Welsh Government looking to back mass production plans from hydrogen car venture Riversimple

Having recently entered into a memorandum of understanding with Siemens focused on regional skills development, sustainability, and preparation for mass production, Welsh Government has also confirmed it is exploring further support to Riversimple.

The company is seeking to raise £150m to commence volume production and bring its hydrogen-powered vehicles to market.

Gambit Corporate Finance LLP is mandated as lead financial adviser to Riversimple on its latest capital raise.

To read the full news story, please click here.

Share on:

Subscribe to receive our latest sector bulletins, thought leadership articles, deal completion reports and newsletters.

Read another insight

Gambit Corporate Finance LLP, has experienced a busy period in the past fortnight, announcing 4 transactions across the UK with...
Cwmtillery Glass Centre (CGC), one of the UK’s largest independent manufacturers of insulated glass units and toughened glass has been...
Trusted Data Solutions (TDS), the foremost expert in legacy data management, has sold its Communications Compliance Practice to Kerv. The...

Search Gambit Corporate Finance