Lg acquires nec solar container

LG Energy Solution, the battery technology arm of South Korea’s LG Group, has completed its acquisition of 100% ownership in battery energy storage system (BESS) integrator NEC ES. The takeover will see NEC ES relaunched as LG Energy Solution Vertech Inc and will give its new parent company a. South Korean lithium-ion battery manufacturer LG Energy Solution (LG ES) has taken over US-based sector player NEC Energy Solutions from NEC Corporation (TYO:6701) for an undisclosed sum. The news was unveiled on Friday by BDA Partners, which served as the exclusive financial advisor to LG on the.