Battery Manufacturer Northvolt Secures $5 Billion Loan

This is the first loan raised through Northvolt’s Green Finance Framework created in 2023.

January 19, 2024

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Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to expand its battery gigafactory, Northvolt Ett, in northern Sweden.

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