Li-Cycle Holdings Drags On Clean Energy Funds

Posted on 11/15/2023

Funds including BNP Paribas-Energy Transition Fund, GMO Resources Fund, GMO Climate Change Fund, Invesco’s WilderHill Clean Energy ETF, and the single largest shareholder, the UK’s asset manager Covalis Capital, are taking a bath on lithium investments. This disaster comes courtesy of Li-Cycle Holdings. Li-Cycle is now trading for US$ 0.64 a share. The stock was…

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