Northvolt Ett

Northvolt Ett LIB Expansion Project in Skelleftea - ECA Covered Financing

Borrower(s)
Northvolt Ett
Industry
Manufacturing & equipment/Battery factory
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Sweden

Deal Overview

This financing will enable the refinancing of the $1.6 billion debt package raised in July 2020 for the first 16 GWh phase of cell manufacturing capacity at Northvolt Ett, and will finance what will be the first fully circular battery cell manufacturing site in Europe. The financing covers the...

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Deal Volume
$4.87bn
Financial Close
16/01/2024
Dealmakers
Olaf Brettschneider

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Mauricio Liebetrau

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Giuseppe Di Palma

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Stefan Eitel

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Hamza Lekhel

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Thibault Boulanger

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Thibaud Huillet

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Mathieu Le Mouël

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Thomas Visser

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Andrei Freiberger

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Charlotte Berry

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Jerome Schneider

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Andrei Volkov

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Elke Blümler

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Sources
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Tranches

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Project Deals

Northvolt Ett Expansion
$2.48bn
Brownfield
Electric Vehicles
Europe
Europe
Sweden