€350 million financing of Europe’s first home-grown gigafactory for lithium-ion battery cells

The European Investment Bank has given its in-principle agreement to support the financing of Europe’s first home-grown gigafactory for lithium-ion battery cells, Northvolt Ett, in Sweden. Upon conclusion of a loan agreement, the financing would be supported by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe. The gigafactory will be Read more about €350 million financing of Europe’s first home-grown gigafactory for lithium-ion battery cells[…]