Bankrupt Northvolt's hunt for money — contacted 170 potential investors - Radio Sweden

The 270 million invested by Quebec in Northvolt's parent house in Sweden is lost, the government confirms.

"The value of this amount is estimated to be lost," said Minister Christine Fréchette.

Bankrupt Northvolt's hunt for money — contacted 170 potential investors - Radio Sweden

Before going bankrupt, battery manufacturer Northvolt was in contact with over 170 potential investors to hunt for new money, according to Swedish Radio ...

The former FDP Minister of Economic Affairs from Schleswig-Holstein, Bernd Buchholz, makes serious accusations against the state government. According to him, the parliament was ... The post Northvolt-Pleite: The state government is not supposed to have informed parliament about risks appeared first on Apollo News.

Quebec Government Confirms $270M Loss Following Northvolt Bankruptcy

The Quebec government has confirmed that its $270 million investment in Northvolt AB, the Swedish parent company of battery manufacturer Northvolt, is now worthless following the company’s bankruptcy earlier this month. Speaking on Wednesday, Economy […]

The $270 million invested by Quebec in Northvolt's parent company in Sweden is no longer worth anything, says the government."It is estimated that the value of this amount is lost," confirmed Christine Fréchette, Minister of Economy, Innovation and Energy on Wednesday.