esVolta acquired stake in 110MWh of select project assets and contracted pipeline from Powin Energy Corporation (OTCPK:PWON) on December 11, 2017. As per the terms of acquisition, Powin Energy will receive 10% stake in esVolta. The transaction includes PPA Grand Johanna project, Don Lee BESS project, a 50% stake in Powin Energy Ontario Storage and a 10 MW/40 MWh project. esVolta completed the acquisition of stake in 110MWh of select project assets and contracted pipeline from Powin Energy Corporation (OTCPK:PWON) on December 11, 2017.