News
12 February 2024

ACC secures €4.4bn ECA-backed funding for 3 gigafactories

In:
Metals and Mining, Transport
Region:
Europe

Automotive Cells Company has closed a €4.4 billion (around $4.7 billion) ECA-backed debt raising to help finance three gigafactories for lithium-ion battery cell production in France, Germany, and Italy. The financing, which will also be used for R&D, is fully underwritten by BNP...

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
11 August 2025

ECAs look to advance blended finance agenda as development...

The fourth edition of the UN International Conference on Financing for Development at last recognised the role played by ECAs in development. Moment is building around the...

Perspective
15 August 2025

Solving West Africa’s cocoa conundrum

West African cocoa production has been in decline amid poor yields and falling demand. But the Africa Cocoa Exchange aims to return cocoa pricing power to Africa, improve...