GCTL Accelerates Energy Transformation by Equipping Customers with New Energy Storage Technology
GCTL, a joint venture between GLP and Contemporary Amperex Technology Ltd. (CATL), the world’s leading battery provider and the largest maker of electric vehicle (EV) batteries, has been actively driving development of energy storage infrastructure in industrial and commercial sectors in China.
The Singapore-listed logistics real estate investment and development firm has expanded to the US by buying the majority share of the IndCor business from Blackstone.
China Ecommerce Boom Drives $2.5bn Deal For Stake in Logistics Group GLP
By Simon RabinovitchGlobal Logistic Properties, a large Asian warehouse operator, will raise $2.5bn by selling up to a third of its China business to statebacked investors, in a deal that highlights the explosive gro