UK’s Zenobe Gets Fresh Financing, Taking Total to £1 Billion
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UK power storage company Zenobe Energy Ltd. has secured £410 million ($524 million) of fresh debt financing, taking its total funding to £1 billion.
The company, which specializes in electricity storage, wants to use the funds to build out its electric transport business and have more than 2,000 electric buses in the UK and Ireland by 2026.