Demeter announces an investment into Vulcan Energy Phase One Lionheart Project
Demeter announces the signing of an investment in Vulcan Energy’s Phase One Lionheart (Phase One Lionheart), a landmark transaction in the Upper Rhine Valley in Germany, which will be the first of its kind in Europe combining the production of lithium and renewable energy for industrial sites and local communities.
Demeter is part of a consortium of investors with Siemens Financial Services and HOCHTIEF which is investing into a project company VER GEO LIO GmbH.