gas emissions, by decarbonizing industrial processes, monitoring emissions, and supporting an increasing share of grid electricity supply from renewables as part of a broader initiative to expand and improve reliability of the electric transmission system throughout the United States.

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December 2024

The US Department of Energy closed on a $303.5 million loan guarantee to Eos Energy Enterprises to support expansion of Eos's industrial-scale, zinc-bromine battery energy storage system (BESS) manufacturing capacity to 8 GWh per year. Greengate served as financial advisor to DOE in connection with issuance of the loan guarantee and will continue to support DOE in post-closing activities.

October 2024

The US Department of Energy closed on a $162.4 million loan guarantee to LongPath Technologies to support deployment of an innovative laser spectrography system for real-time methane detection at oil and gas facilities. Greengate served as financial advisor to DOE in connection with issuance of the loan guarantee and continues to support DOE in various post-financial close activities.