11.01.2023 r.
Elemental Holding Group has successfully completed a USD 290 million equity private placement from a group of international financial institutions: IFC - International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD) and the Polish Development Fund (Polski Fundusz Rozwoju S.A. (PFR)).
This capital will be committed to funding the Company’s exciting pipeline of growth projects, accelerating its global acquisition strategy, and securing funding for general corporate purposes.
Pawel Jarski, CEO of Elemental Holding, commented: "With our large existing metals recycling footprint and attractive growth pipeline, Elemental is uniquely positioned to benefit from global decarbonization megatrends such as the increased focus on circular economy and recycling, the shift to electric vehicles, and the need to build local supply chains of critical minerals."
👉🏻 Elemental Holding Secures US$290 Million Equity Investment from IFC, EBRD, and PFR
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