Verkor has received the support of the European Investment Bank, securing the financing of its technological and innovation centre in Grenoble, France which is coming to completion the first half of 2023. This latest mechanism mobilises Verkor’s solid financial ecosystem of industrial partners in the battery sector, commercial banks, investment funds, and public banks. The […]
The European Commission will hold a press conference and present the outcome of the 5th EBA Ministerial Meeting on Friday 12 March at 11:30 CET. All interested parties can follow the press conference via the following link: https://audiovisual.ec.europa.eu/en/ebs/1/20210312. Speaking at the press conference: Maroš ŠEFČOVIČ, Vice-President of the European Commission in charge of Interinstitutional relations
European Commission Press Conference – EBA Ministerial Meeting Read More »
The European Investment Bank (EIB) has signed a €125M loan with Umicore to finance the construction of a cathode material manufacturing facility in Poland. The cathode materials will be supplied to battery manufacturers of lithium-ion batteries for electric vehicles. This will also result in creating around 350 full-time jobs. The EU sees the transition to
Umicore secures EIB loan of €125M for battery components factory in Poland Read More »
The European Investment Bank (EIB) announces in-principle loan agreement to the Swedish start-up Northvolt. Founded in 2016, Northvolt is expected to receive a loan of 350 million euro – EIB’s largest ever direct financing of battery technology. This financing will support the construction of its large-scale lithium-ion battery cells manufacturing plant in Skellefteå, Sweden. A
Northvolt could secure a 350M euro loan from the European Investment Bank Read More »