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
17 April 2026

Chamonix Infrastructure: The CLO as integrated distribution

A debut project finance loan securitisation from Natixis has a fresh geographical focus. It also points to a way for banks to integrate CLOs into their distribution strategy

Perspective
24 April 2026

Panama looks at PPP, but keeps faith with receivables

Panama’s Metro Line 3 and Ruta del Este financings rely on strikingly different risk and revenue models. But together, they suggest that after a subdued spell, one of Latin...