EIT InnoEnergy home page News & events Northvolt $2.75 billion capital raise another ‘milestone’ in industrial ramp up to achieve European Green Deal, says EIT InnoEnergy

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09 June 2021

Northvolt $2.75 billion capital raise another ‘milestone’ in industrial ramp up to achieve European Green Deal, says EIT InnoEnergy

The $2.75 billion raised in equity enables Northvolt’s expansion plan leading up to and beyond 150 GWh of deployed annual production capacity in Europe by 2030, and is a key milestone in Europe’s industrial ramp up to achieve the European Green Deal objectives, EIT InnoEnergy has said today.

A total of $6.5 billion raised

A new cornerstone in Europe's ambition

A solid base of investors

Supporting the making of a new European industry

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