Global Trade Alert
Global Trade Alert

Sweden: EIB provides financing for 'Northvolt ETT Expansion-Large Scale Battery Plan'

Announcement

21 Dec 2023

On 21 December 2023, the EIB provided financing worth EUR 951 million (USD 1037 million).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

21 Dec 2023

Revocation date:

No revocation date

State loan In force

On 21 December 2023, the European Investment Bank (EIB) and Northvolt AB signed an agreement worth EUR 951 million (approx. USD 1037 million) for the project 'Northvolt ETT Expansion-Large Scale Batte...

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