Northvolt closes in on $300 million rescue package to stay afloat --[Reported by Umva mag]

Combination of shareholders, lenders and customers are participating in the bridge funding

Oct 17, 2024 - 19:40
Northvolt closes in on $300 million rescue package to stay afloat --[Reported by Umva mag]
Northvolt AB is closing in on a US$300 million rescue package that includes debt and equity, according to people familiar with the matter, buying time for the cash-strapped Swedish battery maker to stabilize production and line up longer-term financing. Read More




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