Northvolt secures USD63.6 million loan from EIB for battery plant
Battery plant expected to be completed by 2023 and have a production capacity of 32 GWh
Northvolt has secured a loan of up to EUR52 million (USD63.6 million) from the European Investment Bank (EIB) for its new battery plant in Sweden, the company announced in a press release on 12 February.
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