LG Energy Solution Acquires Stellantis’ 49% Stake in NextStar Energy

February 10, 2026

LG Energy Solution will acquire full ownership of NextStar Energy in Windsor, Ontario by buying Stellantis’ 49% equity stake. The transaction is subject to approvals and other customary closing conditions. Stellantis will continue to source battery products from NextStar Energy.

Buyers
LG Energy Solution
Targets
NextStar Energy
Sellers
Stellantis
Industry
Energy
Location
Ontario, Canada
Transaction Type
Buyout

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