Eos Energy Shares Rise Following Purchase Order

Dow Jones06-18

By Connor Hart

Shares of Eos Energy Enterprises were higher after the company disclosed the first purchase order under Frontier Power USA's two-gigawatt capacity reservation agreement.

Shares climbed 8.8%, to $8.27, in premarket trading Thursday. Through Wednesday's close, the stock's value has increased by roughly two-thirds over the past year.

Eos Energy said the order will support Frontier Power USA's Redbird project, a battery energy storage system that uses Eos's technology.

Redbird is expected to provide dispatchable storage capacity for the Electric Reliability Council of Texas, or ERCOT, market, supporting energy shifting, ancillary services and overall grid reliability, Eos said.

The four-hour system will help meet rising demand for long-duration storage, as well as serve expected load growth and ERCOT market requirements, it added.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

June 18, 2026 09:10 ET (13:10 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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