LG Chem Wroclaw Energy

LG Chem Electric Vehicle Battery Plant - EIB Direct Loan

Industry
Transport/Electric Vehicles
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Poland

Deal Overview

The European Investment Bank has signed a loan agreement with LG Chem Wroclaw Energy, the Polish subsidiary of the LG Chem Group which was established to develop the group’s battery production facility in Europe. The financing will be used for the construction and operation of highly automated...

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Deal Volume
$519.9m
Financial Close
26/03/2020
Dealmakers

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Tranches

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Project Deals

LG Chem Electric Vehicle Battery Plant
$1.63bn
Greenfield
Electric Vehicles
Europe
Europe
Poland