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SK Innovation to raise $920 mn for US battery plant expansion

SK Innovations battery plant under construction in Georgia, US South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 trillion won ($920 million) in a green bond issue for the companys battery plant construction in Georgia, US. The green bond issue was approved during a board meeting last month, according to industry sources on Jan. 6. The Korean companys US subsidiary SK Battery America (SKBA)...
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