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nickto

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From stockhouse board

posted on Dec 11, 2014 03:20PM

So seems some were right to bet on European plant aquisition, not A123 in Michigan.

Dec.9/2014 Bernard Fleet stated on Seeking Alpha that EFL is plannig to acquire what is the largest battery plant in Europe. He also states that it maybe larger then any battery plant in North America. The terms of the confidentiality agreement prevents EFL from disclosing the name of the owner or the acquisition price.

http://seekingalpha.com/article/2742905-electrovaya-plans-to-acquire-a-0_5-gigawatt-hour-capacity-lithium-ion-battery-plant-creating-a-transformational-acquisition

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