Wallenberg Investments‑led consortium has agreed in principle on a EUR 1.4 billion financing round of Stegra
Wallenberg Investments has agreed in principle with Stegra and new and existing shareholders and lenders on EUR 1.4 billion in new financing of Stegra to complete the construction of its large-scale green steel plant in Boden, Sweden. Wallenberg Investments, which has led and formed a consortium with Temasek and IMAS, will take a leading position in Stegra going forward. Wallenberg Investments has committed to invest EUR 250 million in equity of the total financing round amounting to EUR 1.4 billion. The combination of new capital and, subject to credit approvals, support by its senior