Direct Investments

Completion of the sale of Faradion | Interview with James Quinn

Mercia Asset Management PLC is pleased to confirm completion of the sale of Faradion Limited for a total enterprise value of £100.0million to Reliance New Energy Solar Limited, a wholly owned subsidiary of India-based Reliance Industries Limited, the multinational conglomerate.

CEO, James Quinn tells us more about the product and how Mercia’s support has seen the Sheffield-based world leader in sodium-ion battery technology is going from strength to strength.

Read the RNS here