Alelion Energy Systems secures financing of MSEK 45 in total by extension of loans and credits until March 2022

Alelion Energy Systems has extended an already approved loan of 30 MSEK until March 2022 and prolonged the overdraft of an additional 15 MSEK. The extension has been granted with the help of guarantees from the company’s largest owners and is part of the work to secure the company's long-term financing.

The funding has been provided by Swedbank and been guaranteed by all of the company’s major owners. In parallel, work is underway to review the company's long-term need of capital and funding alternatives. In the spring Alelion appointed the investment bank Redeye as financial adviser with the task to analyze the company’s capital structure and different funding alternatives.

For more information, please contact:

Åsa Nordström, CEO Alelion Energy Systems AB +46 702-90 18 58

Alelion Energy Systems AB (publ)

Alelion is a Lithium-Ion technology solution provider and manufacturer of battery systems. Alelion makes their clients succeed with their electrification of industrial vehicles and transformation to more sustainable use of energy. With powerful solutions, an automated production and an empowering approach, Alelion constantly strive forward, for a better tomorrow. Alelion is headquartered in Gothenburg, Sweden and listed at Nasdaq First North Growth Market.

Alelion has and give the power to change, more information at alelion.comAlelion’s major owners are Pegroco and Fouriertransform. The company's share (ALELIO) is traded on Nasdaq First North Growth Market, Stockholm with G&W Fondkommission as Certified Advisor, e-mail: ca@gwkapital.se, phone: +46 8-503 000 50.

CEO Åsa Nordström  +46 702 90 18 58, e-post: asa.nordstrom@alelion.com

Direct link to Investor Area: 

https://www.alelion.com/en/Investor

Alelion Energy Systems AB

Sörredsbacken 4

SE-418 78 Göteborg

info@alelion.com

www.alelion.com

Org nr: 556710-7916

Subscribe

Documents & Links