Forsee Power has entered into exclusive negotiations with FCAP Investors Pte. Ltd for an investment to strengthen its equity and support its RePower27 strategic plan. The proposed transaction includes a capital increase of approximately €20 million at a price of €0.25 per share, subject to prior approval by the French Ministry of the Economy for foreign direct investment control. FCAP Investors Pte. Ltd, an Asian private equity fund, would invest via a dedicated Singapore-based company and, together with the acquisition of Mitsui & Co's entire stake by FCAP, Eurazeo, and Noria, would become one of the main shareholders while remaining below the 30% threshold. Current reference shareholders Bpifrance Investissement, Eurazeo, and Noria would also participate in the capital increase. The deal aims to enhance access to technologies and new markets in Europe, North America, and Asia Pacific, while preserving Forsee Power's French and European roots.
Mitsui & Co.,Ltd
Eurazeo€20 million capital increase and new strategic investor support RePower27 plan