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Flatiron Energy has secured approximately $850 million in financing commitments for its 1,200 MWh Energizar battery energy storage project in Chelsea, Massachusetts, advancing one of the largest planned urban battery storage facilities in the United States to strengthen Boston's electricity grid reliability and support peak power demand by 2027. Representative image.

Flatiron Energy closes $850m financing for 1.2 GWh Boston battery storage project

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Why next-generation MDMA therapeutics are becoming the new battleground in psychedelic biotech

Why next-generation MDMA therapeutics are reshaping psychedelic biotech strategy, investor expectations, and commercialization competition.

bySoujanya Ravi

May 22, 2026

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