Set the alt text!
News & Events

Marathon Capital Advises Upstream Energy on the Company's Portfolio Sale of LA Basin Projects to GridStor

October 27, 2022


Mergers and Acquisitions

  • Felipe Arrazola

    Managing Director

Marathon Capital, LLC (“Marathon Capital”) is pleased to announce that Upstream Energy of San Diego has sold a group of utility-scale energy storage projects currently in development in the greater Los Angeles area to GridStor, a developer and operator of grid-scale energy storage systems. The portfolio consists of multiple projects representing over 500 MW / 2,000 MWh of capacity, or enough to power 375,000 California homes, with proposed on-line dates between 2024 to 2026.

Marathon Capital acted as exclusive financial advisor to Upstream Energy on the transaction.



Set the alt text!

A global financial and strategic advisor focused solely on the clean economy and the energy transition.

  • North America
  • Europe
  • Latin America
  • Asia Pacific
Connect With Us