SCHRODERS WILL PARTNER WITH CHINA'S CATL ON EUROPEAN BATTERY PROJECTS
- NEWS Desk Global
- 2 hours ago
- 1 min read
Schroders said on Friday it would work with Chinese battery giant CATL to explore developing projects in Europe, the latest tie-up signed between a British and Chinese firm during UK prime minister Keir Starmer's visit to Beijing.
The British money manager said in a statement its Greencoat unit had signed a strategic memorandum of understanding with CATL and Hong Kong-based private equity firm Lochpine Capital, and that the parties would work together to develop an investment platform in Europe for battery energy storage systems.
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