$TE just bought a 50-year-old battery storage company, for $32M.
That company built 1,100 projects for the US Government, National Labs and hyperscalers.
TE now will sell the entire energy system. Generate it. Store it. Control it. Operate it.
$15-20M EBITDA contribution next year on a $32M price tag.
https://t.co/aTcRT0wcNQ