Monday, June 17, 2019
Maritime Propulsion

Posted by June 6, 2019

PBES, Sterling & Wilson Announce Partnership

Marine energy storage and battery company PBES and power generation company Sterling and Wilson have has announced a strategic partnership agreement. 

The agreement, which involves Sterling and Wilson acquiring a significant portion of PBES equity, provides a vehicle to stabilize PBES and move the company forward in its marine electric and hybrid energy storage business, while providing a critical and strategic component in Sterling and Wilson’s portfolio.

The PBES energy storage system has been engineered to the highest standards of performance and safety and is designed to seamlessly integrate with virtually any electrical infrastructure.