In the credit rating that was conducted, and which the newspaper Business World has taken part in, it emerges that the authority was concerned about both the investment and construction being significantly delayed and that the estimated costs had increased by 2 billion dollars.
The authority also notes that Northvolt lacks "experience of projects of this size and complexity, i.e. building and commissioning several production lines with extensive production".
The National Debt Office even lowered its credit rating of the company due to the risks.
"The construction phase is a central risk and dependent on other suppliers and multiple interfaces. The credit rating is therefore adjusted downwards to reflect the construction risk."
Northvolt was ultimately granted a state guarantee of 15 billion, despite the risks, but the money was never paid out since the company did not meet the specified criteria.
