GreenFront Energy Partners Advises Energy Assurance on Sale to Element Materials

GreenFront Energy Partners (“GreenFront”) is pleased to announce the successful closing of Energy Assurance LLC’s (“EA”) sale to Element Materials Technology (”Element”). The transaction is a unique opportunity for Element to establish itself as a market leader in the sustainable energy delivery market, while helping to reinforce its broader sustainability agenda.

EA is a leading accredited cell and battery testing lab in North America with over a decade of experience in the battery-powered products industry. The company provides testing services for the world’s leading electric vehicle, energy storage, and connected technology businesses, helping to enable widespread electrification and support the overall Energy Transition.

Cindy Millsaps, CEO at of EA, said: “We are excited about joining Element as together we pursue our shared goals of becoming the best and most trusted testing partner for the Energy market. We look forward to this next phase of growth for the company and believe that being part of Element will further enable our team to drive growth in market shaping battery technologies and influence positive change in the area of sustainable energy storage and delivery.”

GreenFront served as exclusive financial advisor to Energy Assurance.