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Pivot eyeing EV partnerships as EDF deal bids to power battery storage pipeline

two weeks ago

Pivot Power has said it wants to work with the EV charging sector and deliver it scalable power infrastructure following its acquisition by EDF.

Speaking to Current±, Pivot chief executive Matt Allen said that the deal had been in the works since the start of the year, with talks initially exploring how the company could raise funds to pursue a much-publicised, 2GW-strong pipeline of energy storage assets.

But as those talks progressed, it became clear the two companies were aligned and the “synergistic fit” of an acquisition suited both parties.

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