Envision AESC UK Plant 2 Limited

AESC Sunderland Second Gigafactory - Additional Financing

Industry
Manufacturing & equipment/EV factory
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
United Kingdom

Deal Overview

AESC has secured £1 billion ($1.4 billion) in funding for a new gigafactory in Sunderland to manufacture batteries for 100,000 electric vehicles annually. The plant will ultimately be able to provide up to 15.8GWh battery supply when operating at full capability, representing an almost...

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Deal Volume
$1.31bn
Financial Close
04/12/2024
Dealmakers

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Tranches

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Project Deals

AESC Sunderland Second Gigafactory
$1.9bn
Greenfield
EV factory
Europe
Europe
United Kingdom