Sec Form 13G Filing - Electron Capital Partners LLC @ Eos Energy Enterprises Inc.

Sec Form 13G Filing - Electron Capital Partners LLC filing for Eos Energy Enterprises Inc. (EOSE) - 2022-09-30

Insider filing report for Changes in Beneficial Ownership

Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*

Eos Energy Enterprises, Inc.

(Name of Issuer)

Common Stock, $0.0001 par value per share

(Title of Class of Securities)

29415C101

(CUSIP Number)

September 21, 2022

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

*	The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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Item 1(a).		Name of Issuer:

		Eos Energy Enterprises, Inc. (the “Issuer”)

Item 1(b).		Address of Issuer’s Principal Executive Offices:

		3920 Park Avenue, Edison, NJ 08820

Item 2(a).		Names of Persons Filing:

The names of the persons filing this report (collectively, the “Reporting Persons”) are:

		Electron Capital Partners, LLC (the “Adviser”)
		James O. Shaver (“Mr. Shaver”)
		Electron Global Master Fund, L.P. (the “Global Fund”)
		Electron GP LLC (the “Global Fund GP”)
		Electron Infrastructure Master Fund L.P. (the “Infrastructure Fund”)
		Electron Infrastructure GP, LLC (the “Infrastructure Fund GP”)

Item 2(b).		Address of Principal Business Office or, if None, Residence:

The address of the principal business office of each of the Reporting Persons is:

		10 East 53rd Street, 19th Floor
		New York, NY 10022

Item 2(c).		Citizenship:

		The Adviser is a Delaware limited liability company
		Mr. Shaver is a United States citizen
		The Global Fund is a Cayman Islands limited partnership
		The Global Fund GP is a Delaware limited liability company
		The Infrastructure Fund is a Cayman Islands limited partnership
		The Infrastructure Fund GP is a Delaware limited liability company

Item 2(d).		Title of Class of Securities:

		Common Stock, $0.0001 par value per share (“Common Stock”)

Item 2(e).		CUSIP Number:

		29415C101

Item 3.		If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

		Not applicable.


Item 4.		Ownership.

		The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover pages to this Schedule 13G. The ownership percentages reported are based on 59,650,960 outstanding shares of Common Stock, as reported in the Issuer’s Form 10-Q filed on August 1, 2022.

		The Adviser serves as the investment manager to each of the Global Fund, the Infrastructure Fund and several managed accounts (the “Managed Accounts”). The Global Fund directly holds 1,903,099 shares of Common Stock. The Global Fund GP is the general partner of the Global Fund. The Infrastructure Fund directly holds 1,191,294 shares of Common Stock. The Infrastructure Fund GP is the general partner of the Infrastructure Fund. The Managed Accounts directly hold 82,601 shares of Common Stock. The Adviser may be deemed to beneficially own such shares. Mr. Shaver is the managing member of the Adviser and may be deemed to beneficially own such shares.

Item 5.		Ownership of Five Percent or Less of a Class.

		If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.

Item 6.		Ownership of More than Five Percent on Behalf of Another Person.

		Not applicable.

Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

		Not applicable.

Item 8.		Identification and Classification of Members of the Group.

		Not applicable.

Item 9.		Notice of Dissolution of Group.

		Not applicable.

Item 10.		Certification.

		By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: September 30, 2022


ELECTRON CAPITAL PARTNERS, LLC

By:		/s/ Aaron Keller
		Name: Aaron Keller
		Title: Authorized Signatory

/s/ James O. Shaver
JAMES O. SHAVER

ELECTRON GLOBAL MASTER FUND, L.P.

By:		Electron GP LLC

By:		/s/ Aaron Keller
		Name: Aaron Keller
		Title: Authorized Signatory

ELECTRON GP LLC

By:		/s/ Aaron Keller
		Name: Aaron Keller
		Title: Authorized Signatory

ELECTRON INFRASTRUCTURE MASTER FUND L.P.

By:		Electron Infrastructure GP, LLC

By:		/s/ Aaron Keller
		Name: Aaron Keller
		Title: Authorized Signatory

ELECTRON INFRASTRUCTURE GP, LLC

By:		/s/ Aaron Keller
		Name: Aaron Keller
		Title: Authorized Signatory

NAMES OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  Electron Capital Partners, LLC

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) ☐ (b) ☐

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware