Akin Gump Advises Vitol in $100 Million Investment in Energy Storage Technology Provider FlexGen

July 20, 2022

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Jacinta O'Shea-Ramdeholl

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(Houston) -- FlexGen Power Systems, Inc., a leading integration services and software technology provider for energy storage solutions, has announced the closing of a $100 million Series C Investment round. The investment is anchored by Vitol, the largest independent energy trading company globally, in partnership with existing investors. Akin Gump advised Vitol in the transaction.

This latest investment further solidifies FlexGen as a leader in energy storage integration and will support the execution of its large pipeline of projects across multiple regions.

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The Akin Gump deal team was led by corporate partners Lisa Hearn and Rob Shearer. They were joined by corporate associates Jack Polisini and Paul Ziegler along with intellectual property partner Cono Carrano and counsel Ryan Stronczer.

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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