Samsung SDI to lend $1.05 billion to Stellantis JV StarPlus Energy

Samsung SDI

31/03/2026 01:29

SEOUL, March 31 (Reuters) - South Korea's Samsung SDI 006400.KS said it plans to lend 1.6 trillion won ($1.05 billion) to StarPlus Energy, its battery joint venture with Stellantis.

The company said in a regulatory filing that the loan will be used to fund capital investment.

 ($1 = 1,526.9000 won)

 (Reporting by Heejin Kim and Heekyong Yang; Editing by Himani Sarkar)

 ((Heekyong.Yang@thomsonreuters.com;))