InoBat has entered into a merger agreement with Cartesian Growth Corporation II, which is expected to result in the company’s listing on the Nasdaq under the ticker symbol INBT. The transaction values InoBat at $1.265 billion and includes $77.5 million in new capital. InoBat has already delivered or contracted 875 MWh of large-scale BESS battery storage systems in Europe. Following the transaction, the company plans to accelerate production growth in Voderady and also focus on the energy needs of data centers and AI infrastructure, which require stable and flexible power sources. inobat.eu 🇬🇧