Mon, Sep 22, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

France to withdraw investment in Renault battery plant

Posted on 11 July 2011

In a significant blow to Renault’s electric vehicle battery programme, the French Strategic Investment Fund has decided to withdraw its plans to invest €125million in the project. According to reports in La Tribune, a €100million public loan will also no longer be granted.
Currently,Franceowns a 15 per cent stake in Renault which is investing €4billion, along with its alliance partner Nissan, into its electric vehicle programme……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14784 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930