Ontario Fund Writes Down $400 Million Investment in Northvolt
Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt AB, the electric vehicle ...
Transport Topics4d
Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors
Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.
norran1d
Hundreds of creditors seek billions of kronor from Northvolt
Battery manufacturer Northvolt is facing approximately 600 payment claims in a US court, totalling billions of kronor. – Of ...
Swedish AP Funds Write Off Entire $531 Million Northvolt Bet
Sweden’s state-owned pension fund AP2 has written down its entire stake in bankrupt battery maker Northvolt AB, according to ...
Volvo Cars says it will pay Northvolt almost nothing for battery joint venture stake
Volvo Cars will pay Northvolt almost nothing for its 50% stake in their battery venture Novo Energy that it had agreed to ...
Volvo Cars will not pay Northvolt for battery joint venture stake
Last week, Volvo Cars agreed with Northvolt to take over its stake in the venture, which included a planned Gothenburg ...
Pensions&Investments4d
Sweden’s pension fund AP2 writes down Northvolt stake to zero
Sweden’s state-owned pension fund AP2, Gothenburg, has written down its entire stake in bankrupt battery maker Northvolt, ...
norran7d
Millions in bonuses but zero for unpaid consultants at Northvolt
Northvolt intends to pay employee bonuses to prevent staff attrition, while simultaneously refusing to compensate contracted ...