Russian Investor Ups Stake in EnerDel
The owner of Indianapolis battery maker EnerDel has received a $65 million cash injection from its main shareholder, a firm tied to Russian billionaire Boris Zingarevich.
EnerDel’s owner, New York-based Ener1 Inc., this morning announced the agreement had been executed with Ener1 Group.
The agreement calls for a capital commitment through the purchase of $65 million worth of Ener1 Inc. stock and warrants by Ener1 Group.
The deal comes as EnerDel ramps up a new plant in Greenfield to supply lithium-ion automobile batteries and prepares to run a new plant in China.
|<< PREVIOUS||NEXT >>|
blog comments powered by Disqus