STRABAG to invest €100m in CMBlu Energy.

STRABAG, a technology and construction company agreed to invest €100m in CMBlu Energy, a company in the field of organic solid-flow batteries and a battery manufacturer. “We are very pleased about STRABAG’s investment in our company. The good and very open negotiations have shown that STRABAG and CMBlu Energy are highly complementary. As developers and producers, we can now invest into the construction and expansion of our production facilities. We will especially profit from the broad experience and execution power STRABAG has in large infrastructure projects,” Dr. Peter Geigle, CMBlu Energy Founder and CEO.