Remove Definition Remove Financing Remove Industrial Remove Industry
article thumbnail

Attis Industries to acquire corn ethanol plant, grain malting operation from Sunoco; partnership with Novozymes

Green Car Congress

Attis Industries Inc., a diversified innovation and technology holding company today, has entered into a definitive asset purchase agreement with Sunoco LP to acquire and operate its corn ethanol plant and grain malting operation in Fulton, NY. Attis expects to finance the transaction with non-dilutive financing.

article thumbnail

Iveco Group acquires full control of Nikola Iveco Europe

Green Car Congress

announced that, following the finalization of the definitive agreements with Nikola Corporation as per the terms sheet described on 9 May 2023, its subsidiary Iveco S.p.A. Iveco Group N.V.

Europe 395
article thumbnail

BNDES approves $92.5M lines of credit to support Eve’s eVTOL development program

Green Car Congress

The financing is subject to the negotiation and execution of definitive agreements between Eve and BNDES in connection with such credit lines, as well as the satisfaction of certain conditions to be set forth in such definitive agreements.

article thumbnail

Vulcan Energy and Nobian to form JV for Central Lithium Plant

Green Car Congress

Vulcan Energy Resources signed a Term Sheet agreement with Nobian GmbH (Nobian) for the formation of a 50/50 joint venture over, and equity financing of, Vulcan’s Central Lithium Plant (CLP), which forms part of Vulcan’s Zero Carbon Lithium Project ( earlier post ).

Energy 210
article thumbnail

Cummins to acquire Meritor in $3.7B deal

Green Car Congress

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Meritor is an industry leader in axle and brake technology. Under the terms of the agreement, Cummins will pay $36.50

article thumbnail

Get H2 partners propose green hydrogen pipeline in Europe

Green Car Congress

From Lingen (Emsland) to Gelsenkirchen and from the Dutch border to Salzgitter, production, transport, storage and industrial acceptance of green hydrogen are to be connected in several steps between 2024 and 2030 under the umbrella of the overall project. The current focus is on the amendment of the Energy Industry Act (EnWG).

Hydrogen 435
article thumbnail

Dongfeng Motor Group deepens partnership with Peugeot with $1.1B stake, new industrial plan

Green Car Congress

The investment also marks a strengthening and deepening of the existing industrial and commercial partnership between PSA and DFG, China’s second largest carmaker. DFG’s investment through the two successive capital increases, for a total amount of €800 million, would accompany the deepening of this historic industrial partnership.