KORE Power Acquires Northern Reliability (NRI) and Launches KORE Solutions

KORE Power has acquired Northern Reliability (NRI) and launched KORE Solutions, a new division that combines KORE's battery cell manufacturing with NRI's nearly 50 years of energy-storage engineering and project development experience. The deal creates a vertically integrated U.S. energy storage integrator, will add 25 positions in Waterbury, Vermont, and makes NRI's president Jay Bellows President of KORE Power; terms were not disclosed.