Baker McKenzie Advises Junction Growth Investors-Led Consortium on €43M Investment in Battery Optimizer Entrix

"Baker McKenzie advised a consortium led by Junction Growth Investors, Korys and BNP Paribas (via the Solar Impulse Venture Fund) on a EUR 43 million equity investment in battery optimizer and flexibility marketer Entrix. The firm’s work focused on legal due diligence of flexibility marketing and optimization agreements (including tolling) and on financial regulatory compliance such as REMIT. Entrix will use the funding to accelerate growth across Europe, expand its BESS marketing portfolio and further develop its optimization and trading platform. Entrix now has 3 GW / 8.5 GWh of battery capacity under contract (with 2 GW expected operational by 2026), manages over 70 BESS and operates teams in Germany, Italy, Spain and Poland."