Stryten Energy Acquires C&D Trojan with $650 Million Financing Led by Silver Point Capital
Stryten Energy's Acquisition of C&D Trojan: A $650 Million Financing Deal
On October 1, 2026, Stryten Energy, a significant player in the energy storage sector, finalized the acquisition of CD Technologies, Inc. and Trojan Battery Company, collectively known as CD Trojan. The deal, valued at $650 million, was underpinned by financing led by Silver Point Capital, a renowned firm specializing in credit investments. This acquisition marks a pivotal point in the battery manufacturing landscape, especially in the realms of transportation, industrial applications, and military use.
The Financing Framework
Silver Point Capital's Direct Lending unit spearheaded this substantial financing effort. The firm not only provided the required capital but also managed the syndication of the financing among a mix of existing and new lenders. Anthony DiNello, the Head of Direct Lending at Silver Point, expressed confidence in the strategic importance of the combined entity. "This partnership forms one of the most extensive battery manufacturing platforms in North America," he stated. The newly formed company boasts 18 operational manufacturing and component facilities strategically located across the United States, Mexico, and China.
Enhancing Manufacturing Capabilities
The synergy created by this merger allows Stryten Energy to leverage CD Trojan's strong market presence and innovative technology. Stryten has established a reputation for addressing critical energy challenges through a variety of energy storage solutions, while CD Trojan brings over two centuries of expertise in deep-cycle battery technology. Together, they are expected to enhance performance across multiple sectors, including essential power applications, military needs, and various transportation modes.
CD Trojan, based in Horsham, Pennsylvania, specializes in stationary and specialty motive batteries. Its products are essential for critical applications within data centers, telecommunications, and renewable energy sectors. Their expertise in manufacturing batteries for diverse usages, such as golf carts and electric vehicles, adds depth to Stryten’s existing portfolio.
Future Directions for Stryten Energy
Looking forward, Stryten Energy aims to expand its influence in the energy storage market, positioning itself as a leader in providing reliable energy storage solutions globally. With their headquarters in Alpharetta, Georgia, they are well-positioned to innovate and respond to the growing demands for sustainable energy technologies. The company's offerings include intelligent chargers and advanced battery technologies, which are vital in keeping various modes of transportation functional and efficient.
The acquisition and the corresponding financing signify a transformative event for Stryten Energy as it prepares to evolve into one of the most comprehensive energy storage companies in North America. This move not only serves to enhance their operational capabilities but also reinforces their commitment to quality and innovation in the energy sector.
Conclusion
The partnership between Silver Point Capital and Stryten Energy exemplifies a well-structured financial maneuver designed to create substantial market impact. By integrating CD Trojan’s resources and capabilities, Stryten is poised for growth while continuing to meet the increasing demands for efficient and sustainable energy solutions.