News
10 January 2025

NextStar secures $1.3bn ECA-backed loan

In:
Manufacturing & equipment
Region:
Americas
By Ralph Ivey

NextStar Energy has secured a $1.34 billion ECA-backed financing to support the construction of an EV battery manufacturing plant. The five-year facility closed in December 2024.Export Development Canada is responsible for the majority of the ticket with an $844 million direct loan. Citibank acted...

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