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14 Apr
15:49

BNP Paribas invests in Israeli fuel cell company

Israel fuel cell producer GenCell Energy is accelerating development by completing a fundraising round of over $16 million. The funds are provided by a pool of investors led by BNP Paribas, Kallanish learns from a source close to the French bank. BNP Paribas invested in the company through its Energy Transition fund. “BNP Paribas Energy Transition Fund led the round with $8 m. The remainder of the round was completed by respected international fun…
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