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ESS Tech, Inc. (NYSE:GWH) announced the appointment of Alexi Wellman to its Board of Directors, effective October 12, 2021. Wellman, who will serve as Chair of the Board Audit Committee, has extensive experience in financial management, having previously served as CFO of Altaba, Inc. and held key financial roles at Yahoo and Nebraska Book Company. Her expertise is poised to support ESS's growth and production scaling, particularly in advancing environmentally sustainable energy storage solutions.
ESS Inc. (NYSE:GWH) announced that CEO Eric Dresselhuys will present at the 2021 Milken Institute Global Conference on October 19, 2021, at 2:00 PM PT. The panel, titled “Energy and Commodity Markets: Structural Bull or Earthbound?”, will discuss significant energy market changes and the impact of the climate crisis on decarbonization efforts. This year’s conference theme is “Charting a New Course,” focusing on leveraging recent disruptions for a sustainable future. For more information, visit milkeninstitute.org.
ESS Inc. has completed its business combination with ACON S2 Acquisition Corp., becoming the first publicly traded U.S. long-duration storage company. The company begins trading on the NYSE under the tickers GWH and GWH.W. This milestone is aimed at scaling operations and addressing the growing demand for renewable energy solutions. The transaction includes $308 million of pro forma net cash and backing from notable institutional investors such as Fidelity and Koch Industries, positioning ESS to capitalize on opportunities in the energy storage market.