T2Y Capital becomes shareholder of Romanian energy storage solutions provider Prime Batteries

T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, announced it was investing in Prime Batteries Energy Holding, thus becoming the second-largest shareholder of the Romanian company with headquarters in Bucharest.

T2Y Capital will take a seat on the Board of Directors and support Prime Batteries in its next phase of growth, not only with expansion capital, but also with strategic expertise and access to its extensive industry network, the company said.