Eos Energy names TETRA preferred electrolyte supplier; TETRA to supply min 75% of demand

Eos Energy Enterprises, Inc.

TETRA to supply 100% of Eos's zinc bromide (PureFlow) and 75% of proprietary electrolyte solution needs.
Four-year agreement (through Dec 31, 2027) includes right of first refusal and non-exclusive license to electrolyte formula.
No minimum purchase volumes required; pricing includes favorable cost-saving allocation mechanisms.
Partnership supports Eos's U.S. supply chain and cost reduction goals for Z3 long-duration energy storage cube.
Agreement expands existing relationship dating to 2021; TETRA investing in expanded bromine production.

item 1.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Eos Energy Enterprises, Inc. entered into Supply Agreement with TETRA Technologies, Inc. (effective 2024-01-08).

Action: entry
Agreement: supply
Counterparty: TETRA Technologies, Inc.
Effective: 2024-01-08

Exact text from the filing

On January 8, 2024, HI-POWER, LLC (“Hi-Power”), a wholly-owned subsidiary of Eos Energy Enterprises, Inc. (“Eos”), entered into an Amended and Restated Manufacturing Purchase and Supply Agreement (the “Supply Agreement”) with TETRA Technologies, Inc. (“TETRA”), a Delaware corporation, to govern the provision of TETRA PureFlow® zinc bromide and the manufacturing and provision of Eos’s proprietary electrolyte solution (collectively, the “Products”) by TETRA to Eos.

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Source: SEC EDGAR

accession 0001805077-24-000002

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