News
11 August 2021

Welsh development bank suffers biggest equity loss

Region:
Europe

The collapse of a next generation battery technology firm, which promised to create hundreds of jobs at a factory in Port Talbot, has resulted in the biggest equity investment loss for the Development Bank of Wales.Oxis Energy was developing lithium sulfur rechargeable batteries for use in a wide...

Exclusive subscriber content…

If you are a TXF 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 TXF Intelligence contact us

Request Access

You might also like


Perspective
20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...

Perspective
24 April 2026

Jabiru-1: Who’s out of orbit?

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks as part...