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- Infrastructure and Sustainable Finance
- General Sustainability
EUR185m Sinosure buyer credit facility for an EV Battery Manufacturing Plant in Hungary
HSBC supported EVE Energy Co. Ltd. and Sinosure with a EUR 185m financing to support the development of EVE Power Hungary Kft’s 30GWh lithium-ion battery cell manufacturing plant in Debrecen, Hungary. As Sole Global Coordinating Arranger, Sole Green Loan Coordinator, Sole Mandated Lead Arranger and Facility Agent, we’re proud to enable EVE Energy’s clean transportation ambitions for their first Export Credit Agency-covered transaction.
Once complete, the plant is expected to represent EVE Energy’s first step in localization to support low carbon transition in Europe, strengthening resilience through integration with the local battery supply chain.
This deal accessed our dedicated credit facility for low carbon sector companies in mainland China, helping EVE Energy to scale internationally.
EVE Energy, founded in 2001 and headquartered in Huizhou, China, is the 2nd largest ESS battery supplier globally by shipment and the 6th largest power battery supplier globally by shipment in 2025.
