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
23 December 2025

On Your Radar for 2026: The Must-Watch Trends From 2025

These trends are already shaping what 2026 will look like. Our new video recap blends expert commentary from recent articles, key data snapshots, and highlights from our event...

Perspective
09 January 2026

Genneia’s 2nd green bond: DFI support for Argentina risk

The Argentinian renewables generator deftly navigated domestic instability in pricing its second green bond. But DFI support from FMO and Proparco was a vital help in getting...