Northvolt versus Britishvolt: A tale of two deals

In:

Manufacturing & equipment

Region:

Europe

By Sean Keating

In November 2020, Northvolt – a joint venture between Volkswagen, Goldman Sachs, BMW, AMF, Folksam and IMAS Foundation – reached financial close on $1.6 billion of 10-year project finance debt for its $2.6 billion lithium-ion battery gigafactory project in Sweden. The deal blended DFI,...

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