Australian startup Recharge to buy failed Britishvolt
Recharge Industries will simultaneously work on Britishvolt’s planned “gigafactory” in England and a plant in Australia.
Stay updated with breaking news from Scale Facilitation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Recharge Industries will simultaneously work on Britishvolt’s planned “gigafactory” in England and a plant in Australia.
Australian start-up Recharge Industries emerges as likely new owner of North East battery megaproject.
Britishvolt could be bought out of administration by Recharge Industries which is the Australian subsidiary of the Californian fund Scale Facilitation
An Australian firm has been selected as the preferred bidder to take over the majority of Britishvolt, which fell into administration last month.
Recharge was selected as the preferred bidder to take over the majority of the business, which collapsed into administration last month.