16
Jan
13:54
Northvolt secures $5 billion in new financing package
Northvolt has secured $5 billion to expand its cathode, cell and recycling capabilities in northern Sweden, in a deal deemed Europe’s largest green loan to date, Kallanish reports.
The Swedish battery manufacturer said Tuesday it signed a non-recourse project financing, which includes the refinancing of the $1.6 billion debt package raised in July 2020. A “significant portion” of the commercial facilities is covered with certain guarantees combin…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous