News
31 July 2024

NOVO Energy gigafactory financing out to banks

In:
Manufacturing & equipment
Region:
Europe

A project financing for the €2.04 billion ($2.23 billion) NOVO Energy gigafactory project in Sweden is out to the bank market. NOVO Energy is a joint venture between Northvolt and Volvo. The project will be located in Gothenburg and will have an annual battery cell production capacity of up to...

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