Generate Capital completed the acquisition of esVolta.

Generate Capital, a sustainable infrastructure investment and operating platform, completed the acquisition of esVolta, an operator of utility-scale battery energy storage projects. Financial terms were not disclosed. “Our team at esVolta is excited to be joining forces with Generate to expand the battery storage market amid increasing demand from offtakers and utilities throughout the United States. Generate is the ideal choice to support our long-term growth – sharing our vision of a modernized and decarbonized grid and the comprehensive approach to building it out," Randolph Mann, esVolta President.