Lyten, a lithium-sulfur battery developer, has completed the acquisition of energy storage solutions provider Northvolt’s battery business assets in Sweden, totaling nearly $5 billion in value,
Lyten Raises Over $200 Million in Equity Funding
Lyten, a lithium-sulfur battery manufacturer, has secured over $200 million in additional equity investment, bringing the total investment in Lyten to date to more than
Lyten Acquires Battery Manufacturing Operation from Northvolt
Lyten, a lithium-sulfur battery developer, announced the acquisition of Dwa Energy Storage System (ESS) manufacturing operation in Gdansk, Poland, from energy storage solutions provider Northvolt.
Hydro Acquires Remaining Shares in Battery Recycling Company Hydrovolt
Hydro, a renewable energy company, has signed an agreement with Northvolt, a battery manufacturer, to acquire Hydrovolt’s remaining shares for NOK 78 million (~$7 million).
Funding and M&A Roundup: Battery Manufacturer Northvolt Secures $5 Billion Loan
Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to expand its battery gigafactory, Northvolt Ett, in
Battery Manufacturer Northvolt Secures $5 Billion Loan
Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to expand its battery gigafactory, Northvolt Ett, in
Funding and M&A Roundup: Element Energy Secures $111 Million
Element Energy, a battery management technology company, closed $111 million in funding comprising a $73 million Series B equity investment and a $38 million debt
Battery Manufacturer Northvolt Raises $150 Million
Northvolt, a Sweden-based manufacturer of lithium-ion batteries, received around CAD 200 million (~$150 million) from CDPQ. The funding is in the form of a convertible debt, which will
Funding and M&A Roundup: FranklinWH Secures $25 Million Series B Funding
FranklinWH, a residential energy management solutions provider, secured $25 million in Series B funding led by Particle Future. The funding is expected to help the
Battery Manufacturer Northvolt Raises $1.2 Billion to Fund Expansion Plans
Northvolt, a Sweden-based manufacturer of lithium-ion batteries, has announced raising $1.2 billion in convertible notes to support its expansion plans across Europe and North America.