Staff Reporter
,
Singapore
Find out what they'll use it for.
According to Bloomberg, Intelligent Energy Holdings Plc, a U.K. fuel-cell manufacturer that works with Suzuki Motor Corp., received $63 million from Singapore’s sovereign wealth fund to expand in consumer electronics.
"Intelligent Energy sold about 15 million new ordinary shares to wealth fund GIC Pte at 2.50 pounds ($4.12) apiece, the company said today in an e-mailed statement. The proceeds will finance growth in both electronics and Indian power generation," Bloomberg said.
Here's the full article.
Join Asian Power community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!