Envision AESC UK Plant 2 Limited

AESC Sunderland Second Gigafactory - UKIB Financing

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

Deal Overview

AESC has secured £200 million ($254 million) in financing to aid the construction of its 15.8GWh gigafactory in Sunderland, which started in 2022. The factory will produce lithium-ion batteries for next-generation electric vehicles manufactured in the UK. The site will be AESC’s second...

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Deal Volume
$254m
Financial Close
29/01/2024
Dealmakers
Sources

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Project Deals

AESC Sunderland Second Gigafactory
$571.5m
Greenfield
Electric Vehicles
Europe
Europe
United Kingdom