Project Stage: Exploration, Development
Commodities: Battery Materials, Lithium, Cobalt, Graphite, Manganese, Nickel
Location: Eindhoven, The Netherlands
EBA250 is the industrial development program of the European Battery Alliance launched in October 2017 by the European Commission. Managed by EIT InnoEnergy, EBA250 is a unique platform for key stakeholders throughout the entire battery value chain – from mining to recycling – with the common objective to build a strong, sustainable and competitive European battery industry and capture a growing market worth 250B€ per year from 2025. EBA250 is a project-driven community which brings together the European Commission, the European Investment Bank and now more than 500 industrial, innovation, academia and financial stakeholders.
As part of the EBA250 initiative and to further enable and speed up the building of the European battery industry, the Business Investment Platform (BIP) was launched at the end of 2019. Co-designed by industrial players and public and private financial institutions, the BIP accelerates transactions in the European battery value chain. How? We choose projects with a sound business case and a strong focus on sustainability, we then facilitate and coach them to enhance the robustness of the investment cases in all required dimensions (technology, team, environmental sustainability, supply chain, offtakers) in order to shorten time to investment and substantially reduce the associated risk for both investors and investees.
To hand-pick these projects, we engage with external experts from the industry (OEMs, battery manufacturers, experts in mining & refining…), public and private financial market actors as well as R&D representatives (universities), so that the investment case is analysed in a holistic approach.
As of today, we support 4 lithium projects within the BIP framework. Several additional projects related to battery raw materials (ie manganese, nickel, cobalt, graphite) are under way.
EBA250 will be showcasing the projects to interested investors at Mines and Money Online Connect. Get in touch to set up a meeting.
EIT InnoEnergy will be showcasing their projects to prospective investors at Mines and Money Online Connect. Apply for your complimentary investor pass here.