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Candela Equity

Sector: Water Supply and Storage • Location: Poland

Source: International Finance Corporation (IFC)

Project
Pending

The project consists of an equity investment for a minority stake in Candela Technology AB (“Candela”, or the “Company”), a company that manufactures electric foiling vessels at the forefront of electrifying marine transport. Candela is a first-mover in the space and its ferry (P-12 model) is the first electric hydrofoil to receive regulatory approval and operates in Stockholm’s public transport s

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Project Information

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The project “Candela Equity” is an infrastructure initiative in the Water Supply and Storage sector, located in Poland. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

pending

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project consists of an equity investment for a minority stake in Candela Technology AB (“Candela”, or the “Company”), a company that manufactures electric foiling vessels at the forefront of electrifying marine transport. Candela is a first-mover in the space and its ferry (P-12 model) is the first electric hydrofoil to receive regulatory approval and operates in Stockholm’s public transport system. IFC is proposing up to €8 million in equity financing to support the Company’s expansion into Emerging Markets.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

obfuscated_data,obfuscateddata.com

More Details

Project Type

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Article Published Date

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