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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

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Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
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Law firm Akerman launches EV infrastructure-oriented legal team – Charged EVs

Baua Electric

The multidisciplinary teams “build upon the existing capabilities of Akerman’s Data Centers and Digital Infrastructure Practice and Renewable Energy and Electric Power Practice to support clients’ multifaceted needs as a post-carbon 21st-century economy takes shape.”

Legal 52
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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

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Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

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million) Series D financing round. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. Our ultracapacitors have four times the power density of Tesla’s. Ellex Raidla acted as legal advisors to Skeleton Technologies. million (US$48.4

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ON Semiconductor to acquire Quantenna Communications; connectivity applications for industrial and automotive markets

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The acquisition significantly enhances ON Semiconductor’s connectivity portfolio and expertise in power management and Bluetooth technologies with the addition of Quantenna’s Wi-Fi technology and software capabilities. The transaction is not subject to a financing condition. —Keith Jackson, president and CEO of ON Semiconductor.

Connect 191
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Valeo acquires electric supercharger business from Controlled Power

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As part of its strategy of developing solutions to reduce CO 2 emissions, Valeo has acquired the Variable Torque Enhancement System (VTES) ( earlier post ) business of UK automotive technology development company Controlled Power Technologies (CPT). VTES will be integrated into Valeo’s Powertrain Systems Business Group with immediate effect.

Power 326
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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

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Düsseldorf, Germany-base E.ON, one of the world’s largest investor-owned power and gas companies, is adopting a new strategic direction under which is will split itself in two. has established leading positions in conventional power generation in Europe and Russia. will therefore take the necessary legal steps to combine these units.

Power 244