Norton Rose Fulbright advises ProLogium on strategic investment by POSCO

Global Press release - Business maio 2022

Global law firm Norton Rose Fulbright has advised ProLogium Technology (“ProLogium”) on a USD investment by POSCO Holdings (“POSCO”) in its business to supply and develop core materials for next-generation battery cells for electric vehicles. 

ProLogium is a global leader in innovative next generation battery technologies for vehicle, consumer and industrial applications. The cooperation between ProLogium and POSCO will co-develop cathode materials, silicon cathode materials, solid electrolytes for solid-state batteries, and establish a global supply system.

The Norton Rose Fulbright team was led by Hong Kong private equity and M&A partner Peggy Wang. Peggy also led the team in relation to the strategic investment made by Mercedes-Benz in ProLogium earlier in the year.

Peggy Wang commented: “We’re delighted to assist ProLogium on another notable investment that will have a significant impact on the growth of the EV industry. This transaction marks our continued support of our clients as they navigate and drive the energy transition.” 

 

For further information please contact:

Ruth Ng, Marketing and Communications Executive, Asia

Tel: +852 3405 2413  Cell: +852 6462 3662