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Elodie Lamer
Sogepa approved a stake of 150 million. But will pay its contribution dropper and under conditions.
L th Chinese automobile Thunder Power is preparing to invest two thirds of the site formerly operated by Caterpillar Gosselies, with generous help but conditioned Sogepa, financial arm of the Walloon Region
On Wednesday morning, the Board of Directors of Sogepa approved its participation to the tune of 150 million in the framework of the Belgian subsidiary of the Chinese company, ensuring it hold about 40% of the capital. Thunder Power alone will contribute 105 million euros, on a total investment plan of 405 million. The amounts of Sogepa will be used mainly for investments in buildings and equipment.
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