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Synopsis
GIC, a sovereign wealth fund to manage Singapore's foreign reserves, led a $135m funding round in Powin, a provider of energy storage solutions, with participation from Trilantic and Energy Impact Partners. "We are grateful for this investment from GIC, Trilantic North America, and EIP. We appreciate the vote of confidence and believe that it demonstrates both the market leadership position of our business and our customers' trust in us to change the way they generate, transmit, and distribute electricity," Geoff Brown, Powin CEO.
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