Announced
Completed
Financials
Tags
Electronic Components and Equipment
Minority
battery cell technologies
Cross Border
Completed
Private
Acquisition
United Kingdom
Single Bidder
Friendly
Synopsis
Glencore, a commodity trading and mining company, completed the investment in Britishvolt, UK’s investor in lithium-ion battery cell technologies and associated R&D. Financial terms were not disclosed. “This is a huge step in the right direction for Britishvolt as we look to accelerate the transition to a low carbon society. By partnering with Glencore, we are locking in supply and derisking the project," Orral Nadjari, Britishvolt CEO and Founder.
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