UK’s giant battery factory developer looks for SPAC deal


The company has appointed Barclays Plc and Guggenheim Capital LLC as advisers to look into options including listing in the United States through a merger with a special purpose acquisition company, or SPAC, Orral Nadjari, founder and chief executive officer of Britishvolt, said in an interview. The deal could be announced as soon as the end of this quarter, he said.

LONDON: Britishvolt Ltd, the developer of the first giant battery factory in the UK, is considering going public.

The company has appointed Barclays Plc and Guggenheim Capital LLC as advisers to look into options including listing in the United States through a merger with a special purpose acquisition company, or SPAC, Orral Nadjari, founder and chief executive officer of Britishvolt, said in an interview.

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Britishvolt , Barclays Plc , battery , factory , SPAC ,

   

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