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Clifford Chance Advises EBRD on Financing Elemental Holding’s Car Battery Recycling Plant

Clifford Chance Advises EBRD on Financing Elemental Holding’s Car Battery Recycling Plant

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The Warsaw office of Clifford Chance has advised the EBRD on its provision of an unspecified loan to Elemental Holding S.A. for the construction of a recycling facility in Poland.

According to Clifford Chance, “the plant will treat spent lithium-ion batteries for electric vehicles and other waste containing metals that are critical for e-mobility… [and] it will be the first facility of its kind in the European Union and one of the first in the world.”

Elemental Holding is a Polish recycler of platinum-group metals and electrical waste. The company has operations in Poland and across Europe, the Middle East, and the US.

Clifford Chance’s team included Partners Andrzej Stosio, Wojciech Polz, and Jared Grubb, Counsels Piotr Bogdanowicz and Pawel Puacz, Senior Associates Kacper Bardan, Joanna Kaminska, Michal Przybysz, Katarzyna Kuchta, and Associates Bartosz Zielinski, Adrian Krol, Arkadiusz Walkowicz, and Artur Gladysz.

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