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Li-Ion maker Alelion acquires BESS tech firm

Tue, 04/03/2018 - 11:42 -- John Shepherd
Li-Ion maker Alelion acquires BESS tech firm

Sweden-based lithium-ion battery firm Alelion Energy Systems has acquired the whole portfolio of Caterva— a German liquidation company specialising in advanced technology for energy storage systems.

Alelion said the deal price amounts to SEK14 million ($1.7m), which corresponds to about 10% of previously invested capital and includes “a patent portfolio related to the optimisation of energy storage”.

 

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