Ener1 Receives Commitment for $65M Equity Investment; Negotiating with DOE on Low Interest ATVMP Loan
Green Car Congress
JUNE 1, 2010
parent of Li-ion manufacturer EnerDel, has executed an agreement with its principal shareholder, Ener1 Group, an investment vehicle established by Russian industrialist and entrepreneur Boris G. Ener1, Inc., Zingarevich, for the purchase of common stock and warrants for $65 million. The investment is expected to close later this week.
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