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Forsee Power ends FCAP investment talks and pursues financial plan

The French battery systems maker said it could not agree with FCAP on conditions for the proposed investment.

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French industrial group Forsee Power said on October 9 that talks with Singapore-based FCAP Investors over a proposed investment announced in July had ended. The company said the conditions needed to complete the transaction on terms satisfactory to both parties could not be met. The July proposal contemplated a capital increase to strengthen Forsee Power’s equity base.

The company said discussions with several potential investors remain active, alongside a strategic partnership and asset-disposal program with a combined estimated amount above €20 million. Forsee Power also reported that it had already implemented €15 million in fixed-cost reductions under its RePower27 plan. The plan aims to restore profitability sustainably and prepare for a return to growth from 2027; these are company targets, not achieved results. Forsee Power supplies battery systems for commercial and industrial electric vehicles.

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Financial-strengthening initiatives

Funding plans, fixed-cost reduction and targets reported in Forsee Power’s October 9 announcement.

  1. · Occurred

    End of FCAP investment talks

    The investment proposal announced in July could not be completed on terms acceptable to both parties.

Methodology

Amounts are the company’s stated aggregate estimate and reported implemented cost reduction. A return to growth from 2027 is a forward-looking company target, not an achieved outcome.

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  • France · Place role: Coverage · Place type: Country or area · Location precision: Regional
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Taxonomy version: IPTC Media Topics 2026-Q2

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