News
09 September 2024

Ara closes financing for US magnet manufacturing

In:
Manufacturing & equipment
Region:
Americas

Private equity firm Ara Partners has closed a $335 million non-recourse financing for a first-of-its-kind US permanent magnet manufacturing facility.The project will be undertaken by Ara Partners and its portfolio company Vacuumschmelze (VAC), which it acquired via its $2.8 billion Ara Fund III. The...

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
28 May 2026

Rock Rail NnW: Battery ROSCO combines banks and bonds

John Laing’s €800 million battery-electric ROSCO marks its return to German greenfield PPP. The deal combines a straightforward payment regime with some technology and...

Perspective
03 June 2026

Gatún: AES and InterEnergy go long in Panama

A strong commercial package and generous rating treatment allowed the refinancing of the Gatun CCGT to reach a record maturity for Central America.