ACC secures €4.4bn ECA-backed funding for 3 gigafactories

In:

Metals and Mining, Transport

Region:

Europe

Automotive Cells Company has closed a €4.4 billion (around $4.7 billion) ECA-backed debt raising to help finance three gigafactories for lithium-ion battery cell production in France, Germany, and Italy. The financing, which will also be used for R&D, is fully underwritten by BNP...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Asia’s energy transition: Do the ECA numbers match the PR?

Perspective

13 September 2024

Asia’s energy transition: Do the ECA numbers match the PR?

ECA-backed volumes in Asia, Asia-Pacific and Australasia are growing strongly, after a COVID-related dip in 2021. But traditional sectors like oil & gas still dominate, and...

TXF Asia 2024 attendees: Credit where it's due

Perspective

17 September 2024

TXF Asia 2024 attendees: Credit where it's due

The list of companies attending TXF Asia 2024 comprises a diverse pool of practitioners from across the export, development and project finance space. There is no gulf in the...

Must See

EDC’s Lavery on creating a legacy of no wrong doors to export finance support

Expert opinion

12 September 2024

EDC’s Lavery on creating a legacy of no wrong doors to export finance support

Mairead Lavery at EDC is coming to the end of her term as CEO. She discusses changes in her philosophy, the need for reform of Common Approaches, and creating a robust Bretton Woods-style legacy for another 80 years of ECA support amid geopolitical challenges. Read more about legacy, relationships, integrity (and having fun).

Perspective

13 September 2024

Asia’s energy transition: Do the ECA numbers match the PR?

ECA-backed volumes in Asia, Asia-Pacific and Australasia are growing strongly, after a COVID-related dip in 2021. But traditional sectors like oil & gas still dominate, and progress in renewables remains patchy.

Perspective

17 September 2024

TXF Asia 2024 attendees: Credit where it's due

The list of companies attending TXF Asia 2024 comprises a diverse pool of practitioners from across the export, development and project finance space. There is no gulf in the seniority of the delegation from the top to the bottom of the roster.