Fortescue Future Industries buys Williams Advanced Engineering for A$310 million

Fortescue Future Industries, a subsidiary of Fortescue Metals, acquired Williams Advanced Engineering (WAE) for A$310 million. The deal aims to develop advanced battery storage systems and electrify heavy transport.

“Fortescue Future Industries has made its first major push into battery storage and high performance batteries with the $A310 million purchase of Williams Advanced Engineering.”reneweconomy.com.au

• 1 source
• reneweconomy.com.auFortescue buys Williams Engineering in major push into high performance batteriesGiles ParkinsonJan 23, 2022

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