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

Computerised & Digital Security Systems (CDS), a leading UK provider of bespoke security systems has been sold to Johnson Controls...
Gambit’s Software and IT Services (SITS) Q3 Market Review evidences resilient SITS M&A activity in the face of increasingly challenging...
Gambit Corporate Finance is pleased to publish its latest Succession Planning bulletin which emphasises the need for businesses to adopt...

Search Gambit Corporate Finance