Announced

BBVA and NATIXIS completed a $300m investment in Polestar.

Synopsis

BBVA, a bank providing retail, wholesale, and investment banking services, and NATIXIS, a corporate and investment bank, completed a $300m investment in Polestar, a company specializing in electric cars. “These transactions significantly enhance our liquidity position and help strengthen our balance sheet. We are grateful for the continued support shown by Geely Holding and their confidence in Polestar’s vision,” Michael Lohscheller, Polestar CEO.

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