Announced
OMERS Capital Markets and Goldman Sachs led a $2.75bn round in Northvolt.
Synopsis
OMERS Capital Markets, a private equity firm, and Goldman Sachs, an investment bank, led a $2.75bn round in Northvolt, Lithium-ion battery maker with participation from four Swedish pension funds and Volkswagen. “We now have sufficient firepower for some time but over time with our growth ambition or financing need, to be in the public market is going to be required,” Peter Carlsson Northvolt CEO.
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