Business Paid
Canadian Fund Revives Opole Battery Project
18:39
Canadian private equity fund Kinterra Capital has acquired a stalled battery materials project near Opole, reviving plans abandoned after US investor Ascend Elements went bankrupt. Kinterra paid PLN 70 million for approximately 44 hectares of industrial land in Wrzoski, after the city waived its preemption right. The acquisition marks the fund’s first European investment.
This article is for subscribers
Warsaw Business Journal subscribers get the full archive (12,248 articles going back to 1995) and the print edition.
SubscribeOr try Poland A.M. free for 7 days, the daily briefing, or see all plans and prices.
