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Carbon Revolution Receives Initial Funding of $70 million from the OIC Structured Equity Facility • • GlobeNewsWire • Stocks

GEELON, Australia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (“Carbon Revolution” or the “Company”) a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, today announced that it has received an initial investment of US$70 million from a Structured Equity Facility of up to US$110 million from fund vehicles associated with Orion Infrastructure Capital (“OIC”), a leading infrastructure investment...

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