BREAKING: Stegra secures €1.4B led by Wallenberg family for green steel plant
14 apr. 2026
08:34
Swedish green steel startup Stegra has secured €1.4bn from a investor consortium led by the Wallenberg family to complete its plant in Boden - ending months of uncertainty over the project's future.
"It is a very good day," the company tells Impact Loop.
"It is a very good day," the company tells Impact Loop.
Wallenberg Investments, the vehicle of Sweden's most powerful industrial dynasty, has formed an investor consortium that will take a leading ownership position in Stegra through a €1.4bn injection.
The consortium includes Temasek and IMAS, while existing shareholder Altor becomes the second-largest owner following completion. Asset manager Hy24 and Al Gore's investment fund Just Climate also participated. The company's senior and junior lenders are supporting the financing, subject to credit a...