09
Jun
15:29
Northvolt raises $2.75 billion to fund expansion plans
Swedish battery manufacturer Northvolt announced Wednesday it has raised $2.75 billion in a private placement to boost production capacity, including the construction of two new gigafactories.
The fundraise was co-led by Swedish pension funds (AP1, AP2, AP3 and AP4) and Canada’s benefit pension plan OMERS, alongside existing investors Goldman Sachs and Volkswagen Group. The round also attracted further investment from current shareholders including EIT Inno…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous