Jun 10 2021, 12:20 AM
June 09 2021, 12:19 PM
June 10 2021, 12:20 AM
(Bloomberg) Swedish battery maker Northvolt AB raised $2.75 billion in its biggest financing round yet to expand its operations and cater to surging demand in Europe for cells made with green energy.
(Bloomberg) Swedish battery maker Northvolt AB raised $2.75 billion in its biggest financing round yet to expand its operations and cater to surging demand in Europe for cells made with green energy.
The private placement was co-led by Swedish pension funds AP1, AP2, AP3 and AP4, and Omers Capital Markets, alongside existing investors Goldman Sachs Asset Management and Volkswagen AG, according to a statement published on Wednesday.