Nilar has raised SEK 178 million from current shareholders and new investors to meet conditions for EIB financing – AP4 has become a shareholder
Nilar International AB, a front-runner in building-integrated electrical energy storage systems (BESS), announced today that the company has secured SEK 178m in additional equity from current shareholders and new investors. The Fourth Swedish National Pension Fund (AP4) has joined Nilar’s existing major Nordic institutional investors – AP1, AFA and Climate Delta – as a new shareholder through this equity issue. The raised capital will predominantly be used to ramp-up production capacity and accelerate sales activities; it is also a condition for the disbursement of the first tranche of the