Altech – Appointment of KPMG as Adviser for Cerenergy® Financing Phase

Highlights

Commenting on the appointment, Altech’s Chief Financial Officer Martin Stein stated “Altech has battery technology in CERENERGY® that has the potential to be revolutionary as the world transitions to a renewable energy future. Altech has the worldwide rights to manufacture, license and distribute the battery globally. In appointing KPMG with its global network, strong reputation and credibility, Altech believes that KPMG will greatly assist with the financing process for its 120MWh CERENERGY® battery plant in Germany and will strengthen Altech’s position in securing the finance required”.

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