| Project Detail |
Location: Poland Project number: 54987 Business sector: Manufacturing and Services Notice type: Private Environmental category: B Approval date: 18 Jun 2024 Status: Approved PSD disclosed: 15 Jul 2024 Provision of a senior secured loan of up to USD 25 million to Northvolt Systems AB (the Company), a company specialised in providing battery solutions for energy storage systems and industrial application, for the development of an industrial-scale manufacturing plant for battery solutions in Gdansk, Poland (the Project). Project Objectives To finance the core capex plan for the period 2024-2025, covering investments in production equipment for battery products for Energy Storage Systems (ESS) and industrial applications. |
