Business Feb 22, 2017

Bankers bet on big batteries that could revolutionize power grids

The idea that giant batteries may someday revolutionize electrical grids has long enthralled clean-power advocates and environmentalists. Now it's attracting bankers with the money to make it happen. Lenders including Investec PLC, Mitsubishi UFJ Financial Group Inc. and Prudential Financial Inc. are looking to finance ...