Battery Manufacturer Northvolt Raises $150 Million
The funding is a convertible debt for the Northvolt Six project in Québec.
November 21, 2023
/ Storage
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Northvolt, a Sweden-based manufacturer of lithium-ion batteries, received around CAD 200 million (~$150 million) from CDPQ. The funding is in the form of a convertible debt, which will help facilitate the Northvolt Six project in Québec.
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