In response to an issue opened on GitHub discussing the recent founder’s involvement in endorsing a far-right party in Sweden, a developer wrote this as the company’s statement:
Stegra’s €1.4 billion financing round keeps Europe’s first large hydrogen-based steel plant moving, but also shows how difficult industrial decarbonisation remains when capital markets turn selective.
Swedish infrastructure firm Hydri Energy has inaugurated a 10-station hydrogen refuelling network in Sweden, spanning from Skåne and the country’s west coast through to Stockholm.
€1.4 billion financing led by Wallenberg Investments consortium advances one of Europe’s largest green steel projects Deal reinforces Sweden’s industrial Stegra has agreed in principle to raise $1.6 Billion from Wallenberg Investments for Europe’s largest green steel projects.
Stegra, which is building an integrated plant producing green hydrogen, green iron and green steel in Boden, northeastern Sweden, has installed the final electrolyser module at its 740-MW green hydrogen facility.
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