Industrikraft will invest SEK 400 million in the project and become a 20 percent shareholder in the nuclear power company Videberg Kraft AB, which was started by Vattenfall.
"In addition to co-financing the project company, the industry contributes resources and capabilities in project expertise and technology selection," says Tom Erixon, Chairman of Industrikraft and CEO of Alfa Laval in a press release.
Earlier this year, it was announced that Vattenfall would start a separate nuclear power company that would bring in the industrial giants as partners. The government has also announced that the state intends to become a partner in the company.
Industrikraft's owners include major companies such as ABB, Alfa Laval, Boliden, Hitachi Energy, Höganäs AB, SSAB, Saab, Stora Enso and the Volvo Group.
