Eos Energy Enterprises, Inc. announced a private placement of a delayed term loan for gross proceeds of $315.5 million on June 24, 2024. The transaction will include participation from new lender Cerberus Capital Management, L.P. The investment by Cerberus Capital Management, L.P. is structured as a $210.5 million delayed draw term loan that is partially based upon achieving operational milestones, and a $105 million revolving loan that the Company may draw upon, if required, at Cerberus Capital Management, L.P.? discretion.