Forsee Power’s financial restructuring efforts continue after the end of discussions with FCAP Investors Pte Ltd. In a statement, the company said the parties had not been able to agree on terms satisfactory to the proposed transaction. Meanwhile, Forsee Power is seeking investment opportunities and taking steps to improve its financial position.
The company has also been in talks with industrial and financial investors. It also has a strategic partnership and asset disposal program worth an estimated total of over €20 million.
Forsee Power SA (FR0014005SB3 – ALFOR), the expert in smart battery systems for commercial and industrial electric vehicles, announces the end of discussions with FCAP Investors Pte. Ltd. Discussions were held in connection with a proposed investment announced July 15, 2026.
The parties were not able to meet the conditions necessary for the transaction to be concluded on mutually satisfactory terms after several weeks of negotiations. Under the proposed arrangement, accordingly, Forsee Power and the FCAP Investors will not be proceeding with the contemplated investment.
The transaction initially targeted a capital increase to reinforce Forsee Power’s equity base. The initiative was supported by FCAP Investors Pte. Ltd. and the company’s reference shareholders.
Christophe Gurtner, Founder, Chairman and Chief Executive Officer of Forsee Power, commented: “We remain fully committed to strengthening Forsee Power’s financial structure, with several initiatives currently underway, including discussions with potential investors and the implementation of our asset disposal program. Our priority remains unchanged: to execute the RePower27 plan with discipline and create the conditions for a return to sustainable and profitable growth.”
Initiatives Underway to Strengthen Forsee Power’s Financial Structure
Discussions have been closed but Forsee Power is still looking at various options to improve its financial stability. The company continues to work with a number of potential investors to identify suitable opportunities. The discussions are meant to strengthen the company’s equity base and secure the resources required for its strategic roadmap. Moreover, Forsee Power intends to establish a sustainable financial structure to support its long-term business targets.
The company’s reference shareholders, Bpifrance Investissement, Eurazeo and Noria, continue to support the company. Their ongoing involvement provides support to Forsee Power as it evaluates its financial priorities and strategic opportunities. At the same time the company continues with the implementation of its strategic partnership and asset disposal program. The total value of these initiatives is estimated at more than €20 million. These measures will allow Forsee Power to manage its resources more efficiently and strengthen its financial position. The company also intends to keep making strides on its RePower27 strategic plan.
RePower27 aims to be profitable and grow in the future
Forsee Power’s RePower27 strategy is designed to restore sustainable profitability and position the company for a return to growth from 2027. This approach relies on three main levers to improve operational and financial performance. First, the company focuses on financial optimization to promote overall financial structure. Secondly, it aims to lower its break-even point by minimizing the costs required to keep the business running.
Third, Forsee Power plans to focus on higher value segments of the market. They include buses, off-road vehicles, mining equipment and rail applications.
These are sectors where the company can capitalize on its know-how in smart battery systems. Its battery technology supports commercial and industrial electric vehicles in various operating environments. In addition, Forsee Power has already implemented fixed cost reductions of €15 million. This is part of its broader efforts to improve efficiency and support sustainable profitability. The company is still merging cost optimization with investment talks and asset sales. These initiatives together are intended to strengthen its financial position and to support the execution of its strategic roadmap.
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News Source: Businesswire.com
