Wallenberg Investments‑led consortium has agreed in principle on a EUR 1.4 billion financing round of Stegra
Summary
Stegra has secured agreement in principle for a EUR 1.4 billion financing package to finish building its green steel plant in Boden, Sweden. Wallenberg Investments is leading the consortium and will contribute EUR 250 million in equity. The deal still needs lender credit approvals, regulatory approvals, and final documentation before closing. Signing is expected by the end of April, with closing anticipated in June 2026. The financing gives Stegra a fully funded path to complete construction and commissioning.
Funding
Amount
$1.6B
Total raised
Date
April 12, 2026
Announcement date
Investors
-
Lead investors
Company
https://stegra.com
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected