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Wallenbergs Fund Swedish Green Steel Project with €1.4bn

The Wallenberg family has provided €1.4 billion in funding to rescue Stegra, a Swedish green steel project, helping it avoid the fate of bankrupt Northvolt.

14 Apr, 08:03 — 14 Apr, 08:03
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FTVery High1d ago

Wallenbergs rescue Swedish green steel project with €1.4bn funding deal

Stegra has been striving to avoid same fate as bankrupt Northvolt

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