Tier-2Listed Company

Updated

Aug 31, 2026

Compare

Annual production capacity

20+

GWh/yr · vendor-reported

Bankability influence

Neutral

Company Size

Middle

300-1000 headcount

Vertical integration

High

Company Overview

LG Energy Solution Vertech, founded in 2017 and based in Westborough, Massachusetts, is LG Energy Solution’s US energy storage division. LG Energy Solution bought the company in 2022 and added US ESS system integration and battery installation to its manufacturing business, with 19 GWh of integrated US energy storage projects installed, under construction, or under contract, and 30 GWh of energy storage batteries deployed, ordered, or under contract worldwide.

Headquarters

Westborough, United States

Legal entity

LG Energy Solution Vertech, Inc.

IPP / offtaker customers

CPS Energy, DTE Energy, OCI Energy, Qcells, Excelsior Energy Capital

Integration footprint

United States

Production scale

20+ GWh/yr

Adjacent product lines

O&M / services, software

Major Shipment Regions
North AmericaLatin AmericaEuropeCentral Asia & CISMiddle East & North AfricaSub-Saharan AfricaSouth AsiaEast AsiaSoutheast AsiaOceania
Major
North America Major
Latin America Major
Europe Major
Central Asia & CIS Major
Middle East & North Africa Major
Sub-Saharan Africa Major
South Asia Major
East Asia Major
Southeast Asia Major
Oceania Major

Major presence in North America, Latin America, Europe, Central Asia & CIS, Middle East & North Africa, Sub-Saharan Africa, South Asia, East Asia, Southeast Asia, and Oceania.

Financial Health

Bankability influenceNeutral

Derived from the five sub-metrics below — 2 suboptimal · 1 healthy · 2 moderate.

Balance-sheet strengthSuboptimal
ProfitabilityHealthy
LeverageSuboptimal
LiquidityModerate
Cash-flow riskModerate

Reference Project

Project

Eversource Cape Cod 24.9 MW / 38 MWh BESS microgrid ; Wellfleet substation, Wellfleet, Cape Cod, Massachusetts, United States

Coordinates41.93761° N, 70.03280° W

Cell & System Architecture

Cell chemistry

Lithium-ion

Cell format

Pouch

Named chemistries

LFP

Block architecture

AC BlockDC Block

Application segments

Grid-Scale

Corporate & Listing

Parent Company

LG Energy Solution, Ltd.

373220.KS

Parent Company of LG Energy Solution Vertech is LG Energy Solution, Ltd. — LG Energy Solution Vertech is not separately listed; the exchange listing belongs to the other legal entity.

Company typeListed Company
Company sizeMiddle (300-1000)

Share price of LG Energy Solution, Ltd. (373220.KS), not LG Energy Solution Vertech.

Recent Developments

LG Energy Solution Vertech signed a multiyear deal with Qcells to supply 5 GWh of US-made BESS products and lifecycle services for projects planned from 2028 to 2030. It also targets delivery of 50 GWh of US BESS projects in 2026.

Certifications

Management Systems (ISO)

ISO 9001ISO 14001ISO 45001ISO 27001ISO 50001ISO 22301ISO 37301

ESG & Sustainability

LG Energy Solution Vertech, the energy storage division of LG Energy Solution, reports an S&P Global ESG score of 66, a Sustainalytics risk score of 24.1, and a CDP Climate Change rating of A-. Its parent company also reports a science-based emissions target, recycling and circular economy efforts, and supplier ESG audits aligned with Responsible Business Alliance standards.

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LG Energy Solution VertechGrid-Scale BESS

ProductEnergyPowerDurationC / P rateChemistryBlock
JF2 2HR AC LINK5.11 MWh2.55 MW AC2 h0.5LFPAC Block
JF2 4HR DC LINK5.11 MWh4 h0.25LFPDC Block
JF2 4HR AC LINK5.11 MWh1.32 MW AC4 h0.25LFPAC Block

Compare to Other Vendors

All vendors

This vendor

LG Energy Solution Vertech

LG Energy Solution Vertech

TierTier-2
HQWestborough, United States
Capacity20+ GWh
TierTier-2
HQColumbus, United States
Capacity1-2 GWh
TierTier-2
HQUnited States
Capacity2-20 GWh
TierTier-2
HQCharlotte, United States
Capacity0.2-1 GWh
TierTier-2
HQGrand Prairie, United States
Capacity0.2-1 GWh

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This vendor profile is assembled exclusively from public data to support early-stage screening and requires additional due diligence.

Always confirm these terms and technical specifications directly with the vendor and project stakeholders. Reflect all agreed-upon details in the legal agreements before making any investment decisions.

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