Money owed by Recharge Industries to the Geelong Cats include unpaid hospitality packages that typically involve premium match-day seating
, which included plans for a large battery plant in Northumberland to form the backbone of an electrified British automotive industry.to administrators. Ernst & Young said in a statement to Guardian Australia it was recovering outstanding amounts owed by the buyer.
Additionally, Recharge owes money to Geelong’s Deakin University after the organisations formed a partnership to advance various technologies, according to the sources.Last year, Deakin awarded Recharge $10m, representing one-fifth of a $50m grant the university received from the federal government.
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