KSP invests $100mln in Canada’s Li-Cycle

Canada-based Li-Cycle Holdings will receive $100 million from Koch Strategic Platforms (KSP), a subsidiary of Koch Investments Group, to support its growth opportunities in North America, Europe and Asia, the lithium-ion battery recycler announced on Wednesday September 29.

Li-Cycle and Koch Industries will explore “opportunities to accelerate Li-Cycle’s global growth strategies,” the company said. This includes potentially working with Koch Engineered Solutions (KES) on “commercial opportunities to support the global deployment of incremental Spoke facilities” and to “enhance execution and operational readiness” for Li-Cycle’s...

Published

Yasemin Esmen

October 01, 2021

18:04 GMT

New York