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TRIREC, Banpu NEXT and Equinor Ventures led a $20 funding round in Green Li-on.

Financials

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Transaction Value£17m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Acquisition

Singapore

Private

Completed

Diversified Industrials

cleantech

Domestic

Private Equity

Single Bidder

Friendly

Venture Capital

battery recycling

Synopsis

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TRIREC, a venutre capital firm, Banpu NEXT, an investment company. and Equinor Ventures, a venture arm of Equinor, led a $20 funding round in Green Li-on, a provider of lithium-ion battery recycling technology. “We’re excited with this strategic partnership with Green Li-ion, a leading technology developer in battery recycling solution, to address the environmental impact of end-of-life batteries in order to support circularity, quench global warming, and maximize the reuse of energy storage and resources,” Sinon Vongkusolkit, Banpu NEXT CEO.

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