Forsee Power draws down €10M as part of its financing contract with the EIB – 08/12/2023 at 6:00 p.m.


Paris, December 8, 2023 – 6:00 p.m. CET – Forsee Power (FR0014005SB3 – FORSE – the “Company”), expert in intelligent battery systems for sustainable electromobility, announces the drawing of a tranche of 10 million euros from the European Investment Bank (EIB) under the credit agreement for a maximum principal amount of €50 million signed with this institution in December 2020.

Drawdown of Tranche C
As of 06/30/2023, the Company had two unused financing lines of €10 million each (Tranches C and D) contracted with the EIB.



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