Trafigura announces plans to invest up to EUR30 million to develop a battery energy storage system at Nyrstar’s Balen site in Belgium

Development Battery Storage announced Belgium Jan 1, 2021

EUR30M

Deal Value

Trafigura plans to invest up to EUR30 million to develop a battery energy storage system at Nyrstar’s Balen site.

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Counterparts (2)

Developer

Nala Renewables

company · 1 deals

Nala Renewables is a global power and renewable energy investment platform focused on generating sustainable and clean power using onshore wind, solar PV and battery storage. It was founded in 2020 and aims to grow its portfolio to 10GW by 2030.

Investor

Nyrstar is a global multi-metals business, with a market leading position in zinc and lead. Nyrstar has mining, smelting and other operations located in Europe, the United States and Australia and employs over 4,000 people.

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Timeline

Announced

Jan 1, 2021

Signed

Closed

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