Alelion Energy Systems secures financing

Alelion Energy Systems secures financing by extending loans and credits totalling SEK 45 million that run until March 2024

Alelion Energy Systems has extended a previously granted loan of a total of SEK 30 million until March 2024 and also extended the overdraft facility of an additional SEK 15 million previously granted. The extension has taken place with the help of owner guarantees from the company's main owners and is part of the work to secure the company's financing. Behind the financing are Swedbank and three main owners who issued ownership guarantees. In parallel, work is underway to review the company's long-term capital needs and financing opportunities in the rapidly growing market for sustainable electrification.

For more information, please contact:
Åsa Nordström, CEO, Alelion Energy Systems AB
+46 702 90 18 58

Christian Bergaust, CFO, Alelion Energy Systems AB
+46 702 93 50 40

About Alelion Energy Systems AB (publ)
Alelion is a lithium-ion technology solution provider and developer and manufacturer of battery systems. Alelion makes clients succeed with their electrification of off-highway vehicles and transformation to more sustainable use of energy. Alelion invests to stay at the forefront and offers the latest proven technology, tailored to the specific needs of its customers and end users. Alelion is headquartered in Gothenburg, Sweden. Alelion’s share is traded on Nasdaq First North Growth Market (ALELIO).
We give the power to take climate action. alelion.com

Alelion’s major owners are Fouriertransform, Blomqvist Listed Sustainability and Pegroco Holding.  The company’s share (ALELIO) is traded on Nasdaq First North Growth Market, Stockholm, with G&W Fondkommission as Certified Adviser.

Alelion Energy Systems AB
Sörredsbacken 4, SE-418 78 Göteborg
info@alelion.com

Link to press release.