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22 Jun
21:52

Northvolt secures $400m from Canadian pensions manager

Swedish battery manufacturer Northvolt is catching investors' eyes across the Atlantic, with the Investment Management Corporation of Ontario (IMCO) announcing a $400 million investment in the company this week. The funds will come from a joint investment by the Canadian pensions manager’s Fundamental Equities and Global Infrastructure teams, and will enable Northvolt’s planned expansion. The company started producing batteries at its first gigafac…
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