Investors rally behind Northvolt as Goldman Sachs plots rescue

Bloomberg reports that Goldman Sachs, the second-largest shareholder in struggling Northvolt, is exploring the possibility of rescuing the battery maker alongside other investors.

Uppgifter på onsdagen gör gällande att flera ägare överväger att gemensamt agera för att rädda krisdrabbade batteritillverkaren Nortvolt. Arkivbild.

Uppgifter på onsdagen gör gällande att flera ägare överväger att gemensamt agera för att rädda krisdrabbade batteritillverkaren Nortvolt. Arkivbild.

Foto: Pontus Lundahl/TT

Sverige2024-10-17 13:00

Bloomberg reports that Goldman Sachs, the second-largest shareholder in crisis-stricken Northvolt, is exploring the possibility of rescuing the battery maker alongside other investors. 

According to anonymous sources, Goldman Sachs is actively working to address Northvolt's liquidity crisis.

A spokesperson for both Goldman Sachs and Northvolt declined to comment on Bloomberg's report.

SVT Västerbotten reports that pension giant AMF and state AP funds are considering investing further to support Northvolt. Even founder Harald Mix has indicated his willingness to provide additional funding. '

– I'm committed to the company, Mix told TT during a conference on fossil-free investments in Sweden on Wednesday.