One Word: Northvolt
Posted on 06/26/2019
Three pension funds, two from Sweden and one from Denmark, are participating in a substantial capital raising and pledging a combined €175 million for the Swedish lithium-ion battery start-up Northvolt. In total, US$ 1 billion is expected when all capital raising is completed. Northvolt is headed by Goldman Sachs and Volkswagen AG. Sweden’s AMF Pension […]
