Baseload Capital Sweden AB (publ) today releases the results for the period 1 January – 31 March 2021
Interim report for the period 1 January – 31 March 2021 During the first quarter of 2021, Baseload closed a capital round of USD 25m with Chevron Technology Ventures (“Chevron”) as a new strategic investor. · The result for the first quarter was SEK -31.0 million (SEK -8.3 million for the same period in 2020). · In Japan, work continues on the third project for Baseload Power Japan. Called Sansui, it is a small project where an existing onsen-well is used to run two Climeon modules. The project is strategically important to be able to expand with larger projects in the