Torus, a Utah-based energy storage solutions provider, has secured a $200 million investment from Magnetar, an alternative asset manager, to accelerate the deployment of its modular hybrid power plant solutions. The new funding will also fuel the expansion of GigaOne, Torus’ 540,000-square-foot manufacturing campus in Salt Lake City, which is designed to reach a production capacity of over 1 GW per quarter within three years.