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By Dominic Chopping STOCKHOLM--Swedish battery maker Northvolt has raised $1.2 billion from investors including BlackRock and Canadian pension firms ahead of...
Swedish lithium-ion battery producer Northvolt has raised $1.2 billion from investors including BlackRock and several Canadian pension plans as it prepares to build new factories in Europe and North...
Northvolt: "The battery manufacturing sector has attractive growth potential driven by the accelerating adoption of battery storage and electric vehicles," said David Giordano, global head of climate infrastructure at BlackRock.
European gigafactory firm Northvolt has started producing battery energy storage systems (BESS) at its Northvolt Dwa facility in Poland, while also securing a US$1.2 billion convertible note.
By Dominic Chopping STOCKHOLM--Swedish battery maker Northvolt has raised $1.2 billion from investors including BlackRock and Canadian pension firms ahead of a planned expansion in Europe and...