BeyondNetZero, GIC, Just Climate and Porsche to make a $325m investment in ABB E-mobility.

BeyondNetZero, a climate solutions fund of General Atlantic, GIC, a global institutional investor and Singapore’s sovereign wealth fund, Just Climate, a climate-led investment firm, and Porsche, a holding company with investments in the areas of mobility and industrial technology, agreed to make a $325m investment in ABB E-mobility, a global company in electric vehicle charging solutions. “We are delighted to see investors sharing our strong confidence and trust in the E-mobility business growth story. Furthermore, ABB remains committed to our strategy to separately list the business subject to constructive market conditions,” Björn Rosengren, ABB CEO.