Volta Energy Technologies’ New Model for Advancing Energy Storage Technologies

Wilson Sonsini Goodrich & Rosati represented Volta in the partnership agreement

Volta Energy Technologies has launched a new model to assess the crowded field of battery and energy storage innovations and invest in those breakthroughs with the greatest promise for commercial application. Founded by industry leaders, Volta connects deep technical and product development knowledge with established investment mechanisms. Volta’s mission is to deliver both strategic and financial returns for its investors by identifying, validating, and investing in promising energy storage and battery technology that has the potential to transform the industry and grow the market.

An important aspect of Volta’s strategy is to partner with corporate investors that come from complementary sectors of the energy system. Exelon, the nation’s largest producer of emissions-free energy and the largest utility company by customer count, and Albemarle Corporation, the leading lithium supplier for energy storage and other applications, are the founding investors in Volta. The companies together have committed to fund Volta to identify and invest in promising new energy storage technologies.

The WSGR team that represented Volta in the partnership included partners Bob O’Connor (Picture) and Rob Rosenblum; Of Counsel Amelia Messa; and associates Chanelle Blackie and Adrian Broderick.

Involved fees earner: Robert O’Connor – Wilson Sonsini Goodrich & Rosati; Robert Rosenblum – Wilson Sonsini Goodrich & Rosati; Amelia Messa – Wilson Sonsini Goodrich & Rosati; Chanelle Aurora Blackie – Wilson Sonsini Goodrich & Rosati; Adrian Broderick – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: Volta Energy Technologies;

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Author: Ambrogio Visconti