Vulcan Energy Zero Carbon Lithium Project reaches financial close

Portland Advisers is proud to support Vulcan Energy , a pioneer in sustainable lithium and renewable energy, in advancing Europe’s energy transition. Vulcan has successfully reached Financial Close for its EUR 1.3bn debt financing package to construct Phase One of the Lionheart Project in Germany’s Upper Rhine Valley.

The project represents a major step forward for Europe’s battery value chain – combining sustainable lithium production with renewable geothermal energy to deliver a local, climate-neutral supply for the European EV and battery sector.

Portland Advisers acted as financial advisor to Bpifrance, SACE and EIFO and were delighted to supported this landmark transaction.

For further details contact Harry Philp at harry.philp@portlandadvisers.com