News
13 October 2023

€450m for AESC's electric battery gigafactory in Douai

In:
Transport
Region:
Europe

The EIB, with support from InvestEU, is investing €450 million ($474 million) in the construction of Automotive Energy Supply Corporation's (AESC) €1.3 billion electric battery gigafactory project in Douai, France.AESC will start operations at the gigafactory from 2025. EIB’s...

Exclusive subscriber content…

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

Login

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

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
04 July 2025

FLIQ2: Liquidity abounds for US LNG

The FLIQ2 refinancing offered the project's sponsors an effective means of recycling capital, as liquidity for US LNG projects remains strong.

Perspective
10 July 2025

Ionity's take on EV charging bankability

Ionity has closed one of the largest EV charging financings globally and is backed by deep-pocketed shareholders, many of which are car manufacturers. The company relies...