e-VAC Magnetics

Ara Partners Magnet Manufacturing Project - Financing

Borrower(s)
e-VAC Magnetics
Industry
Manufacturing & equipment/Manufacturing
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Private equity firm Ara Partners has closed a $335 million non-recourse financing for a first-of-its-kind US permanent magnet manufacturing facility.The deal advances the US domestic supply chain for electric vehicles, aerospace and defence as well as renewable energy.

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Deal Volume
$335m
Financial Close
05/09/2024
Dealmakers
Sources

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Project Deals

Ara Partners Magnet Manufacturing Project
$335m
Greenfield
Manufacturing
North America
North America
United States