News
28 October 2022

SK On secures $2bn for Hungarian gigafactory

In:
Power, Transport
Region:
Europe

The Export–Import Bank of Korea, Korea Trade Insurance Corporation, Euler Hermes, and a consortium of international commercial banks agreed a $2 billion financing for SK On’s latest Gigafactory plant in Ivancsa, Hungary.The debt facility is pursuant to the battery maker’s long term...

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