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Store the Energy

The Deal Cellstrom has successfully issued an equity capital increas, led by a+f GmbH, a subsidiary of Gildemeister (majority 50.001%). IEG - Investment Banking Group has acted as financial advisor to cellstrom.

The Client Cellstrom GmbH is an Austrian supplier of energy storage systems. Cellstrom GmbH was founded in 2000 and has been involved in the development of energy storage systems based on the vanadium redox flow process since 2003. In 2008, the first prototype of the FB 10-100 series, a battery system for storing and transferring electrical energy, was presented. In the same year, the FB 10-100 was released for series production.

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Dennis Mengiste (Commercial Director)