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Nordic investors unite in funding round for green steel venture

The Swedish company H2 Green Steel has raised EUR 190m from a selected group of investors, including AMF, Swedbank Robur and Altor.
Investment duo at Swedish pension fund AMF Anders Oscarsson, head of equities, and Tomas Flodén, head of asset management. | Photo: PR / AMF
Investment duo at Swedish pension fund AMF Anders Oscarsson, head of equities, and Tomas Flodén, head of asset management. | Photo: PR / AMF
by SØREN RATHLOU TOP

Swedish company H2 Green Steel has raised EUR 190m for a green hydrogen powered steel plant in Boden in Northern Sweden. In the longer term, the company hopes to transform the steel industry, which generates significant carbon emissions.

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