# LG Energy Solution to acquire full ownership of NextStar Energy from Stellantis

LG Energy Solution will acquire Stellantis' 49% stake in NextStar Energy, a joint venture established in 2022 to build a battery manufacturing facility in Windsor, Ontario. Over $5 billion CAD has been invested in the facility to date.

- Type: Acquisition
- Announced: 2026-02-06
- Where: Windsor, Ontario, Canada
- Status: announced
- Products: battery cells
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Stellantis](https://endata.com/companies/7966.md) (target)
- [LG Energy Solution](https://endata.com/companies/11181.md) (acquirer)
- [NextStar Energy](https://endata.com/companies/32018.md) (target)

## Sources

- [stellantis.com](https://www.stellantis.com/en/news/press-releases/2026/february/lg-energy-solution-to-acquire-full-ownership-of-nextstar-energy-in-joint-strategic-decision-with-stellantis), 2026-02-06: "The ownership transition is a mutually agreed, strategic decision by the joint venture’s two shareholders, LG Energy Solution and Stellantis."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.