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Magnis' battery venture in New York attracts big funding

Production previously expected 12 months after funding finalised

Michael Quinn
EVs are seen as by Magnis as a key driver of its future success

EVs are seen as by Magnis as a key driver of its future success

The funding is "via a pre-issued European bond used to fund renewable energy projects", with a coupon rate of 5.35% per annum and interest only payments for the first three years of the total 13-year term....

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