ENERGY TRANSITION

Magnis secures funding to progress New York battery production 

MAGNIS Energy Technologies' consortium Imperium3 New York has signed a term sheet for US$52 million in funding via a pre-issued European bond to fund renewable energy projects. 

Company receives US$52M 

Company receives US$52M 

  This puts it on the path for battery production after doing the heavy lifting last year of buying a battery factory in North Carolina at a fire sale rate then moving it to New York and configuring...

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