Magnetar Investment Supports Torus' Deployment of Modular Power Plants

Torus, a full-stack energy platform offering storage, management, security, and generation solutions, on September 9 announced a $200-million investment by Magnetar, an alternative asset manager. The investment is expected to accelerate the deployment of Torus' proprietary modular power plants for utilities, data centers, and commercial and industrial customers across the U.S. Torus builds small, inertia-based hybrid energy systems that combine the power of mechanical flywheels with the duration of batteri ...